Conexio consulting

THE IMPORTANCE OF YEKA ENERGY PROJECTS

The features and critical elements allocated for renewable energy projects are the special areas designated by law. The difference between the YEKA (Renewable Energy Resource Areas) concept and other licensed or unlicensed investments of the market is that it has installed power in high scale / volume connected to domestic equipment production conditions.

Energy Minister Albayrak said, “I think that the YEKA model of wind and solar energy we have completed the procurement process is an important example especially in the energy field. This model, added value toTurkey in both meeting the energy demand and competitive pricing and the localization of the technology. In this process, not only in Turkey’s own borders, but also can respond well to regional demands, which may increase the export capacity in the region and Turkey will become one of the most important countries.  Albayrak said that the obligations like 10 year R&D study and local engineering from Turkey are the very important points of localization of the technology.

In March 2017, there was a giant solar tender of YEKA and at the tender for the Karapınar Renewable Energy Resource Area (YEKA), where the largest solar energy power plant in Turkey will be established, the Kalyon-Hanwha Group consortium submitted the lowest offer of 6.99 cents per kilowatt-hour (kWh). Delivering a speech after the conclusion of the tender, Energy and Natural Resources Minister Berat Albayrak described the Karapınar solar power plant as “a mega project in energy”, highlighting the $1.3-billion investment. Within the scope of the Karapınar solar power project, a plant with a production capacity of a minimum of 500 megawatts of photovoltaic modules per year will be built in Turkey and a capacity of 1,000 megawatts will be allocated to the Karapınar YEKA on the condition that research and development (R&D) activities will be carried out for the next 10 years.

Siemens-Türkerler-Kalyon consortium won the tender of Turkey’s first wind energy YEKA in August 2017. The consortium has started to invest over $ 1 billion in wind facilities. R & D activities will be carried out with 50 technical personnel consisting on 80% domestic engineers, while budget of $5 million will be allocated every year for R&D work. With the ongoing into operation, the plants will generate at least 3 billion kilowatt hours of electricity each year and approximately 1.1 million homes will be covered by the annual electricity offer.

Turkey Wind Energy Association (TÜREB) President Mustafa Serdar Ataseven remarked that “only with the contests and the YEKA tender made this year, button pressed for 5 billion $ valued wind projects. The wind investments will be reflected as cheap electricity to the citizen’s pocket”.

CEO of the Siemens Gamesa Renewable Energy Turkey, Hakan Yildirim, said about YEKA projects that “Turkey, especially with the last five-six years’ performance, has become one of the largest wind energy market in the world. With the YEKA project we have now entered a second phase. Turkey, in this new process, with R & D, manufacturing wind turbines and supply industry can become one of the most developed industrial countries in this technology. Each MW entered into operation will be the saving of Turkey’s own resources”.

Conexio Consulting can support you to develop your investment projects in Turkey.

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