How much does a Turkish Solar System cost?

The Turkish authorities have set a 10-year feed-in tariff (FIT) of TRY 1.06 ($0.0545)/kWh for PV systems that are installed between July 1, 2021, and December 31, 2030. Solar projects with Turkish PV components will be given an additional five-year tariff of TRY 0.2880/kWh.

Does Turkey have a solar market?

Turkey has previously supported large-scale solar projects via a YEKA PV tender scheme and an incentive program for unlicensed PV plants under 1 MW. However, the Turkish PV market is currently being driven by self-consumption and net-metered rooftop PV.

How much solar power does Türkiye have in 2023?

In 2023, Türkiye’s total installed solar capacity exceeded 12 GW, surpassing wind for the first time. This figure includes both the 2 GW of new solar power plants commissioned in 2023 (bringing the total installed solar capacity to 11.7 GW) and those installed as a secondary source at hybrid power plants.

Will Turkish solar projects get a new tariff?

Solar projects with Turkish PV components will be given an additional five-year tariff of TRY 0.2880/kWh. The Turkish government has issued new feed-in tariffs (FITs) for solar PV and other types of renewable energy.

Will there be a size limit for solar projects in Turkey?

The government has not yet disclosed whether there will be a size limit for PV installations eligible for the incentive scheme. Turkey has previously supported large-scale solar projects via a YEKA PV tender scheme and an incentive program for unlicensed PV plants under 1 MW.

Does Turkey have a solar tariff?

In addition, solar projects that use PV components produced in Turkey will receive an extra 5-year tariff of TRY0.2880 ($0.015)/kWh. The government also set a 10-year FIT of TRY 1.25 for wind and solar projects that include battery storage, with an added bonus of TRY 0.3845/kWh for domestic content, lasting for 10 years.