Featured in Testing the waters – 07-2011

Space for mega-projects

Turkey: A new subsidy law for solar power went into effect in Turkey at the beginning of the year. At about ten euro cents, the tariff is significantly smaller than some expected. However, several solar industry players believe that the production of solar energy in Turkey will pay off – with or without attractive subventions.

Turkey has long had a feed-in tariff for solar electricity. However, up until now it wasn’t very interesting. In 2005, government officials passed law no. 5346, in which they agreed to a uniform rate of 5.5 euro cents per kilowatt-hour for all renewable energies. Since then, the country’s rumor mill hasn’t stopped churning. The word …

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