Turkey enters the PV arena with €0.28 feed-in tariff


An announcement by Sharp Solar outlining the potential boom in the Turkish PV market has referred to the country’s government’s recent introduction of a €0.28 feed-in tariff for the first 10 years, with a rate of €0.22 thereafter for another 10-year period. Turkey receives an average of seven hours of sunshine per day, with a radiation intensity of 1,300 kilowatt-hours per square metre.

“There can be few countries in Europe that have as much growth potential as Turkey when it comes to the solar market,” says Peter Thiele, Executive Vice President Sharp Energy Solutions, Europe. 

Turkey’s potential for being a major player in the PV industry has as yet gone relatively unnoticed. The Turkish government’s introduction of the feed-in tariff will most likely place Turkey on the map from the perspective of renewable energy, and photovoltaics in particular. The country currently sources approximately 70% of its energy requirements from abroad.

“Turkey has long been one of Sharp’s European focus markets for photovoltaics,” commented Barbara Rudek, Manager Governmental Policy Affairs Sharp Energy Solution Europe. “Together with our partner FORM Solar we have been active in this market for a number of years and are keeping a close watch on developments. The 28 euro cent feed-in tariff for solar energy agreed for the first ten years, with 22 euro cent during the next ten years will, we believe, ensures a start of a healthy development of the market without the risk of overheating as was witnessed in Spain for example, but could be improved in order to generate more interest of investors.”

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Read Next

July 22, 2024
Renewable energy developer Acen Australia has submitted the scoping report for its 100MW solar-plus-storage project in New South Wales.
July 19, 2024
US solar manufacturer First Solar has started an investigation into several crystalline-silicon cell solar manufacturers for potential infringement of its patents.
July 19, 2024
Investment fund Quinbrook Infrastructure Partners and its subsidiary Primergy Solar have reached commercial operations at their 690MWac/966MWdc Gemini solar-plus-storage project in Nevada.
July 19, 2024
The Energy Storage for Resilient Homes Act would allow residents of the two states to use funding from the Federal Emergency Management Agency (FEMA) to purchase residential BESS.
July 19, 2024
SunPower said the decision was not made "lightly" and will consider options to support its mutual customers and collective business pipeline.
July 19, 2024
Sungrow has signed an agreement with Hero Group's renewables arm Hero Future Energies to supply 850MW of inverters.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
July 31, 2024
1:00 PM (BST) / 2:00PM (CEST)
Solar Media Events
September 24, 2024
Warsaw, Poland
Solar Media Events
September 24, 2024
Singapore, Asia
Solar Media Events
October 8, 2024
San Francisco Bay Area, USA