Turkey Targets $5B Investment In Wind Energy By End-2017

25 Nov 2017   Turkey, Wind

Turkey aims to have $5 billion in wind energy investments by the end of this year, with the awarding of additional wind capacity tenders, the president of the Turkish Wind Energy Association, Mustafa Serdar Ataseven, said in an interview with Anadolu Agency published on Friday. Turkey will launch on December 25 a five-day-long tender for 2,130 MW, Ataseven told Anadolu Agency. Currently, Turkey has 11 GW of wind power stock on hand, Ataseven said, adding that the national target is to reach 20 GW of installed capacity by 2023. The Turkish government looks to raise the share of renewable sources in the country‚Äôs total installed power to 30 percent by 2023. By that time, Turkey aims to have total installed power capacity of 120 GW. The plan through 2023 also envisages installing 1 GW of geothermal and 5 GW of solar energy, but also increasing coal-fired installed capacity from […]

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