2/18/2009

Turkey to invest more in geothermal energy

TurkishPress.com – Hilmi Guler, the Turkish Minister of Energy and Natural Sources, stated that Turkey will invest more in geothermal energy as part of a planned USD 120 billion investment program by 2020. "Around USD 120 billion will be invested by 2020 in the Turkish energy sector and geothermal energy will have a substantial share of that", Hilmi Guler told news reporters before the opening of an international geothermal energy workshop in Istanbul. Guler said the government introduced new legislation on renewable energy resources, calling on private investors to take advantage of the country's geothermal potential, which he said is the greatest of Europe.

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