Featured in A sustainable growth? – 07-2013

An interesting market

Turkey: With its booming economy and growing energy demand, Turkey is one of the most promising new PV markets, but financing and bureaucracy hurdles remain. Almost 9 GW of projects have applied for the first licensing round for large-scale installations, but commercial rooftop installations of up to 1 MW offer the best opportunities.

By

pv magazine

10 Jul 2013

“The growing energy demand of the country’s booming economy and the high electricity prices are the main drivers behind Turkey’s PV market,” stressed Matthias Kittler from consulting firm Apricum. Currently, one kilowatt-hour of electricity costs around US$0.14 (TRY 26) for the industrial sector and US$0.16 (TRY 32) for private households. Electricity prices have increased by …

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