Türkiye could install another 1,000 megawatts (MW) in wind energy capacity next year, an addition that could attract $1 billion (TL 18.57 billion) in fresh investments, an executive said Saturday.
Türkiye’s installed wind energy capacity will reach 12,000 MW heading toward the end of the year, a threshold that will be exceeded in the first quarter of 2023, Turkish Wind Energy Association (TÜREB) head Ibrahim Erden said.
“My guess is that close to 1,000 megawatts will be added in Türkiye by the end of next year. The investment equivalent of this is at the level of about $1 billion,” Erden said in a statement, also citing the energy crisis around the world marked by soaring prices.
Türkiye is still highly dependent on imports to cover its energy needs, which leaves it vulnerable to rising costs that skyrocketed following Russia’s invasion of Ukraine. To boost its renewable energy production, it launched large-scale projects and began solar and wind power station tenders.
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