Conexio consulting

Sabancı Ventures Invests in Green Hydrogen

Sabanci Ventures Green Hydrogen

Sabancı Ventures, Sabancı Holding’s Corporate Venture Capital Fund, invested $800,000 in hydrogen equipment manufacturer SunGreenH2, which was established in 2020. The initiative aims to expand the mass production of green hydrogen on a global scale. Green hydrogen, which has zero carbon emissions, can be used in many different areas from mobility to industry and renewable […]

$70 million investment in solar plants in Turkey

investment solar plants Turkey

Solarex Istanbul Solar Energy and Technologies Fair, which opened its doors on April 6 at the Istanbul Expo Center (IFM), was flooded with domestic and foreign visitors. The fair, where state-of-the-art products are showcased in the international arena and which aims to sign agreements worth millions of dollars, ends today. In Turkey, which has an […]

1 billion lira investment in Turkey from the European giant Prinzhon Holding

Prinzhon Holding investment Turkey

Hamburger Containerboard, a subsidiary of Austrian Prinzhon Holding, one of the largest packaging companies in Europe, has decided to invest 300 million Euros in Kütahya. The signing ceremony for the location allocation of the paper mill, which is aimed to start operating in Kütahya 2nd Organized Industrial Zone (OIZ) in 2020 and to provide direct […]

EBRD investments in Turkey reached 1,63 billion Euros in 2022

More than half of the European Bank for Reconstruction and Development’s (EBRD) investments in Turkey last year consisted of projects supporting green transformation. Turkey became the country in which the European Bank for Reconstruction and Development (EBRD) invested the most on an annual basis with 1.63 billion euros in 2022. The EBRD has announced details […]

10 ‘economic steps’ in seven months in Turkey

economic steps turkey

Before the presidential and general elections, which are expected to be held in June 2023, the government aims to influence the electorate with its successive moves. Since May, 10 economic steps, described as the “election economy”, have been taken. Low interest loan for first time home buyers After the exorbitant increases in house prices, President […]

Turkey will increase wind power capacity up to 30 gigawatts in 2030s

Turkey's National Energy Plan

The Turkish National Energy Plan, which was prepared on the basis of the Ministry of Energy and Natural Resources’ target of achieving net zero emissions by 2053, and which includes the steps to be taken until 2035, has been published. According to the information compiled by the AA correspondent from the plan, 96.6 gigawatts of […]

Turkey’s First Wave Power Plant to be Established in Ordu

According to the protocol signed, a wave energy facility of up to 77 megawatts (MW) will be established in Ordu. Estimated $150 million power plant, Turkey’s first grid-connected wave power plant, and the world’s largest wave power plant While he was the Minister of Energy and Natural Resources, Ordu Metropolitan Municipality Mayor Dr. Mehmet Hilmi […]

Tourism professionals expect a record in the number of tourists and income in 2023

TÜRSAB Chairman of the Board of Directors Firuz Bağlıkaya said that in the 100th anniversary of the establishment of the Republic of Turkey, the highest number of tourists and the highest income in history will be reached. Baglikaya stated that TÜRSAB, which is celebrating its 50th anniversary this year, is in the position of Turkey’s […]

The CBRT has made open banking transactions available in Turkey via its website

Open Banking (Open Banking) is a system based on application programming interface (API) and aims to share financial information necessary for the development of financial products and services. Unlike traditional central management of financial data, it relies on a technological network of different financial institutions, enabling them to exchange information more efficiently. In other words, […]

New R&D center investment from Daikin in Turkey

Daikin announced that the necessary work for the new R&D center building, whose investment cost was determined as 3.5 million euros, has been completed and that the construction of the center will begin in April 2023. According to the Daikin statement, Daikin, which steers the air conditioning market, which is growing and diversifying day by […]