Turbines supply agreement signed for 260 MW Onshore wind Farm in Turkey
Enercon has signed an agreement with Kalyon Enerji to supply and install 64 units of its E-138 EP3 wind turbines for the 260 MW Yeka Res-3 wind projects in Turkey. The wind farms will be located across Elazığ, Bilecik, Bayburt, Ankara, and Trabzon regions.
All of the main components of the wind turbines, except the nacelles, will be produced in Turkey. Kalyon Enerji will develop and operate the wind farms according to the tender specifications. The project is expected to help Kalyon Enerji achieve its goal of generating at least 5 GW of solar and wind projects by 2026.
With the Enercon-Kalyon Enerji partnership, the Turkish government aims to increase renewable energy's share in its energy mix, meeting its target of generating 65% of its electricity from renewable sources by 2025.
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January 30, 2019
US$4.4 billion financial close for Trans-Adriatic Pipeline
The Trans Adriatic Pipeline (TAP) successfully completed financial close in December 2018, securing EUR3.9 billion (US$4.44 billion) - the largest project finance agreed for a European infrastructure project in 2018.
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September 12, 2018
EBRD to finance 327 MW renewable projects in Turkey
The European Bank for Reconstruction and Development (EBRD) has announced that it is providing a financing package of up to US$102 million to the renewable energy arm of the Turkish conglomerate Akfen Holding. The funds will be invested in building four new wind farms and nine solar PV plants with a combined capacity of 327 MW.
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June 21, 2018
Turkey launches tender for largest offshore wind farm in the world
The Ministry of Energy and Natural Resources of the Government of Turkey is seeking developers for a 1,200 MW offshore wind farm, intended to be the largest in the world.
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May 11, 2018
Energy reguator approves Turkey's first LNG production and storage project
LNG Gaz Uretim Depolama ve Satis AS has received approval to develop onshore LNG production and storage facilities in the midwestern and northern Anatolian regions of Turkey. This is the first project of its kind to be approved in the country.
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January 03, 2018
EBRD to provide US$100 million for privatisation of Turkish hydropower plants
The European Bank for Reconstruction and Development (EBRD) has announced that it is providing a senior loan of up to US$100 million to a special purpose vehicle, fully owned by Entek Elektrik Uretimi A.S., for the acquisition of the operating rights for two hydropower plants: Menzelet (124 MW capacity) and Kılavuzlu (54 MW). The rights will be acquired from the Privatization Administration of Turkey.
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