Turkey Solar Photovoltaic (PV) Market Analysis by Size, Installed Capacity, Power Generation, Regulations, Key Players and Forecast to 2035

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Turkey Solar Photovoltaic (PV) Market Report Overview

The cumulative installed capacity for the solar photovoltaic (PV) market in Turkey was 9.43GW in 2022. It is expected to achieve a CAGR of more than 14% during 2022-2035. The Turkey solar PV market research report highlights installed capacity and power generation trends from 2010 to 2035. The report discusses the key insights about the major active and upcoming solar PV plants in Turkey.

Turkey Solar PV Market Outlook, 2022-2035

Turkey Solar PV Market Outlook, 2022-2035

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The report offers comprehensive information and an understanding of the key deals with their volume and value analysis. This report also provides company snapshots of some of the major market participants. The Turkey solar PV market outlook report is built using data and information sourced from proprietary databases, secondary research, and in-house analysis by our team of industry experts to provide valuable Turkey solar PV market insights.

Cumulative Installed Capacity (2022) 9.43GW
CAGR (2022-2035) >14%
Historical Period 2010-2022
Forecast Period 2023-2035
Key Deal Types ·        Asset Transactions

·        Partnerships

·        Equity Offerings

·        Debt Offerings

·        Acquisition

Key Active Plants ·        Bor-1 Solar PV Park

·        Kivanc Solar PV Park

·        Kayseri-OSB Solar PV Park

·        Van Arisu Solar PV Park

·        Else-Aktarma GES Solar PV Park

Key Companies ·        Turcas Petrol AS

·        Galata Wind Enerji AS

·        Ekosolar Ltd Sti

·        Bmd Solar Merkez

·        Agaoglu Enerji Grubu

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Turkey Solar PV Market Segmentation by Deal Types

The key deal types in the Turkey solar photovoltaic market are asset transactions, partnerships, equity offerings, debt offerings, and acquisition among others. In 2022, asset transactions was the most preferred deal type in the Turkey solar PV market, followed by partnerships and equity offerings.

Turkey Solar PV Market Analysis by Deal Types, 2022 (%)

Turkey Solar PV Market Analysis by Deal Types, 2022 (%)

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Turkey Solar PV Market - Major Active Plants

The major active plants in the Turkey solar photovoltaic market are Bor-1 Solar PV Park, Kivanc Solar PV Park, Kayseri-OSB Solar PV Park, Van Arisu Solar PV Park, and Else-Aktarma GES Solar PV Park among others. Bor-1 Solar PV Park had the highest power generation capacity in the Turkey solar PV market in 2022.

Turkey Solar PV Market Analysis by Active Plants, 2023 (%)

Turkey Solar PV Market Analysis by Active Plants, 2023 (%)

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Turkey Solar PV Market – Competitive Landscape

The leading companies in the Turkey solar PV market are Turcas Petrol AS, Galata Wind Enerji AS, Ekosolar Ltd Sti, Bmd Solar Merkez, and Agaoglu Enerji Grubu.

Turcas Petrol AS: Turcas Petrol AS (Turcas), is an oil and gas company that distributes and markets lubricants and fuel products. The company operates in the fields of oil and energy, natural gas projects, renewable energy, power investments, fuel retail and lubricants distribution, and power generation and trading. It operates fuel stations, fuel oil terminals, and LPG filling and storage facilities. Turcas also develops solar, geothermal, and wind power projects, and invests in geothermal power plant site at Aydin under the name of Turcas Kuyucak Geothermal Power Generation.

Turkey Solar PV Market Analysis by Companies, 2023

Turkey Solar PV Market Analysis by Companies, 2023

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Segments Covered in The Report

Turkey Solar PV Market Deal Types Outlook (Cumulative Installed Capacity, MW, 2010-2035)

  • Asset Transactions
  • Partnerships
  • Equity Offerings
  • Debt Offerings
  • Acquisition

Scope

The report provides:

  • A brief introduction to global carbon emissions and global primary energy consumption.
  • An overview of the country’s renewable power market, highlighting installed capacity trends, generation trends, and installed capacity split by various renewable power sources.
  • Detailed overview of the country’s solar PV market with installed capacity and generation trends, and major active and upcoming solar PV projects.
  • Deal analysis of the country’s solar PV market.
  • Key policies and regulatory framework supporting the development of solar PV.
  • Snapshots of some of the major market participants in the country.

Reasons to Buy

  • Enhance your decision-making capability in a more rapid and time-sensitive manner.
  • Identify key growth and investment opportunities in the country’s solar PV market.
  • Facilitate decision-making based on strong historical and forecast data for the solar PV market.
  • Position yourself to gain the maximum advantage of the industry’s growth potential.
  • Develop strategies based on the latest regulatory events.
  • Identify key partners and business development avenues.
  • Understand and respond to your competitors’ business structure, strategy, and prospects.

Turcas Petrol AS
Galata Wind Enerji AS
Ekosolar Ltd Sti
Bmd Solar Merkez
Agaoglu Enerji Grubu

Table of Contents

List of Tables

List of Figures

1. Introduction

1.1 Carbon Dioxide Emissions, Global, 2001–2022

1.2 Primary Energy Consumption, Global, 2001–2022

1.3 Report Guidance

2. Renewable Power Market, Turkey

2.1 Renewable Power Market, Turkey, Installed Capacity, 2010-2035

– Renewable Power Market, Turkey, Cumulative Installed Capacity by Source, 2010-2035

– Renewable Power Market, Turkey, Cumulative Installed Capacity Share by Source, 2022 and 2035

– Renewable Power Market, Turkey, Net Capacity Additions by Source, 2023-2035

– Renewable Power Market, Turkey, Capacity Growth by Source, 2022-2035

2.2 Renewable Power Market, Turkey, Power Generation, 2010-2035

– Renewable Power Market, Turkey, Power Generation by Source, 2010-2035

– Renewable Power Market, Turkey, Growth in Power Generation by Source, 2022-2035

3. Solar PV Market, Turkey

3.1 Solar PV Market, Turkey, Installed Capacity, 2010-2035

3.2 Solar PV Market, Turkey, Power Generation, 2010-2035

3.3 Solar PV Market, Turkey, Market Size, 2010-2030

3.4 Solar PV Market, Turkey, Power Plants

– Solar PV Market, Turkey, Major Active Plants

– Solar PV Market, Turkey, Snapshot of Upcoming Plants

– Solar PV Market, Turkey, Key Under-construction Projects

3.5 Solar PV Market, Turkey, Deal Analysis, 2022

– Solar PV Market, Turkey, Deal Volume vs. Deal Value, 2010–2022

– Solar PV Market, Turkey, Split by Deal Type, 2022

3.6 Solar PV Module Market, Turkey, 2012-2026

– Solar PV Module Market, Turkey, Market size by Type, 2012-2026

4. Renewable Energy Policy Framework, Turkey

4.1 Renewable Energy Market, Overview

4.2 Policy Snapshot

4.3 Renewable Energy Target

4.4 Electricity Market Law

4.5 Omnibus Law

4.6 National Renewable Energy Action Plan (NREAP)

4.7 Act No. 5346 – Utilization of Renewable Energy Sources

4.8 The Presidential Decree Number 1044

4.9 Nationally Determined Condition (INDC)

4.10 COP24

4.11 Law on Geothermal Sources and Natural Mineral Water

4.12 Feed-in-Tariff

4.13 YEKDEM

4.14 Auctions

4.15 Income Tax Credit

4.16 Renewable Energy Zones (YEKA-Scheme)

4.17 Hydrogen Energy

4.18 Electricity Market Licensing Regulation

– Amendments to Electricity Market Licensing Regulation

4.19 Clean Technology Fund (CTF)

5. Solar PV Power Market, Turkey, Company Profiles

5.1 Turcas Petrol AS

– Turcas Petrol AS – Company Overview

– Turcas Petrol AS – Major Products and Services

– Turcas Petrol AS – Head Office

5.2 Galata Wind Enerji AS

– Galata Wind Enerji AS – Company Overview

– Galata Wind Enerji AS – Major Products and Services

– Galata Wind Enerji AS – Head Office

5.3 Ekosolar Ltd Sti

– Ekosolar Ltd Sti – Company Overview

– Ekosolar Ltd Sti – Major Products and Services

– Ekosolar Ltd Sti – Head Office

5.4 Bmd Solar Merkez

– Bmd Solar Merkez – Company Overview

– Bmd Solar Merkez – Major Products and Services

– Bmd Solar Merkez – Head Office

5.5 Agaoglu Enerji Grubu

– Agaoglu Enerji Grubu – Company Overview

– Agaoglu Enerji Grubu – Major Products and Services

– Agaoglu Enerji Grubu – Head Office

6. Appendix

6.1 Abbreviations

6.2 Market Definitions

– Power

– Renewable Power

– Installed Capacity

– Electricity Generation

– Electricity Consumption

6.3 Methodology

– Coverage

– Secondary Research

– Primary Research

– Modelling and Forecasting

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Table

Table 1: Carbon Dioxide Emissions from Energy Consumption, Global, 2001–2022

Table 2: Primary Energy Consumption, Global, 2001–2022

Table 3: Renewable Power Market, Turkey, Cumulative Installed Capacity by Source (GW), 2010-2035

Table 4: Renewable Power Market, Turkey, Cumulative Installed Capacity Share by Source (%), 2022 and 2035

Table 5: Renewable Power Market, Turkey, Net Capacity Additions by Source (GW), 2023-2035

Table 6: Renewable Power Market, Turkey, Capacity Growth by Source, 2022-2035

Table 7: Renewable Power Market, Turkey, Power Generation by Source (TWh), 2010-2035

Table 8: Renewable Power Market, Turkey, Growth in Power Generation by Source, 2022-2035

Table 9: Solar PV Market, Turkey, Installed Capacity (GW), 2010-2035

Table 10: Solar PV Market, Turkey, Power Generation (TWh), 2010-2035

Table 11: Solar PV Market, Turkey, Market Size ($M), 2010-2030

Table 12: Solar PV Market, Turkey, Major Active Plants

Table 13: Solar PV Market, Turkey, Snapshot of Upcoming Plants

Table 14: Solar PV Market, Turkey, Key Under-construction Projects

Table 15: Solar PV Market, Turkey, Deal Volume vs. Deal Value ($M), 2010–2022

Table 16: Solar PV Market, Turkey, Deals by Type, 2022

Table 17: Solar PV Module Market, Turkey, Crystalline Modules, Market Size ($M), 2012-2026

Table 18: Solar PV Module Market, Turkey, Thin-film Modules, Market Size ($M), 2012-2026

Table 19: Policy Snapshot, Turkey, 2022

Table 20: Renewable Energy Targets, Turkey, 2023

Table 21: Renewable Energy Feed-in Tariffs, Turkey, 2021

Table 22: Renewable Energy Auctions, Turkey, 2017-2022

Table 23: Turcas Petrol AS, Major Products and Services

Table 24: Galata Wind Enerji AS, Major Products and Services

Table 25: Ekosolar Ltd Sti, Major Products and Services

Table 26: Bmd Solar Merkez, Major Products and Services

Table 27: Agaoglu Enerji Grubu, Major Products and Services

Table 28: Abbreviations

Figures

Figure 1: Carbon Dioxide Emissions from Energy Consumption, Global, 2001–2022

Figure 2: Primary Energy Consumption, Global, 2001–2022

Figure 3: Renewable Power Market, Turkey, Cumulative Installed Capacity by Source (GW), 2010-2035

Figure 4: Renewable Power Market, Turkey, Cumulative Installed Capacity Share by Source (%), 2022 and 2035

Figure 5: Renewable Power Market, Turkey, Net Capacity Additions by Source (GW), 2023-2035

Figure 6: Renewable Power Market, Turkey, Capacity Growth by Source, 2022-2035

Figure 7: Renewable Power Market, Turkey, Power Generation by Source (TWh), 2010-2035

Figure 8: Renewable Power Market, Turkey, Growth in Power Generation by Source, 2022-2035

Figure 9: Solar PV Market, Turkey, Installed Capacity (GW), 2010-2035

Figure 10: Solar PV Market, Turkey, Power Generation (TWh), 2010-2035

Figure 11: Solar PV Market, Turkey, Market Size ($M), 2010-2030

Figure 12: Solar PV Market, Turkey, Snapshot of Upcoming Plants

Figure 13: Solar PV Market, Turkey, Deal Volume vs. Deal Value ($M), 2010–2022

Figure 14: Solar PV Market, Turkey, Split by Deal Type (%), 2022

Figure 15: Solar PV Module Market, Turkey, Crystalline Modules, Market Size ($M), 2012-2026

Figure 16: Solar PV Module Market, Turkey, Thin-film Modules, Market Size ($M), 2012-2026

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