More wind power for Turkey

Recently, activities have been initiated by the British company Renewable Energy Systems Holdings Limited, a company that is active worldwide in the renewable energies sector. The company has purchased a portfolio of wind power projects with a capacity of 500 MW in Turkey. The projects worth almost € 750 million will be realized within three to four years. In April, the German energy company EnBW announced a large investment in the Turkish energy market.

"In 2020, Turkey will have an energy demand of up to 500,000 GWh. It is planned to cover a large part of this demand from renewable energies," says Michael Maasmeier of the Investment Support and Promotion Agency of Turkey. A law is currently being discussed that would soon grant wind power in Turkey a feed-in tariff of 8 instead of 5 €ct/kWh during the first ten years of energy production.

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