Germany-based renewable energy consultancy Solarpraxis AG has published a new guide to investing in photovoltaic power projects in Turkey.
Turkey is widely regarded as an important emerging solar market, as it seeks to modernize its grid to support its manufacturing sector and struggles with the economic costs of fossil fuel imports. Ozan Karaduman, a senior associate at Istanbul-based law firm Mehmet Gun & Partners, says Turkish government is under pressure to increase its investment in the national grid as well as the capacity allocated for solar power.
Solarpraxis' publication outlines the legal and political frameworks for PV in Turkey and also provides information on licensing and approval procedures, site security, and project financing. In addition, author Suzan Karakivrak, general manager of Turkey-based Edel Consulting, offers practical advice for business development in the country.
The investment guide, in English, is available here.