With a 1GW solar project in the early stages of procurement, and a further 1GW wind project recently announced, Turkey is taking a step-change towards achieving its upcoming renewable energy targets.
For international and local renewables players alike, these new projects offer an opportunity and challenge on a scale never previously seen in this important emerging market.
Turkey has long been a country with too much potential for international renewables companies to ignore, but the question still to be answered is whether the returns there match the risks? It’s never a simple analysis with Turkey’s unique situation and style, and the effect upon it of constantly whirling geopolitics.
