The Turkish Ministry of Energy and Natural Resources has completed tenders for six Renewable Energy Resource Areas (YEKA) dedicated to solar power plants. It received 146 applications from 67 local and foreign companies.
The tenders awarded a total capacity of 800 MW across six provinces: Konya, Karaman, Malatya, Van, Antalya, and Kütahya.
Energy Minister Alparslan Bayraktar highlighted the significant interest in the tenders, noting: “We will invest approximately $500m and generate 1.5bn KWh of electricity annually – enough to meet the needs of 600,000 households.
“These projects will prevent the import of 300 million cubic meters of natural gas per year, saving $3bn over the 20-year purchase period.”
Companies winning the tenders can sell electricity on the free market for the first five years and then supply it to the transmission system at a guaranteed price of 3.25 cents per KWh for the next 20 years.
Bayraktar emphasized the confidence the tenders reflect in Türkiye’s renewable energy sector, with average tender prices significantly lower than current market rates.
He said: “All these processes show how great Türkiye’s renewable energy potential is and the confidence in our economy.”
The minister also announced plans for the 2025 YEKA tenders, which will offer at least 2,000 MW of capacity by the end of the year.
Future investments will prioritise locally manufactured equipment, with a minimum local content requirement of 75% for solar panels and modules, contributing to domestic industry and green employment growth.
The winning companies include Kalyon YEKA, Temmuz Güneş Enerji, and Özerka Energy, among others.
