Wind power

Türkiye, World Bank discuss $28 billion energy deal

Türkiye and the World Bank are in discussion to finance a $28 billion energy transmission infrastructure project, a cornerstone of Türkiye's renewable energy transformation plan.

The initiative aligns with Türkiye's 2035 renewable energy targets, aiming to expand the country's energy capacity and diversify its resources.

Wind energy equipment exports hit $2.2 billion in 2023

Export revenues of Turkish wind energy equipment manufacturers increased from $1.5 billion in 2020 to $2.2 billion in 2023, according to İbrahim Erden, the president of the Turkish Wind Energy Association (TÜREB).

Türkiye is on a path to becoming a reliable supplier to the European wind energy supply chain, Erden told daily Hürriyet.

A balanced transition

Greece has moved toward "clean" energy at a fast clip and its progress to achieving it should not be hampered. However, it seems that haste has resulted in decisions where the cost will outweigh the benefits.

A typical example of this is the plan to create offshore wind farms in areas of high tourism interest. What this will lead to is one activity undermining the other. 

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