Turkey to Offer USD20B Renewable Energy Licenses

Turkey will offer some USD20 billion worth of renewable energy licenses over four years. Photo by: Jeremy Levine / CC BY Jeremy LevineCC BY

Turkey will distribute some USD20 billion worth of tenders for renewable energy licenses over four years, the country’s energy minister said.

Energy Minister Taner Yildiz spoke about the renewable energy licenses with European Investment Bank President Philippe Maystadt at the sidelines of an informal meeting between European Union energy ministers held Sept. 6-7 in Brussels, Today’s Zaman reports, citing a ministry news release.

Yildiz invited EIB to contribute to the licenses and thanked the institution for supporting projects in the country, the newspaper adds.

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    Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.