Turkey has embarked on a major renewable energy and energy efficiency program
August 11, 2011

Strategically positioned at the crossroads of Europe, Asia and the Middle East, Turkey has embarked on a major renewable energy and energy efficiency program. The country aims to increase its clean energy share to 30 % of its power supply by 2023 - the 100th anniversary of the Turkish republic. With over $40 billion in investment expected in this area by 2020, companies see major business development opportunities in solar, wind and all elements of energy efficiency. Turkey forecasts 6 to 8 % annual growth in energy demand through 2020, with an expected addition of 50,000 MW to the grid. The projects will be funded by public and private sector investment.

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Gestamp's Wind first project in Turkey enters into commercial operation
Jul 21, 2011

Gestamp Wind premieres in Turkey with the commissioning of its first wind farm in this country. The 24 MW project of €35M will provide enough clean energy to power 30,000 homes annually. Gestamps plans include a wind tower manufacturing facility, aiming to also achieve a prominent position in the booming Turkish wind energy production market. Turkey joins Spain, Belgium, USA and Brazil in the wind farms portfolio maintained by Gestamp.

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Turkish Wind Power Capacity to Grow 31.6% a Year Until 2014
June 20, 2011

Turkey’s wind power capacity will grow at an annual average rate of 31.6 percent until 2014, outpacing the growth of overall renewable energy capacity in the country, according to researcher, Research and Markets. Wind power generation will become a highly competitive industry, thus creating business opportunities for manufacturing and material innovations, the Dublin-based researcher said in an e-mailed statement today.
According to Hasan Koktas, Head of the Ankara-based agency, Turkey’s energy regulator may give licenses for 2,277MW of new wind power plants. Turkey had 50,475MW of total power capacity in May, according to the government’s power transmission company Teias. The government aims for 20,000MW of wind power capacity by 2020, about one quarter of the total capacity then, Koktas said.

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Germany’s Siemens AG, one of the world’s biggest manufacturers of wind turbines, may establish a wind tribune rotor blade production facility in Turkey provided that demand for wind energy in Turkish markets continues at its current pace, said Siemens Turkey CEO Hüseyin Gelis.

Turkey has huge potential for wind power, with estimates ranging from 50,000 to as high as 150,000 megawatts in electricity generation. Such potential for wind energy, together with new legislation on the horizon, offers great opportunities for foreign investors interested in expanding into renewable energy markets of fast-growing economies such as Turkey.

Global players wanting to sell equipment, technology and expertise are also showing interest in the Turkish market. American renewable energy developer Renewable Energy Systems (RES), Russia’s state nuclear unit Rosatom, Hamburg-based REpower Systems AG and Denmark’s Vestas are the most recent examples.

General Electric wants to be a big renewable energy player but doesn't want to give up building fossil fuel power plants. This results to the first hybrid project announced by GE and its customer, MetCap Energy Investments, on Tuesday to build a 530 MW power plant in Turkey. The project will include 50 MW of concentrating solar thermal energy production and 22 MW of wind.

eSolar CEO, John Van Scoter, called the GE deal “transformational for the whole energy industry.” Under ideal conditions, the hybrid plant can get over 70 percents efficiency. MetCap expects to start construction later this year and complete the project in 2015. The project will cost 400 million euros, Metin said. 

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Vestas Wind Systems A/S, the world's largest wind-turbine maker, will compete with Enercon GmbH and Nordex SE for market share in Turkey as the government awards more wind-power licenses, said Mehmet Ali Neyzi of Vestas.
"Vestas is the biggest wind turbine supplier in Turkey with about 30 percent market share," Neyzi said in an interview. "Now that the government has paved the way for new licenses after a suspension period, competition has started to increase."

A new law guarantees the government will purchase wind power for 7.3 U.S. cents per kilowatt hour. This is attracting investment after three years of lull, Neyzi said. Purchase prices for wind power in Europe are about 9 euro cents (13.15 U.S. cents), he said.

Vestas is studying options to build blades and nacelle casings in Turkey, Neyzi said. "Turkey can be a good manufacturing location with its logistics advantages and quality workforce," he said

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IFC picks Turkey as regional headquarters, plans to invest USD 3 billion 
May 30, 2011
Haberturk

The International Finance Corporation (IFC) is to invest USD 3 billion in Turkey over the next three years, said Executive Vice President and CEO Lars Thunell. The World Bank Group organization uses its Istanbul office to cover 52 countries in Europe, the Middle East and North Africa (EMENA) regions.

Underlining Turkey’s importance in IFC’s operations, Thunell said that IFC is engaged in providing finance for SMEs through financial institutions in the country and is working to improve the energy sector. “We are aiming to increase our investments in Turkey due to the high competitiveness levels of the local industry. The total projected amount for the next 3-4 years is around USD 3 billion,” said IFC CEO, adding that improvement on a massive scale is expected as a result.

Ge Energy Sees Turkey as Key Country for Energy Sector

Vestas receives order for 72 MW in Turkey

May 11, 2011

With reference to Vestas Wind Systems A/S’ company announcement No. 20/2011 of 11 May 2011, Vestas has received through Aksu Temiz Enerji Elektrik Üretim Sanayi ve Ticaret Anonim Şirketi an order from Ayen Energy for delivery of 36 units of the 2 MW platform turbines for the Aksu wind power plant to be installed in the city of Kayseri, Turkey.

The order comprises supply, installation on-site and commissioning of the turbines, as well as a seven-year service agreement including the Active Output Management package ‘AOM 4000’. This type of contract offers customers assured performance avoiding unforeseen operational costs of any kind.

Delivery of the turbines is scheduled to start in Q2 2011 and the project is expected to be completed in Q4 2011. Fahrettin Amir Arman, Board Member states: “This 72 MW project, which will be the largest wind power plant we have installed so far, is an important step towards the diversification of our energy investments. We look forward to working together with Vestas, the global wind technology leader, on this project.”

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