Invest News DetailToday’s Zaman - Germany’s Siemens AG, one of the world’s biggest manufacturers of wind turbines, may establish a wind turbine rotor blade production facility in Turkey, provided that demand for wind energy in Turkish markets continues at its current rate, Siemens Turkey CEO Huseyin Gelis told Today’s Zaman in Canakkale on Monday. Gelis says the demand for wind energy is on the rise in Turkey. Asked whether they have plans to establish a wind turbine rotor blade production facility in Turkey, he said they can source the blades relatively cheaper from abroad, but would consider producing them in Turkey should the demand increase by as much as three times its current level. Turkey has huge potential for wind power, with estimates ranging from 50,000 to as high as 150,000 megawatts (MW) in electricity generation. Such potential for wind energy, together with new legislation on the horizon, offers great opportunities for foreign investors interested in expanding into the renewable energy markets of fast-growing economies such as Turkey. Turkey currently has 980 wind energy plants; 200 of them were deployed last year. Only about 2,000 MW were generated by wind farms in operation in Turkey by the end of last year. The government’s 2023 vision proposes to have 20,000 MW of established wind turbines in the country. The European Wind Energy Association has estimated that Turkey could meet 20 percent of its electricity demand from wind power with a target capacity of 20,000 MW, assuming an average 8 percent annual growth in power consumption. Observers argue this means it will not take very long for companies like Siemens to establish production facilities in Turkey.