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Wind takes lion's share in Turkey's new electricity investments

- Almost 97.5% of newly-added power generation capacity comes from renewables, data shows

home > Wind, Turkey 07.05.2021 12:12 Nuran Erkul

Wind takes lion's share in Turkey's new electricity investments

Wind power plants accounted for over half, or 51.5%, of Turkey's additional electricity capacity of 1,268 megawatts during the January-April period of this year, according to data compiled by Anadolu Agency on Friday.

Turkey's total installed electricity capacity exceeded 97,000 megawatts at the end of April 2021.

Out of the total capacity, renewables contributed almost 51,000 megawatts.

In the first four months of this year, electricity capacity grew by 1,268 megawatts, with wind alone accounting for 652.3 megawatts out of this capacity.

The biggest wind power additions came from the provinces of Canakkale, Bursa, Balikesir, Kirklareli in the Marmara region, and Izmir, Aydın and Mugla in the Aegean region, along with Van and Hatay in the east.

Hydropower ranked second in terms of newly added capacity with 363.8 megawatts, accounting for 28.7% of total installed capacity during the January-April period.

Newly installed solar power capacity stood at 161.7 megawatts, corresponding to 12.8%, with Konya, Van and Mersin reigning as the leading solar provinces.

Geothermal and biomass generated 59 megawatts while thermal power plant capacity contributed 30.8 megawatts in the first four months of the year.

As a result, renewable resources accounted for 97.5% of installed capacity during the same period.

Turkey added a record capacity of about 4,900 megawatts last year, the majority of which came from renewables.

The main driver behind this growth was the push from investors to complete their projects in time to benefit from the Renewable Energy Support Scheme (YEKDEM), which was due to expire on Dec. 31 last year because of its dollar-based trade.

The same trend is continuing as the scheme was extended to June 30 this year due to the COVID-19 pandemic, which caused supply chain disruptions especially in the first half of last year.

YEKDEM, which started in 2011, supports wind and hydropower plants at $0.073 per kilowatt-hour (kWh), geothermal facilities at $0.105 kWh, and solar and biomass plants at $0.133 kWh. These figures can vary slightly depending on the use of locally produced plant equipment.

A new scheme model was designed based on dollar-linked trade in Turkish liras.​​​​​​​

By Nuran Erkul Kaya

Anadolu Agency

energy@aa.com.tr


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- Measure will help Poland reach its renewable energy targets without unduly distorting competition, says European Commission
21.05.2021 Renewable , Wind , Europe

Geothermal and hydropower need more attention: IEA head

- 90% of the new additional capacity in the world comes from renewable energy resources last year, IEA Head Fatih Birol says
13.05.2021 Wind , Solar , Geothermal/Biomass , General

More than 50% of Turkey's installed capacity is from renewables: Energy Minister

- Renewable energy is only resource, shares of which continues to increase in energy mix even during pandemic, says minister Donmez
13.05.2021 Renewable , Wind , Solar , Turkey , General

Record renewable capacity gains in 2020 set to be 'new normal'

- Global renewable capacity expansion is expected to be around 270 gigawatts this year and 280 gigawatts in 2022, data shows
11.05.2021 Renewable , Wind , Solar

Wind energy sector could create 3.3 million new jobs over five years

- With 751 gigawatts of wind power capacity already installed, wind industry generated nearly 1.2 million jobs to date
09.05.2021 Wind

Wind energy sector could create 3.3 million new jobs over five years

- With 751 gigawatts of wind power capacity already installed, wind industry generated nearly 1.2 million jobs to date
08.05.2021 Wind , Renewable , General

Wind takes lion's share in Turkey's new electricity investments

- Almost 97.5% of newly-added power generation capacity comes from renewables, data shows
08.05.2021 Wind , Turkey

Global wind energy cost could fall by up to 49% by 2050

- Technology and commercial advancements are expected to continue to drive down cost of wind energy
27.04.2021 Finance , Wind , Renewable , World , General

Solar, wind can meet world energy demand 100 times over

- Renewables could power world by 2050 as prices collapse and replace all fossil fuels, a new report reveals
24.04.2021 Renewable , Wind , Solar , World

Cost of financing renewables shows significant fall

- In contrast to renewables, cost of financing coal power stations increases 56% over same 10-year period
20.04.2021 Wind , Solar , Invesments

Turkey ranks as 5th biggest wind investor in Europe

- Policies in Europe are missing to simplify rules and procedures for permits of new wind farms, says WindEurope's CEO
14.04.2021 Finance , Wind , Energy Diplomacy , General

Global oil demand to increase 6% in 2021: OPEC

- Crude output rises mainly in Iran, Angola, Libya and Iraq, but decreases in Saudi Arabia, OPEC says
14.04.2021 Finance , Wind , Renewable , Turkey , Europe

Europe invests record €42.8 bln in wind energy in 2020

- Investments of €26.3 billion in offshore wind set new record
14.04.2021 Finance , Wind , Renewable , General

Nordex Group wins turbine order for Istanbul wind farm

- Delivery of 39 turbines for second construction phase is scheduled for late summer 2021
10.04.2021 Finance , Wind , General

First wind farm construction starts in Uzbekistan

- UAE company Masdar will build new 1,500-megawatt wind power plant
02.04.2021 Wind , Middle East-Africa

Wind and solar drive record drop in coal in 2020

- China is only G20 country with large increase in coal-fired generation, a new report says
29.03.2021 Wind , Solar

Despite Covid-19 wind energy sector soars in 2020

- China sets new world record with 52 gigawatts in just one year
26.03.2021 Wind , Renewable , World

Hywind Scotland remains UK’s best offshore wind farm

- The wind farm achieved an average capacity factor of 54% in first two years of its operation
23.03.2021 Electricity , Wind , Europe , General

Africa utilizes only 0.01% of its wind power potential

-Total wind capacity in Africa & Middle East at over 7 gigawatts in 2020 avoids 10.7 million tonnes of CO2 emissions annually
11.03.2021 Wind , Middle East-Africa , General

Europe needs to build more wind farms for climate goals

- WindEurope expects Europe to build 105 GW of new wind farms over next 5 years, over 70% of which will be onshore
26.02.2021 Renewable , Wind , Geothermal/Biomass , Europe

Wind support scheme extension offers investor security

- Extension of wind support scheme will add 2 gigawatts this year on top of 1.2 gigawatts of installations last year
13.02.2021 Finance , Wind , Turkey , General

Europe installs 26% larger capacity wind farms in 2020

- In Europe, 5,402 offshore wind turbines connect to the grid, totaling 25,014 MW of installed power capacity
11.02.2021 Finance , Wind , Renewable , Europe

Denmark to build 2 offshore wind energy hubs

- First energy hub phase of artificial island in North Sea will provide clean power to 3 million households
06.02.2021 Wind , Europe , General

Global offshore wind capacity to grow 37% in 2021

- This year, China will contribute 63% of expected growth and lead new capacity additions
05.02.2021 Wind

S. Arabia to invest $2.5 billion in Uzbekistan's energy

- Uzbekistan aims to generate 40% of electricity from renewable sources, constructing 30 solar and wind power plants by 2031
25.01.2021 Thermal , Wind , Energy Projects , Asia , Middle East-Africa

Equinor chosen for largest-ever US offshore wind award

-With this award, Equinor and incoming strategic partner BP will provide 3.3 gigawatts of power to New York State
15.01.2021 Finance , Wind , Renewable , General

New Mexico to have largest wind installation in region

- New Mexico wind project will be capable of powering 590,000 homes
12.01.2021 Finance , Wind , Americas , General

Wind, water produce most of EU renewable power in 2019

- In 2019, renewable energy sources comprised 34% of gross electricity consumption in European Union
09.01.2021 Finance , Wind , Solar , Hydro , Europe

2020 sees big developments in Baltic Sea offshore wind

-Poland, Germany, Denmark, Sweden, Finland, Lithuania, Estonia and Latvia sign declaration to boost offshore wind energy
09.01.2021 Finance , Wind , Renewable , Europe

EC gives €5M funding for combined wind/hydrogen project

- Multinational consortium and recipient of funding plan to start combined wind turbine and electrolyzer project in 2021
09.01.2021 Finance , Wind , Renewable , General

Siemens Gamesa seals its first wind project in Ethiopia

- The 100-megawatt wind farm will help power over 400,000 Ethiopian households
08.01.2021 Finance , Wind , General

Turkey becomes key player in global wind energy

- Exports generate around 70% of revenue from 79 companies in Turkey's wind equipment production sector
31.12.2020 Wind , Turkey

Vestas secures 360-megawatt turbine agreement in Brazil

- Turbine delivery is expected in second half of 2022
23.12.2020 Wind , Americas , General

Vestas invests in CIP to enrich renewable value chain

- Vestas will invest in new "Energy Transition Fund" focusing on new technologies, managed by CIP as anchor investor
22.12.2020 Finance , Wind , Renewable , Europe , General

Vestas wins 125-megawatt order in US

- Turbine delivery is scheduled for third quarter of 2021
12.12.2020 Wind , Europe , Americas , General

Vestas secures 39-megawatt turbine agreement in Italy

- Turbine delivery is expected in second quarter of 2021
10.12.2020 Wind , Europe , General

Equinor joins Europe’s biggest green hydrogen project

- NortH2 aims to produce green hydrogen using renewable electricity from offshore wind off coast of Netherlands
09.12.2020 Wind , News from companies , World , Europe

Vestas secures 74-megawatt turbine agreement in Finland

- Deliveries for both projects are expected to begin in third quarter of 2021
08.12.2020 Wind , Europe , General

Turkey aims to hit 10,000 MW wind capacity: Minister

-Country reaches 8,330 MW installed wind power capacity as of October, energy minister says
26.11.2020 Wind , Turkey

RWE to sell stake in UK offshore wind farm to Greencoat

- Total cash consideration payable at completion of deal is 648 million pounds
24.11.2020 Renewable , Wind , Europe

Turkey ranks 5th in Europe in wind equip. production

- The country hosts 12 operational facilities producing wind turbine components such as towers, blades and castings
27.10.2020 Renewable , Wind , Turkey , Europe

Renewable energy jobs reach 11.5 million worldwide

- Solar energy creates 33% of total global jobs alone while China is top country with 4.4M in employment, a new report shows
30.09.2020 Renewable , Wind , Solar , Hydro

Siemens Energy makes debut on Frankfurt stock exchange

- Siemens intends to further reduce its equity stake in Siemens Energy significantly within 12 to 18 months
29.09.2020 Renewable , Wind , Stock Market , Europe

Equinor sells 50% US offshore wind to BP for $1.1 bln

- Companies also expect to establish strategic partnership for further growth in offshore wind in US through this transaction
11.09.2020 Wind , World , Europe

Total, Macquarie to build offshore wind in S. Korea

- Potential cumulative capacity of 2 GW of floating wind projects follows S. Korea's announcement of Green New Deal in July
02.09.2020 Wind , International Relations , Energy Projects , Asia

Solar, wind on path to replace global coal generation

- Countries are on same path building wind turbines and solar panels to replace electricity from coal, EMBER stated
26.08.2020 Finance , Coal , Wind , Solar , Renewable

Offshore wind sector to create nearly 1M jobs in 5 years

- Total of 17.3 direct jobs are created per megawatts of generation over 25-year lifetime of an offshore project, GWEC says
17.08.2020 Wind , Projects , Invesments , Americas

Wind, solar generate one-tenth of global electricity

- Wind and solar have captured a-five-percentage points of the market share from coal since 2015
13.08.2020 Coal , Wind , Solar , World

Offshore wind capacity increases record highs in 2019

- Offshore wind installations have grown from 3.4 GW in 2015 to 6.1 GW 2019, says Global Wind Energy Council
12.08.2020 Wind , Renewable , World

Denmark's Orsted reports strong EBITDA in 1H20

- Despite comprehensive health, social, and economic consequences of COVID-19, Orsted maintains stable operations and strong earnings during 2020
12.08.2020 Finance , Wind , General

Vestas secures 54 MW turbine agreement in Philippines

- Agreement is Vestas’ first full scope multi-brand service deal in country
05.08.2020 Wind , Europe , Asia , General

Vestas secures 40 MW wind order in Japan

- Deliveries are expected to begin in second quarter of 2021
27.07.2020 Wind , Europe , General
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