Skip navigation links
Press Releases
News from Turkey
Publications
Upcoming Tenders
Links
Videos
Newsletter Subscription
This page is print preview page.
Click here to return to the page.
Print page
News
 
Turkish parliament approves renewable energy law 
30.12.2010

Dunya - The long-awaited law governing the generation of energy from renewable resources has passed through the Turkish Grand National Assembly (TBMM). The Renewable Energy Law aims to encourage energy production from renewables by providing incentives for the generation of energy from sources such as wind, solar power, biomass, hydropower and geothermals.
The legislative framework adjusts the prices for the sale of electricity to the state according to their generation method. According to the law, renewable energy plants will be subject to prices of between ¢7.3 and ¢13.3 per kW/h. A hydroelectric power plant will be able to sell electricity at a cost of ¢7.3, the same as the amount for a wind farm, while geothermal energy suppliers can sell at a higher price of ¢10.5. Companies that use biomass and solar power are subsidized the most at a rate of ¢13.3 per kW/h.

The law also features additional support for companies with facilities that use locally produced equipment/components.
17.05.2017 President Erdoğan addresses key US investors at ISPAT’s executive meeting in Washington D.C.
08.05.2017 Kale Group & Rolls Royce partner to produce engines for Turkey’s first national fighter jet: TF-X
27.04.2017 Saudi, Egyptian Al Aboud Holding acquires Burdur solar plant in Turkey
26.04.2017 France’s Sephora acquires Turkey’s Tekin Acar Cosmetics
25.04.2017 M&A investments by foreigners triple in 2016
24.04.2017 Turkey’s economy rebounds in Q4 2016
17.04.2017 Turkey votes “yes” for constitutional referendum; dawn of a “new era”
03.03.2017 P&G commissions USD 80 million production plant in Gebze
03.03.2017 Turkey on way to export energy within a decade
12.01.2017 Amendments Ease Access to Turkish Citizenship for Foreign Investors
<<
1 2 3 4 5 6 7 8 9 10
>>