Tag: Turkey

Turcas Petrol plans to enter the Iranian market – Turkey, 6 May 2016

CEO of Turkish Turcas Petrol Batu Aksoy said that the company is planning to enter the Iranian market through the investments in oil, natural gas or renewable energy, following the lifting of the western-imposed economic sanctions to the country. Aksoy stressed that in times when the growth at all other world markets is stalling, new […]

Turkish largest solar power plant commissioned – Turkey, 5 May 2016

The local company Tekno Ray Solar with its Italian partner Enerray has put into operation the largest solar power plant in Turkey in Konya province, with the total installed capacity of 22.5 MW. According to the company, the solar power plant, which has initial power output of 18.5 MW, will produce enough electricity to cover […]

Turkey to introduce incentives and environmental exemptions for coal-fired plants – Turkey, 4 May 2016

The Turkish Government is planning to reintroduce a number of incentives and environmental exemptions for coal-fired thermal power plants, which were previously suspended by the Constitutional Court’s decision over environmental concerns. According to sources, the draft law envisages that all privatized coal-fired TPPs will be exempt from environmental regulations until 2020 and will also benefit […]