September 25, 2025

Turkey solar energy: Impressive 2024 Investment Boom

Turkey is rapidly advancing its solar energy sector, supported by strategic government initiatives and significant foreign investment. The General Directorate of Energy Affairs (EIGM) has announced a major tender for 1,000 MW of solar photovoltaic (PV) capacity, to be allocated across 23 regions with capacities ranging from 1 MW to 90 MW. This ambitious project is part of a broader push to expand Turkey’s renewable energy capabilities.

The tender process begins on October 21, 2024, with prequalification applications due by March 10, 2024. Interested parties can purchase the tender specifications for approximately $1,380. Successful bidders will enter into power purchase agreements with the Turkish Electricity Transmission Company (TEฤฐAลž), as reported by pv magazine.

Growth of Turkey solar energy Capacity

Turkey’s solar capacity has seen remarkable growth, with installed capacity reaching 11.4 GW in 2022, according to the International Renewable Energy Agency (IRENA). This represents a significant increase from 7.8 GW in 2020 and 3.4 GW in 2018. The majority of this capacity is from grid-connected solar PV systems, which account for 11.3 GW, while off-grid systems contribute 0.1 GW.

Government Initiatives and Targets for Turkey solar energy

In line with its target of achieving net-zero emissions by 2053, Turkey is focusing on increasing domestic renewable energy production. The government aims to reduce energy imports, enhance supply security, and promote sustainable development through the expansion of solar energy.

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Investment and Solar Potential in Turkey solar energy

Turkey’s renewable energy potential is substantial, with an annual solar energy capacity of 2,737 hours and a daily average solar radiation of 4.2 kWh per square meter. This has attracted significant foreign investment, with China leading the way by investing $8.8 billion in Turkey’s solar sector. Other major investors include Spain and the United Arab Emirates, with investments of $2.5 billion and $2.3 billion, respectively. Germany, the United States, and the Netherlands have also made significant contributions, with investments of $1.5 billion, $1.2 billion, and $1 billion, respectively.

Strategic Location and Manufacturing of Turkey solar energy

Turkey’s strategic location between Europe and Asia makes it an attractive hub for solar panel production. The country’s strong manufacturing base and skilled workforce further support this role. According to a report by the International Solar Energy Society (ISES), Turkey is emerging as a global leader in solar panel manufacturing, with its production capacity expected to reach 5 GW annually by 2030. For companies considering establishing a solar manufacturing base, insights into regional labor markets, such as those available for Algeria on pvknowhow.com, can be invaluable for strategic planning.

Government Incentives for Turkey solar energy

The Turkish government is providing incentives to support the growth of the solar energy sector. These include tax exemptions, grants, and loans for solar energy projects. Additionally, the government has implemented a feed-in tariff for solar energy producers, offering a fixed price for electricity over a 10-year period. This policy is designed to encourage long-term investment in solar energy.

Employment Opportunities in Turkey solar energy

The solar energy sector is also creating significant employment opportunities in Turkey. According to the International Renewable Energy Agency (IRENA), the sector employed over 100,000 people in 2022, with this number expected to increase as the industry continues to expand. The development of solar energy projects is generating jobs in manufacturing, installation, and maintenance, contributing to economic growth and regional development.

Turkey’s solar energy sector is on a promising trajectory, driven by strategic government policies, increasing foreign investment, and a strong commitment to sustainability. As the country continues to expand its solar capacity, it is poised to play a significant role in the global transition to renewable energy. The ongoing development of solar projects and the favorable investment climate are expected to further strengthen Turkey’s position as a major player in the solar energy market.

Disclaimer: The information published here is aggregated from publicly available sources. PVknowhow.com does not guarantee the accuracy, completeness, or timeliness of the content. If you identify any incorrect or misleading information, please contact us so we can review and, if necessary, correct it.


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