Turkey’s Growing Solar Market

Turkey’s geographical location and average annual sunshine duration of 2738 h, an average sunshine duration of 7.5 h per day [1] means that Turkey’s solar sector has great potential – estimated at 189 GWh/year in electricity production obtained from solar energy [2]. This is more than the potential estimated for countries such as Spain and France.[3]

While solar power currently accounts for nearly 6.6% of Turkey’s total installed power,[4] Turkey’s solar sector is rapidly growing as a result of government commitment to achieving around 10 gigawatts of solar capacity by 2023[5] as part of its national energy strategy.

Turkey’s energy strategy aims for 30% of the country’s energy needs to be met by renewable sources. It therefore focuses on increasing investment in the private sector and encourage both domestic and foreign suppliers to undertake projects which will provide sustainable energy to the Turkish population.

Designated Renewable Energy Resource Zone Projects (YEKA) have been opened up to tender to maximise the use of local renewable energy resources.[6]  Furthermore, significant increases in feed-in tariffs have resulted in a huge increase in the number of on-grid photovoltaic systems in Turkey over the last decade, making solar power an attractive investment option.

In 2011, Turkey implemented the YEKDEM scheme – a feed-in tariff scheme for wind, hydropower, geothermal, biomass and solar power plants which offers support for solar power plants at $0.133 kilowatt-hour.[7]

Interested in learning more? Contact us for an obligation-free chat about Turkey’s solar energy sector.

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