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How much does a Turkish energy storage photovoltaic project cost

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FAQs 6

How much is a kWh of solar energy in Turkey?

The Turkish government has set a ceiling price of TRY0.40/kWh ($0.045) for the fifth procurement exercise of the Yeka program. Turkey had an installed PV capacity of 7 GW at the end of May. Turkey's Ministry of Energy has launched another 1.5 GW solar tender under the national Yeka (Yenilenebilir Enerji Kaynak Alanları) renewable energy program.

Does Türkiye have storage-integrated solar power?

In the area of storage-integrated solar power, Türkiye is making significant progress. As of 2024, 412 solar power plants with storage, representing a combined installed capacity of over 14 GW, have received pre-licenses. This figure far exceeds the 2.1 GW storage capacity target set in the NEP for 2030.

How much does a large scale PV project cost in Turkey?

Through the procurement exercise, which is the fifth of the Yeka series, the Turkish authorities want to select 76 large scale PV projects with capacities ranging from 10 to 30 MW across three 23 cities. The ministry has set a ceiling price of TRY0. 40/kWh ($0.045). Applications will be received on January 12.

Does Turkey have a Solar Energy Breakthrough?

Turkey’s solar energy breakthrough The facilitation of self-consumption-focused power plant installations in Türkiye has accelerated annual new installations, pushing solar energy capacity beyond the current 2025 target. Türkiye’s solar energy capacity doubled from 9.7 GW in July 2022 to exceed 19 GW by the end of 2024.

Do you need a license for solar energy in Turkey?

Turkish regulations stipulate that renewable energy investments of less than 5 MW do not require a license from the Energy Regulatory Authority (EMRA). Roof-top solar energy producers can sell their excess electricity to the grid at a maximum limit of 5 MW if they are production plant owners, and 10 kW if they are homeowners.

Are storage-integrated power plants possible in Türkiye?

While no grid-scale storage-integrated power plants are operational in Türkiye yet, the country has a robust pipeline of approximately 33 GW of storage-integrated wind and solar projects with pre-licensing periods extending until 2030. This strong investor interest highlights the potential of storage-integrated power plants.

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