Renewable Energy in Turkey has reached seven billion dollars if investment Last year, and increased production capacity by 5.800 megawatts.
The largest increase in Turkey’s history in the production capacity of renewable energy was accomplished last year 2020. The total recorded increase in electricity generation in Turkey last year was achieved by renewable energy; and the volume of investments in this field amounted to about $ 7 billion.
According to the strategic plan of the Ministry of Energy and Natural Resources, the volume of increase in production capacity during the current year is expected to reach about two thousand and 100 megawatts, with a value of $ 2.5 billion.
Turkey and Renewable Energy Production
Turkey is among the top five European countries with the highest production capacity.
By 2025, Turkey will increase its renewable energy capacity to 66.8 GW; to be among the top five European countries with the highest production capacity in clean energy, with an increase of 22.2 gigawatt.
Turkey’s production of renewable energy at the end of 2020 reached 44.6 gigawatts, 28.5 gigawatts of which were hydroelectric power, 7.58 gigawatts from wind energy, and 6 gigawatts from solar energy.
By the end of 2021, the production capacity of renewable energy in Turkey will reach 47.3 GW; And 1.1 gigawatts of production capacity will be added to hydropower.
In addition, 720 megawatts of wind energy and 680 megawatts of solar energy will be added, in addition to the activation of 100 megawatts of biomass energy and 70 megawatts of geothermal energy.
With the production capacity reaching 66.8 gigawatts by the end of 2025, Turkey ranks fifth in Europe in increasing its production capacity in renewable energy and is ranked twelfth in the world.
Cheap Energy
Turkey is one of the cheapest countries currently in wind energy, and given its prices and potential production capacity, we will witness remarkable growth in the sector.
Turkey has continued construction work on wind power plants despite the Covid-19 epidemic.
Investors are trying to complete the implementation of their projects before the date of December 31, which is the date set for the end of the mechanism for supporting areas of renewable energy sources, indicating that this date has been extended to June 31, 2021.
He explained that 270 to 900 megawatts will be added to wind energy production this year, and 1,000 megawatts next year.
The Renewable Energy Support Mechanism Program had ended, and that no clarifications had been provided regarding the new program, which had caused some ambiguity in the sector.
Policy change is the biggest difficulty facing projects all over the world, not only in Turkey…
Solar Energy
Wind power production capacity will increase by 146 percent (5.2 gigawatts) to 12.8 gigawatts, and hydropower capacity will increase by 17.5 percent (5 gigawatts) to 33.5 gigawatts.
The largest increase during that period will be the share of solar energy; by the end of 2025, the production capacity will reach 16.8 gigawatts, an increase of 10.8 gigawatts over the end of last year.
In conclusion, 2020 was a transitional year in the solar energy sector, and the project to support small spaces for renewable energy sources will be an important progress for Turkey in solar energy from different places through solar energy stations on the roofs.
There are large projects that will be completed and thus Turkey’s road will be open to the sun … The prices of tenders in solar energy in Turkey have become very competitive and cheap compared to Europe.
The renewable energy sector continued to grow even in the most difficult periods of the Covid-19 epidemic, and that it would continue its activity and growth during the second wave of the epidemic, and that investor desire in the sector was still great.