New Developments
The Ministry of Energy and Natural Resources
("Ministry") published an addendum
("Addendum") concerning general
specifications and the draft contract of solar-based renewable
energy resource areas ("RERA") and the
connection capacities project ("RERA
Solar-3") competitions announced in the Official
Gazette on 3 July 2020.
What Changes Does the Addendum Introduce?
The Ministry previously postponed the RERA Solar-3 competitions
to 8-12 March 2021 and increased the opening ceiling price, which
was initially 30 Turkish lira cents/kWh, to 35 Turkish lira
cents/kWh. The Addendum brings additional amendments, including
several changes to the price escalation mechanism.
