{"id":564205,"date":"2026-05-03T15:53:31","date_gmt":"2026-05-03T15:53:31","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/564205\/"},"modified":"2026-05-03T15:53:31","modified_gmt":"2026-05-03T15:53:31","slug":"turkiye-logs-300m-in-q1-wind-energy-investments-eyes-faster-growth","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/564205\/","title":{"rendered":"T\u00fcrkiye logs $300M in Q1 wind energy investments, eyes faster growth"},"content":{"rendered":"<p>T\u00fcrkiye recorded around $300 million in wind energy investments in the first quarter of 2026, with the pace of installations expected to accelerate through the rest of the year, a top industry official said on Friday.<\/p>\n<p>Wind power capacity expanded by more than 300 megawatts (MW) in the January-March period, corresponding to investments of roughly $300 million-$350 million, said Ibrahim Erden, head of the Turkish Wind Energy Association (T\u00dcREB).<\/p>\n<p>&#8220;Last year, investments exceeded $2 billion. This year, another $300 million-$350 million worth of investment was realized in the first quarter alone,&#8221; Erden told Anadolu Agency (AA).<\/p>\n<p>T\u00fcrkiye was the second-largest installer of new wind power capacity in Europe last year, adding more than 2 gigawatts (GW).<\/p>\n<p>Erden said the sector expects installations to surpass last year&#8217;s level in 2026, with annual additions projected to potentially reach 2.5 GW, implying total yearly investments of around $2.5 billion.<\/p>\n<p>Construction and installation activity typically accelerates in the summer months due to more favorable weather conditions.<\/p>\n<p>Renewable energy investments have become a central pillar of T\u00fcrkiye&#8217;s strategy to reduce its structural dependence on imported fossil fuels and lower its energy import bill, which amounted to about $62 billion last year.<\/p>\n<p>T\u00fcrkiye&#8217;s total installed electricity capacity reached 122.5 GW as of the end of 2025, with 62% of it consisting of renewable energy sources, SHURA Energy Transition Center said on Friday.<\/p>\n<p>Almost all of the 7 GW of new installed electricity capacity commissioned last year came from renewable energy sources, the center said. Installed capacity in solar and wind energy reached 40 GW.<\/p>\n<p>According to T\u00dcREB estimates, every 1,000 MW of new wind capacity helps avoid around $250 million in natural gas imports.<\/p>\n<p>&#8220;With the scale of investments we are making, we continue each year to reduce dependence on imported natural gas and coal,&#8221; Erden said.<\/p>\n<p>&#8220;Just with last year&#8217;s installations, we effectively prevented more than $500 million in natural gas imports.&#8221;<\/p>\n<p>The industry expects annual wind installations to rise to 4-5 GW by 2028-2029, according to Erden.<\/p>\n<p>&#8220;Our sector is ready to deliver 7 GW annually if the necessary financing framework and investment conditions are put in place, together with manufacturers, developers and international investors,&#8221; he said.<\/p>\n<p>Erden also highlighted the importance of Renewable Energy Resource Zone (YEKA) tenders, which are expected to remain a key mechanism for expanding wind investments.<\/p>\n<p>The YEKA scheme was introduced in 2016 to facilitate land allocation for investors, ease the deployment of large projects and encourage the domestic production of renewable energy technologies.<\/p>\n<p>The government later unveiled updates to the model to draw greater investor interest. Key enhancements included simplifying post-tender permitting procedures and introducing financial incentives like exemptions from transmission fees.<\/p>\n<p>                    <img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2025\/12\/JN9LXf.png\" alt=\"\"\/><\/p>\n<p>\n                    The Daily Sabah Newsletter\n                <\/p>\n<p>\n                    Keep up to date with what\u2019s happening in Turkey,<br \/>\n                    it\u2019s region and the world.\n                <\/p>\n<p>                    SIGN ME UP\n                <\/p>\n<p>\n                    You can unsubscribe at any time. By signing up you are agreeing to our Terms of Use and Privacy Policy.<br \/>\n                    This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.\n                <\/p>\n","protected":false},"excerpt":{"rendered":"T\u00fcrkiye recorded around $300 million in wind energy investments in the first quarter of 2026, with the pace&hellip;\n","protected":false},"author":2,"featured_media":564206,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[1344,1397,465,12636,90,9130,56,54,55,22686,12546],"class_list":["post-564205","post","type-post","status-publish","format-standard","has-post-thumbnail","category-environment","tag-energy","tag-environment","tag-investment","tag-renewable-energy","tag-science","tag-turkiye","tag-uk","tag-united-kingdom","tag-unitedkingdom","tag-wind-energy","tag-wind-power"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/564205","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=564205"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/564205\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/564206"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=564205"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=564205"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=564205"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}