
Renewable Power Capacity to Rise at 10% CAGR in Turkey by 2030
The Renewable Energy Law is supporting this growth to help Turkey in achieving its renewable power targets.
Rohit Ravetkar, the Power Analyst at GlobalData, said, “The Turkish Government has been actively encouraging the use of renewable power sources to reduce dependence on fossil fuels. Under its National Renewable Energy Action Plan (NREAP), the country is expanding its renewable power capacity led by wind power.”
Turkey is anticipated to reach its target by 2026. The country already reached the goal of a solar PV capacity of 5GW by 2023 in 2018 and now it is planning by 2027 to achieve a cumulative solar PV capacity of 15GW.
He continued, “The successful privatization of power distribution, along with the expected privatization of its power transmission sector, is likely to increase competition and expand growth opportunities in Turkey. The government also established a national energy exchange, which became operational in 2015.”
“It has fostered further liberalization of the power sector and ensured more transparency and efficient matching of supply and demand. Additionally, as Turkey bridges Europe and Asia, this provides an opportunity for the country to transform into a regional energy hub,” he added.
----------------------------
Any interest or question, you can contact us.
Our website: www.largenergy.com;
Our email: info@largenergy.com
© Copyright: 2025 Xiamen Large Energy Tech Co., Ltd All Rights Reserved.
IPv6 network supported
Friendly Links :
Solar PV Mounting Systems Manufacturer powerbluesun Solar mounting system solution company Pitched Roof Mounting System Roof Mounting System Top PV Solar Panel Factory ground mount solar systems Solar Inverter Manufacturer pandasolarpv tiantechsolar Solar Panel System Suppliers Solar Mount Structure Roof Mounting System Solar Tracker Slew Drive Amosolarpv Solar System Factory Cowellxm kingfeels esunlfp xmsrsolar stinenergypv everexceed upbest-power Solar mounting system Solar Tile Roof Mounting TOPFENCE full black solar panel Lifepo4 BatteryScan to WeChat