Featured in Turkish market at a crossroads – 03-2019

The land of the Crescent Sun

Despite its abundant solar resources, Turkey’s potential for solar energy development remains largely untapped. Although the market grew considerably between 2017 and 2018, the outlook for the next two years, due to the macroeconomic situation and the current regulatory framework, appears rather gloomy. If regulations will not be changed, and tenders for large-scale solar remain unimproved, unsubsidized PV and self-consumption may remain the best options available to seek more growth.

By

Emiliano Bellini

12 Mar 2019

Image: Icarus Energy

Looking at a solar radiation map of Eurasia, at a first glance Turkey can be identified as a rather intense reddish-purple spot across the region. From this it is clear that its hues are almost of the same kind of those of another country located at the same latitude – Spain – which currently hosts …

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