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In 2 months, Turkey will start mini solar tenders, the energy minister states

In the next two months, Turkey will initiate 74 mini solar energy bids for its Renewable Energy Resource Zones (YEKA), the Minister of Energy and Natural Resources revealed. In a teleconference at the very first Turkish Solar Energy Industry Association (GENSED) Solar Energy Summit, Fatih Dönmez stated that the tenders would include solar power stations with a cumulative capacity of 1,000 megawatts (MW) distributed throughout 36 various regions.

The tenders are relevant for inspiring more investment in the nation’s solar energy market, especially for small to the medium-sized enterprises in the energy industry, the minister reiterated. “The tenders will become an essential factor in influencing the investment culture as well as investor profile,” he noted. The YEKA tenders are part of the Turkey’s target of sourcing 65% of its energy requirements by the year 2023 from domestic as well as renewable sources.

In the year 2017, a successful bid price of $6.99 per megawatt-hour (MWh) was approved by Turkey’s 1,000 MW solar tender via the YEKA tenders of the Energy Ministry. At $3.49 for every MWh, an equal capacity wind bid, also offered in 2017, was accomplished. On May 30, 2020, the nation concluded its second YEKA wind bid. Dönmez stated that it had managed to raise its installed solar power from 40 MW in the year 2014 to the current 6,630 MW over the nation’s 10 years of solar energy production.

The share of overall capacity for renewable energy has now crossed 7 percent and 4 percent for electricity generation. “Our total capacity in the solar power doubled in 3 years. Around one hour of everyday energy usage comes from solar,” he added. Dönmez stated that Turkey, in aspects of installed solar power, ranks seventh in Europe as well as 13th in the world. He reiterated the nation’s dedication to the production of renewables and the continuity of its progress over the coming years.

The energy transformation in the world is a component of its economic growth policy; he clarified how to rebuild the global economic downturn and markets. “Renewable sources represented 98 percent of 4,900 MW of total capacity installed that came online in the year 2020. Our clean energy installed capacity hit 49,500 MW as well as the share of the cumulative installed capacity currently stands at 51.7 percent,” Dönmez stated.

Also speaking at the conference, Mustafa Yılmaz, Chair of the Energy Market Regulatory Authority (EPDK), stated that the nation’s solar power capacity had surpassed 6,500 MW since investments were launched almost 5 years earlier. In order to ensure energy freedom, Yılmaz labeled solar power among the most significant options. “We started the solar investments 5 years earlier. Throughout that time, the solar power capacity in our nation increased to more than 6,500 megawatts. I will say that Turkey has generated more capacity than most of the nations that began their investments in solar power a bit quicker,” Yılmaz added.

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