Turkey is going to the polls on Sunday, and many wonder whether president Recep Tayyip Erdoğan’s gamble on a snap election could backfire. Unless there is a shock at the ballot box though, the nation’s energy sector trends are unlikely to be challenged.
Enerray talks to pv magazine about why it has set its sights on the MENAT region. In addition to the many challenges its nascent solar industry presents, there are a host of opportunities ripe for the picking.
European markets: Growth in solar installations returned to European shores in 2017, with some of the usual suspects posting big numbers, and several new players awakening to the possibilities of PV. Here, pv magazine provides an overview of the latest movements on the continent.
The company resumed production at its manufacturing facility in western Turkey. Additional equipment, aimed at making production vertically integrated, was recently acquired from two Greek manufacturers
The Turkish company, which has invested an initial $26.6 million in the manufacturing facility, hopes to raise its annual capacity to 1 GW
In the face of actual and threatened tariffs in the US and India, the world’s biggest solar manufacturers may have to set up shop in the protectionist nations in question ahead of a predicted cooling in their home market
Although the promised new provisions for net metering are not in force yet, the Turkish government has prepared the ground for future development by granting residential projects under the upcoming scheme an exemption from the 5% income tax on excess power delivered to the grid.
Goldbeck Solar shares the unfortunate details of a botched module supply deal with China Sunergy. To date, Goldbeck Solar claims it is yet to receive a single module.
In the most bullish scenario provided in a report published by Turkey’s Shura Energy Transition Center, solar is predicted to reach 30 GW of installed capacity by the halfway point of the next decade. The report’s most conservative scenario envisages around 6 GW.
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