Turkey Introduces More Comprehensive Incentive Framework For Using Domestically Manufactured Equipment in Renewable Energy Generation

Turkey has introduced a more comprehensive and detailed regulatory regime for incentives available when using domestically manufactured equipment in renewable energy generation. The new regime outlines increased details about the terms, applicable amount, documentation, and supervision of additional participation prices for using domestically manufactured equipment in electricity production facilities based on renewable resources.

The Regulation on Supporting Domestically Manufactured Equipment Used in the Production Facilities Based on Renewable Energy Resources ("Regulation") was published in Official Gazette number 29752 on 24 June 2016. The Regulation was issued in accordance with the Law on Utilization of Renewable Energy Resources for the Purpose of Generating Electrical Energy numbered 5346.