As many other countries, Turkey also intends to increase the
rate of renewable energy resources to 30 % in its power generation
until 2031. In accordance with this, adequate legislative
amendments and legal reforms in energy have been made since 2010
which provide diverse incentives to investors. Recently, the
Council of Ministers passed a resolution concerning investments and
domestic production in renewable energy.
Tariff incentives for renewable energy investments extended
until 2020
The tariff incentives for renewable energy manufacturing plants
have been extended until 2020 through a resolution of Council of
Ministers dated 05.12.2013. Accordingly, the feed-in tariff will
also be applicable for the manufacturing license owners which will
be put into operation between 2016 and 2020. As is known, the
investments in renewable energy has been supported in Turkey
regarding the energy resource types through the related legislation
since 2010. According to the recent
