PRE-RELEASE J TURKEY POWER 2015 "We have great wind potential in Turkey; 25% to 30% more than the European average" - Mustafa Serdar Ataseven, president, Turkish Wind Energy Association Atatürk Bulvarı No:89/2-3 2701 O Gaziantep, Turkey Phone: +90 1342) 230 03 25 15 Linesl Fax: +90 1342) 231 1 O 72 participate in the sector. This drove many, especially those from outside of the energy industry, to drive up the prices of project licenses, for reasons that to many members of the investment community were unclear. The industry is now left to wonder after ten years how many of these projects will have actually materialized." Foreign market participants in the tender included German Belectric, whose projects will have a proposed AP connection capacity of 32.4 mW, and American thin-film specialist First Solar, who will seek to produce 19 mW. Though those projects that enter into production prior to 2020 will receive a feedin tariff of $133/mW, with 3,000 mW of solar licenses that have yet to be tendered, in ali likelihood, this fi rst round of solar tenders will be the highest prices that the market will see. WIND Tracing its roots back to 2006, when the country established its first swath of wind turbines, wind energy production in Turkey has grown quickly from its recent beginE-mail: info@ciltug.com / ciltug@ciltug.com ÇİLTUG A.Ş. Web: www. ciltug. cam � � mııırif' _,, � � � �� CLPR ti 1 ""'* 111·1 1 �.......... G Global Business Reports 1 f , Windfarm. Zorlu Energy is cwTently constructing Turkey's largest wind farm in Osmaniye. Photo courtesy of Zorlu Energy. nings. Today, the Turkish Ministry of Energy and Natura! Resources estimates current installed generation capacity to stand at 3.6 gW, which, owing to Turkey's climate and position relative to the European market, could grow rapidly. Mustafa Serdar Ataseven, president of the Turkish Wind Energy Association, said: "We have great potential in Turkey; 25% to 30% more than the European average. in Europe, one wind park works at about 2,000 to 2,500 hours per year. in Turkey, our wind parks work more than 3,500 hours per year. in addition, the European market issaturated with wind projects. This has aided us. Our industry target is 20,000 mW by 2023. We have an 11,000 mW in project stock." For this the Government seeks to attract $22 billion in new investment by 2023, a large portion of which it could realize through the country's April wind tender. The second of two wind license tender processes that the Turkish Electricity Transmission Cooperation (TEİAŞ) will execute, April's tender represents a landmark event for the country. Murat Çolakoğlu, partner at PriceWaterhouseCoopers, said: "At the end of April, the Turkish government will embark on the selection process for what will be the country's largest volume renewable tender. This tender has proven to be very attractive. Over 600 companies have invested in the bid process, for which they were required to conduct basic engineering, including the construction of towers for the purpose of making measurements related to weather and wind-power. in part developed to preempt license-sellers, additional pre-requisites included letters of guarantee, letters of commitment, and the satisfaction of a pre-licensing process. Following the selection process, winning bidders will be required to proceed with project
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