Turkey

Large scale PV projects selected in public tenders held by the Turkish authorities will be awarded a 10-year tariff of TRL0.32/kWh ($0.044). The tariff will be indexed to inflation and dollar-euro exchange rate.

The private-sector arm of the World Bank, which claims to leverage $3 of its own capital and $8 from third parties for every dollar invested in its blended finance funds, has attempted to quantify what devoting Covid recovery funds to green investment would mean for emerging economies.

In September 2020, Stantec Turkey launched a market assessment report for the Turkish solar PV panel manufacturing sector. The English version of the “Market Report for Turkey’s Photovoltaic Panel Manufacturing” followed in November. The report, based on collected data from local manufacturers, depicts the history of the market since its inception in 2011 and provides unique insights into its development and future potential.

According to official statistics from grid operator TEIAS, the country’s cumulative PV capacity reached 6.66 GW at the end of December.

The tender will be open to PV projects ranging in size from 10 to 20 MW. The Turkish government has set a ceiling price of TRY0.35 ($0.047)/kWh for the procurement exercise. The selected facilities will be located across 74 grid connection points and will have to rely on locally produced modules.

Scientists in Turkey have tested a transient thermal model to predict PV module temperature during a five-day interval in June. The model considers the heat capacity of a PV module, which is usually not provided by manufacturers in their product sheets, as a parameter for temperature prediction.

The Turkish PV module manufacturer said the capacity increase was necessary due to increasing demand from Turkey and abroad. The plan will be implemented by June 2021.

The latest edition of the World Nuclear Industry Status Report indicates the stagnation of the sector continues. Just 2.4 GW of net new nuclear generation capacity came online last year, compared to 98 GW of solar. The world’s operational nuclear power capacity had declined by 2.1%, to 362 GW, at the end of June.

Both the current status, and the future of, solar PPAs in the Turkish market as a key tool for increasing PV capacity has become a widely discussed topic. This is particularly due to the fact that after mid-2021, the future of YEKDEM (Turkey’s local FIT regime) is uncertain. The incentives could be lower than expected, or even unavailable for some technologies. This has raised the question of alternative financing mechanisms with respect to new investments.

The $1.4 billion cost includes a 1 GW solar field 260km away in Konya. The factory was developed solely by Kalyon Solar Technologies after development partner Hanwha Q-Cells walked away from the project.