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ARTICLE · 08 SEPTEMBER 2019

Turkey Extends Certain Periods Specified Under Renewable Energy Legislation

Moroglu Arseven
Moroglu Arseven
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Turkey has extended the periods set forth for the connection agreements in unlicensed electricity investments, renewable energy source areas, and the Renewable Energy Resources Support Mechanism ...

TurkeyEnergy and Natural Resources
E. Benan Arseven
E. Benan Arseven
C. Hazal Baydar, LL.M.
C. Hazal Baydar, LL.M.
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Turkey has extended the periods set forth for the connection agreements in unlicensed electricity investments, renewable energy source areas, and the Renewable Energy Resources Support Mechanism ("YEKDEM") with the Law Number 7186 Amending Income Tax Law and Certain Other Laws (the "Omnibus Bill").

According to the Omnibus Bill,

  • The period for connection agreements of the power plants with the installed power below 1 megawatt has been extended for 120 days.
  • The periods concerning the rights and obligations under the agreements below have been extended for 36 months as of 19 July 2019:
  • Agreements concerning renewable energy sources areas which are contracted as of 19 July 2019 according to the procedure specified under the Electricity Market Law ("Law"),

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