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Solar Market in Turkey for 2016

Turkey Solar 1 Big

Cumulative installed solar PV capacity in Turkey at the end of 2015 grew up more than 3-fold compared to 2014, and is forecasted to grow significantly in 2016 and the next years. Turkish energy regulator EMRA, granted a 49-year solar generation license at the end of December 2015 to Solentegre Enerji Yatırımları, for solar power plant with 8 MW capacity, which will be build in the eastern province of Elazıg. This licence has been granted after a bidding process held by the regulator. The winning company bid was for TL 827,000 (equal of US$280,000) paid per MW for the license.

Turkey received a number of tenders in 2014 and 2015, when interest from developers was very high, with a total of 9 GW of solar projects being proposed for the 600 MW of tendered capacity that is the national cap as it is set by Turkey’s energy strategy.

Phoenix Solar AG, a leading international photovoltaic system integrator listed in the Prime Standard of the Frankfurt Stock Exchange, and its partner Asunim Yenilenebilir Enerji Teknolojileri İnş. Müh. San. Tic. Ltd. Şti., a member of the Asunim group, have been jointly awarded an order in January 2016 by a Turkish governmental enterprise to build an array of four photovoltaic power plants with a total capacity of 4.9 MWp in the Incesu Industrial Zone in Kayseri in central Anatolia region of Turkey.  Phoenix Solar will carry out all engineering and procurement tasks. Asunim was already in charge of the earlier project development and will take on the actual construction which includes mounting Jinko poly crystalline solar modules and SMA inverters. The electricity will be sold to the grid. The revenues generated will be used by the customer to further develop the industrial zones aiming at expanding the industry base in the Kayseri region.

If you want the learn more about current and future solar and renewable energy targets and plans of Turkey along with the present policy framework, giving a fair idea of overall growth potential of solar energy industry in this country just visit this newly published report: Turkey Photovoltaic Market Outlook 2015 - 2026