Turkey’s Ministry of Energy and Natural Resources has announced a new tender round for renewable energy projects, specifically in wind power, under its Renewable Energy Resource Area (YEKA) programme.
The tender includes five projects across three provinces, totalling a planned capacity of 1,200 megawatts (MW). Minister of Energy and Natural Resources Alparslan Bayraktar confirmed that the ministry aims to hold at least 2,000 MW of YEKA tenders annually, and is fast-tracking the commissioning of new renewable capacities.
According to the YEKA RES-2024 tender, applications will open on 21 January next year and will be available to joint stock and limited liability companies in Turkey, as well as foreign companies with capital company status. Details on the tender’s location and application process will be posted on the ministry’s website closer to the date.
The tender establishes a ceiling price of 5.50 US dollar cents per kilowatt-hour and a floor price of 3.50 US dollar cents per kilowatt-hour. Should the floor price be met, the contribution share will increase by 10,000 dollars per megawatt.
The initial 72-month Free Market Sales Period allows for energy generated from the projects to be sold freely, followed by a 20-year Electric Energy Purchase Period, during which electricity will be supplied to the national grid.
Minister Bayraktar highlighted Turkey’s long-term renewable goals: “We have announced a wind power tender for 1,200 megawatts, with an 800-megawatt solar tender coming next week. We aim to conduct YEKA tenders of at least 2,000 megawatts annually through to 2035, rapidly commissioning these capacities to achieve 120,000 megawatts of installed power in wind and solar by 2035.”
