The Energy Market Regulatory Authority (EMRA) has completed regulations for the Renewable Energy Resource Guarantee Certificate (YEK-G Certificate), which provides transparent and reliable verification of the energy used by consumers who want to supply electricity from renewable energy sources. According to the draft YEK-G Certificate regulation, also known as the green certificate in public, an
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turkey | Conexio Energy
July 2, 2020
RENEWABLE ENERGY DEVELOPMENTS IN TURKEY IN JUNE
The increase in electricity production from renewable sources worldwide surpassed all sources. Electricity production from renewable sources increased by 340 terawatts last year to 2 thousand 805 terawatts last year. Last year, the highest growth in renewable energy production was 24.3 percent in solar energy. Last year, 724.1 terawatt hours of electricity was produced from
April 16, 2020
TURKEY-UKRAINE ENERGY SECTOR PARTNERSHIP
Şevki Acuner, Chairman of the Board of Directors of Ukrenergo, the Ukrainian state energy transmission company, stated that Turkish companies would be successful if they enter the energy market in Ukraine, and said ” Turkish companies can take a huge share from the tenders to be made by Ukrenergo, which will realize $ 3 billion
November 27, 2018
TURKSTREAM IS READY TO FLOW
The “Ceremony of Completion of the Sea Section of the TurkStream ” was held with the speeches of Turkish President Recep Tayyip Erdoğan and Russian President Vladimir Putin at the Istanbul Convention Center. Erdogan pointed out that the construction of the plant in the coastal area of the pipeline is continuing and he said TurkStream
November 27, 2018
Turkey’s High Performance in ‘Ease of Doing Business Index’
International Investors Association (YASED) President Ahmet Erdem stated, “Turkey’s’ World Bank Ease of Doing Business Index of the previous year by 17 places to rise, an indication of the very significant improvements that come with these criteria in our country and successfully is a result of reforms implemented”. The World Bank has published the “Ease
November 27, 2018
HIGHLIGHTS ON UNEMPLOYMENT, INFLATION AND INVESTMENTS IN TURKISH ECONOMY
Treasury and Finance Minister Berat Albayrak announced the New Economy Program at the Presidency Dolmabahçe Labor Office, which will cover the years 2019-2021. According to Albayrak, “the current account deficit will drop to 2.6 percent. employment is another of our key areas. The unemployment rate will be reduced to 10.8 percent by 2020. 2021 In
November 27, 2018
TURKEY’S NEW ECONOMY PROGRAM FOR 2019-2021
New Economy Program which will form the road map of Turkey’s economy till 2021 was announced. Treasury and Finance Minister Albayrak announced that 2019 growth forecast is 2.3 percent, and the inflation target is 15.9 percent. Unemployment is expected to be 10.8 percent at the end of 2021. Medium Term Program is prepared under the
November 27, 2018
‘DOMESTIC PRODUCTION’ LOGO IS ON DUTY !
The Ministry of Commerce has taken the first step to distinguish the domestic goods with a new “made in Turkey” label. By the regulation on the amendment of the price tag regulation, new shapes, logos and/or the sign determined by the ministry for the products produced in Turkey will be possible to use. According to
November 27, 2018
THE GROWTH OF THE CIVIL AVIATION IN TURKEY
Turkish civil aviation has reached a new record with five aviation enterprises located within the top 10 exporters of services. According to a report released by Turkey Exporters Assembly (TIM), aviation businesses rose to first place in the export services list. According to TİM’s 2017 figures, THY ranked first, and Pegasus, SunExpress, TAV Airports, and
November 27, 2018
TURKISH COMPANIES’ SUCCESS IN RUSSIA
Russia is one of the countries where the Turks have invested the most excluding the European countries where there are vast Turkish origin population, like Germany and France. Among these investors, there are well known enterprises such as Koç, ENKA, Anadolu and Şişecam, as well as Turkish investors born and raised in Russia. Turkish companies