Conexio consulting

Turkish-based StartersHub plans to invest in startups

Turkey-based early stage technology investment fund StartersHub is preparing to invest in new companies. Having completed 2022 with 7 investments, including 3 successful projects (Paymes, PulpoAR and Tridi) and fund size of 18.1 million dollars, StartersHub plans to invest in 10 companies this year. Arda Aşkın, Managing Director of Startershub, made a statement and said, […]

Turkey’s solar energy power installed approaches to 10.000 MW

solar energy capacity Turkey

  As of the end of March, Turkey’s solar energy consists of power plants with a capacity of close to 10 thousand MW spread over 78 cities, while there are solar power plants with a capacity of over 100 MW in 35 provinces. As of the enAccording to the data of the Ministry of Energy […]

The foundation of Turkey’s first battery factory will be laid in Gemlik, Bursa

battery factory

According to the written statement made by the Ministry of Industry and Technology, the construction start ceremony of Siro Silk Road Clean Energy Storage Technologies Battery Development and Production Campus, which was established in partnership with Turkey’s global mobility brand Togg and Chinese energy company Farasis, to develop energy storage solutions. Turkey is taking important […]

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 […]

Denmark’s IKEA is coming to Turkey

A new brand is stepping into Turkey in the field of retail. JYSK, called Denmark’s IKEA, comes as a direct investment. It will open two stores in Turkey on May 4. Making growth plans in Turkey, the brand also started to look for personnel. The Danish-based retail chain sells furniture, home and sleep products. It […]

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 […]

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 […]