Turkey Solar Photovoltaic (PV) Power Market: Outlook 2020 - 2030 - Trends, Forecasts, Investments, Opportunities, Analysis, COVID-19 Impact
/17th June 2020, RENEWABLE MARKET WATCHTM/ This market report offers an incisive and reliable long-term overview of the country's photovoltaic sector for the next long term period 2020 ÷ 2030. Turkey has the sixth-largest electricity market in Europe and one of the fastest-growing in the world. Because of cuts in FIT’s announced in Germany, Spain, France, UK, Czech Republic, Slovakia, Bulgaria and Italy after 2012, Turkey represents interesting investment environment in South-East Europe with excellent solar irradiation.
Cumulative solar PV capacity in MW in the country increased 20-fold from 2015 to 2018 despite political uncertainty. We have to point out 2018 was another consecutive record year for Turkish solar market with approximately 1.6 GW new solar photovoltaic capacity installed. The Turkish market has excellent chances to exceed XXX GW cumulative installed capacity in the next 5 years.
Turkey's first integrated solar ingot-wafer-module-cell production factory in Ankara will begin its operations on June 15, 2020, according to the head of Kalyon Solar Energy Technologies Production Co. on Friday (March 13, 2020). In an exclusive interview with Anadolu Agency during the Solar Istanbul - Solar Energy, Storage, E-Mobility and Digitalization Exhibition & Conference, Ahmet Taskin said the facility would produce components for Turkey's biggest solar power plant, which will be established as part of the first solar Renewable Energy Resource Zone (YEKA) tender with a capacity of 1,000 megawatts.
Kalyon Holding, together with a South Korean Hanwha Q-Cells consortium, won the tender for Turkey's biggest solar power plant project - the Karapinar Renewable Energy Resources Zone Project in March 2017 at $0.0699 per kilowatt-hour. However, Hanwha will not continue with this project, and China Electronics Technology Group Corporation (CETC) has stepped in to construct the facility and to provide additional two years of technical assistance after the turnkey contract expires.
The report provides a complete picture of the market situation, dynamics, current issues and prospects. You will find more than 120 pages of valuable information in this unique, in-depth analysis of the Turkish photovoltaic market. You will receive an overview of how the COVID-19 (Coronavirus) will impact it. This report brings clear and concise insights to help investors in their decision-making process with comprehensive market data. As 2020 was a challenging year for the photovoltaic industry, the time for taking the right decisions during 2021 and the next years is limited. A fast-changing market environment with falling module prices requires relevant and accurate information. For your convenience, we offer the opportunity for orders with customized report content. Reasons to buy this market report include:
- Overview of the Turkish political and economic environment
- Solar resource potential in Turkey
- Financial Model and Analysis of 5 MW Photovoltaic (Solar PV) Power Plant investment in Turkey (IRR, WACC, Payback, NPV, Cash Flow, etc.)
- Over 55 charts, tables and maps
- Overview of Turkish photovoltaic market development 2010 ÷ 2030
- Grid-connected photovoltaic installations
- Future market trends and planned photovoltaic projects for 2020 ÷ 2030
- Market prices of fully permitted and operational photovoltaic projects
- Turkish legal and energy regulatory framework for renewable projects
- Key companies and competitive landscape in the photovoltaic sector
- Review of most relevant financing and supporting incentives
- SWOT Analysis (detailed in 5 pages)
This report is essential reading for you or anyone interested in the fast-growing Turkey Solar Power Market, including investment trends overview, competitive landscape and forecasting how investment volume in this market will develop over the next ten years. This report provides a comprehensive analysis of existing mechanisms supporting solar energy use in Turkey and highlights the challenges and opportunities associated with their developments.
Purchasing this report will help your company recognize important market opportunities and understand the possibilities for investment in this area and will receive an overview of how the COVID-19 (Coronavirus) will impact the market. The author of this report, Renewable Market Watch™, has distinguished itself throughout the years by publishing unbiased reports on the development of global renewable energy markets. For your convenience, we offer the opportunity for orders with customized report content.
The more information and answers to your questions about Turkey Solar Power market and related content you may read here: Turkey Solar Photovoltaic (PV) Market Outlook 2020 ÷ 2030
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