Turkey is home to an ideal climate for wind and solar energy investments, with an average of more than seven hours of sunshine a day and bordering the Aegean, Black and Mediterranean seas.
TIREC brings together Turkish Wind Energy Association’s Official Wind Turkey Congress, Solar Turkey, Carbon Markets & Climate Finance Turkey and Bioenergy Turkey
For the production of Bio-ethanol,an investment of approximately 125 million dollars was initiated by 3 facilities in Turkey, which are now waiting for parliament approval of the Renewable Energy Law in order to begin manufacturing.
According to reports from the World Bank on 28 May 2009, USD 600 million of financing has been approved for Turkey’s Private Sector Renewable Energy and Energy Efficiency Project.