Daily Sabah logo

Politics
Diplomacy Legislation War On Terror EU Affairs Elections News Analysis
TÜRKİYE
Istanbul Education Investigations Minorities Expat Corner Diaspora
World
Mid-East Europe Americas Asia Pacific Africa Syrian Crisis Islamophobia
Business
Automotive Economy Energy Finance Tourism Tech Defense Transportation News Analysis
Lifestyle
Health Environment Travel Food Fashion Science Religion History Feature Expat Corner
Arts
Cinema Music Events Portrait Reviews Performing Arts
Sports
Football Basketball Motorsports Tennis
Opinion
Columns Op-Ed Reader's Corner Editorial
PHOTO GALLERY
JOBS ABOUT US RSS PRIVACY CONTACT US
© Turkuvaz Haberleşme ve Yayıncılık 2025

Daily Sabah - Latest & Breaking News from Turkey | Istanbul

  • Politics
    • Diplomacy
    • Legislation
    • War On Terror
    • EU Affairs
    • Elections
    • News Analysis
  • TÜRKİYE
    • Istanbul
    • Education
    • Investigations
    • Minorities
    • Expat Corner
    • Diaspora
  • World
    • Mid-East
    • Europe
    • Americas
    • Asia Pacific
    • Africa
    • Syrian Crisis
    • Islamophobia
  • Business
    • Automotive
    • Economy
    • Energy
    • Finance
    • Tourism
    • Tech
    • Defense
    • Transportation
    • News Analysis
  • Lifestyle
    • Health
    • Environment
    • Travel
    • Food
    • Fashion
    • Science
    • Religion
    • History
    • Feature
    • Expat Corner
  • Arts
    • Cinema
    • Music
    • Events
    • Portrait
    • Reviews
    • Performing Arts
  • Sports
    • Football
    • Basketball
    • Motorsports
    • Tennis
  • Gallery
  • Opinion
    • Columns
    • Op-Ed
    • Reader's Corner
    • Editorial
  • TV

Wind energy set to receive investment worth $1.2B

by Barış Şimşek

ISTANBUL May 01, 2017 - 12:00 am GMT+3
by Barış Şimşek May 01, 2017 12:00 am
The Renewable Energy Resource Areas (YEKA) model, initiated by the Ministry of Energy and Natural Resources in wind power following solar energy, will bring an investment of approximately $1.2 billion to Turkey. With the 1000-megawatt (MW) power plant planned to be commissioned in 2023, the electricity need of 1.2 million households will be covered from wind power. Mustafa Serdar Ataseven, chairman of the Turkish Wind Energy Association (TÜREB), said companies from the U.S., China, Germany, Denmark and many other European countries are already interested in the tender and that bids will be submitted from July 22 to July 27, stressing that the first YEKA project will provide employment to thousands of people.

The process has been accelerated for the wind by YEKA, which was launched by Energy and Natural Resources Minister Berat Albayrak in order to end Turkey's external dependency in energy and ultimately place it in the category of exporting countries. Noting that they expect the tender to be held at the end of August, TÜREB Chairman Ataseven said the first wind YEKA will provide electricity to approximately 1.2 million households. Ataseven stated that approximately 350 to 400 turbines will be placed in the areas to be selected by the company to win the tender, adding that they expect an investment of $1.2 billion in Turkey with the project.

Seven regions determined for power plantsExplaining that the winner of the tender will operate in seven regions to generate wind power with a total capacity between 1,000-1,700 MW, Ataseven said 700 MWs of the said capacity can be established in the Edirne-Kırklareli-Tekirdağ region, followed by 200 MWs in the Ankara-Çankırı-Kırıkkale region, 200 MWs in Kayseri-Niğde, 200 MWs in Sivas, 150 MWs in Malatya, 150 MWs in the Bilecik-Kütahya-Eskişehir region and 100 MWs in the Burdur-Denizli-Uşak region. Noting that a 1,700-MW capacity was foreseen by investors, Ataseven said, "The allocation of 700 MW to the Edirne region was considered in terms of supply security. Energy is generated in Turkey's east and transferred to the west. Feeding Thrace requires a transition from both Çanakkale and the Bosporus. Rather, we thought ‘Let's produce in Thrace and consume there.'"
  • shortlink copied
  • KEYWORDS
    business
    The Daily Sabah Newsletter
    Keep up to date with what’s happening in Turkey, it’s region and the world.
    You can unsubscribe at any time. By signing up you are agreeing to our Terms of Use and Privacy Policy. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
    No Image
    In photos: Americans celebrate Biden's win outside White House
    PHOTOGALLERY
    • POLITICS
    • Diplomacy
    • Legislation
    • War On Terror
    • EU Affairs
    • News Analysis
    • TÜRKİYE
    • Istanbul
    • Education
    • Investigations
    • Minorities
    • Diaspora
    • World
    • Mid-East
    • Europe
    • Americas
    • Asia Pacific
    • Africa
    • Syrian Crisis
    • İslamophobia
    • Business
    • Automotive
    • Economy
    • Energy
    • Finance
    • Tourism
    • Tech
    • Defense
    • Transportation
    • News Analysis
    • Lifestyle
    • Health
    • Environment
    • Travel
    • Food
    • Fashion
    • Science
    • Religion
    • History
    • Feature
    • Expat Corner
    • Arts
    • Cinema
    • Music
    • Events
    • Portrait
    • Performing Arts
    • Reviews
    • Sports
    • Football
    • Basketball
    • Motorsports
    • Tennis
    • Opinion
    • Columns
    • Op-Ed
    • Reader's Corner
    • Editorial
    • Photo gallery
    • DS TV
    • Jobs
    • privacy
    • about us
    • contact us
    • RSS
    © Turkuvaz Haberleşme ve Yayıncılık 2021