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2023/5/11 9:30:54

Turkey launches 10-year FIT for solar and other renewable energy sources

The Turkish government has issued a new feed-in tariff (FIT) for solar photovoltaic and other types of renewable energy. The Turkish authorities have set a 10-year FIT of TRY 1.06/kWh for PV systems installed between July 1, 2021 and December 31, 2030. In addition, PV modules produced in Turkey using solar projects will receive an additional 5-year tariff of TRY 0.2880 ($0.015)/kWh. The government has also set a 10-year FIT of TRY 1.25 for wind and solar projects, including battery storage, with an additional incentive of TRY 0.3845/kWh for 10 years.

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