Both the current status, and the future of, solar PPAs in the Turkish market as a key tool for increasing PV capacity has become a widely discussed topic. This is particularly due to the fact that after mid-2021, the future of YEKDEM (Turkey’s local FIT regime) is uncertain. The incentives could be lower than expected, or even unavailable for some technologies. This has raised the question of alternative financing mechanisms with respect to new investments.
The $1.4 billion cost includes a 1 GW solar field 260km away in Konya. The factory was developed solely by Kalyon Solar Technologies after development partner Hanwha Q-Cells walked away from the project.
Researchers have announced a new technique that is a modified version of the isotropic diffuse model.
The new 1 GW Yeka tender in Turkey is more than welcome, says KRC Consulting’s Hakki Karacaoglan and Life Enerji’s Ramazan Aslan. Regulations to enable “green electricity” tariffs, also announced this month, add further momentum to the country’s solar sector – allowing Turkish consumers choose renewable energy for their power supply.
Cell supply shortages could kick-start manufacturing activity in India, EV car sales are braced for a fall while still gaining market share and a new date has been set for the world’s biggest solar trade show.
Looking at the various solar power plant mechanisms brought by regulatory changes in 2020, the Turkish PV market is aiming to adopt some exciting new financial and business models.
Portugal set a new coal-free record because of the pandemic as Belgium and Israel moved to help the renewables industry. But there was grim news in Mexico and Turkey, and Bangladeshi clean energy firms have appealed for more assistance.
The unfolding effects of the Covid-19 crisis, and fears of a possible second wave, have split analysts trying to guess how the unsubsidized renewables market will emerge as slumping demand continued to distort power markets. pv magazine rounds up the week’s coronavirus developments.