Turkey takes the winding road to solar success

February 13, 2020

Posted in Energy Infrastructure, mining and commodities

While it could be one of the world’s leaders in solar power, Turkey has still not fully tapped its potential.

Turkey has an average daily solar hour of 7.2—almost two times of that of Germany. However, while Germany’s installed capacity is over 40 gigawatts, Turkey only has approximately 6 gigawatts  of installed capacity.

On the bright side, this untapped potential awaits domestic and foreign investors . . . read more.

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Turkey offers significant growth potential to international investors and developers, in addition to domestic businesses. Our understanding of the legal, economic and political landscape in Turkey is second to none and we understand that changes impacting your business can arise rapidly and vary significantly across the region.

Through Inside Turkey, we aim to keep you updated on domestic and international developments, as well as providing insights into how to navigate the current market across key industry sectors. Inside Turkey will also feature legal developments outside of Turkey that affect Turkish companies doing business abroad.

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