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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July 2, 2020
THE LATEST NEWS ABOUT COVID19 IN SPAIN
The Spanish Ministry of Health has announced that 10 people have died in the past week of the new type of coronavirus (COVID-19) outbreak. Continuing to revise historical data in COVID-19, sharing only weekly and daily case figures, the Ministry has increased the total number of deaths it gave as 28 thousand 325 yesterday to
July 2, 2020
TURKEY IS OPENING THE BORDERS AFTER COVID-19 CRISIS
THY, which stopped its flights from March 28, gradually restarted its domestic and international flights at the end of May. From June 1, the travel ban has been lifted in the country, and bus and plane services have started. On the other hand, flights to abroad to Amsterdam, Dusseldorf, Frankfurt, Berlin, Stuttgart, Munich and London
July 2, 2020
RENEWABLE ENERGY DEVELOPMENTS IN TURKEY, JUNE 2020
The increase in electricity production from renewable sources worldwide surpassed in 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
June 19, 2020
ECONOMIC IMPACT OF CORONAVIRUS IN TURKISH ECONOMY
According to data from the Turkish Statistical Institute, Turkey’s gross domestic product (GDP) grew 4.5 percent in the first quarter of the year. The value of the first quarter GDP was 176 billion 146 million at current prices in US dollars. Consumer spending by credit card can be tracked weekly, decreased by 36.6 percent compared
June 19, 2020
THE MOST AFFECTED SECTORS DURING CORONAVIRUS CRISIS WORLDWIDE
Negatively affected sectors AVIATION Airline companies were the sector that the Corona virus damaged the most economically. According to the International Air Transport Association IATA, the aviation industry could suffer up to $ 113 billion in 2020. This figure means that the airline transportation has decreased by 19 percent. It was stated that the least
June 19, 2020
TURKEY’S GREAT SUCCESS IN GAMING SECTOR
The total volume of the gaming industry in the world has reached $ 135 billion as of last year. Turkey has the largest market with a market size of $ 850 million, 18th World position. According to Commerce Department data, Turkey’s gaming software exports increased by 50 percent in 2017 compared to last year reached
June 4, 2020
STEPS TAKEN BY TURKEY TOWARDS NORMALISATION AFTER COVID-19 CRISIS
President Recep Tayyip Erdoğan made a statement after the meeting of the Presidential Cabinet, which was held for the last time with the video conference method in the Huber Mansion. Erdogan stated that they will continue to support the citizens and the business world in the coming period. ” Turkey’s outbreak prevention and damage in
May 29, 2020
NEW OPPORTUNITIES ARISE FOR TURKISH FIRMS AFTER CORONA CRISIS
With the new type of coronavirus (Covid-19) epidemic, global trade is being discussed again through concepts such as supply chain, strategic products, security, trust, joint action, logistics, the experts note that Turkey will be in an advantageous position according to many factors like its geographical location, logistics networks, disruptions in the supply chain, emergency response
May 28, 2020
THE CHANGES IN THE OIL PRICES AND THE RISING DEMAND TO SOLAR ENERGY
On April 20, it was the first time in the world oil market and the barrel price of crude oil fell to $ -37.63 in May contracts. It may be interesting to many of us that the value of a commodity falls below zero. But in this process, the cost of storage and transportation of
May 28, 2020
CORONABONDS: EUROPEAN UNION ECONOMIC SOLUTION TO COVID-19 EFFECTS
The advance of coronavirus has led to an economic cataclysm in Europe and several governments have already called for common stimulus measures, such as the issuance of coronabonos, a debt instrument, among others, the implementation of which must be negotiated this afternoon by the heads of state and government of the European Union. These bonds
May 28, 2020
THE NORMALISATION IN THE TURKISH ECONOMY WILL BE FAST
Turkey Chambers and Stock Exchanges Union (TOBB) President Rifat Hisarcıklıoğlu, noting that it is began to be spoken the normalization in economy thanks to the measures and support implemented “We are ready to reboot and spin the wheels of Economics movement. “ he said. TOBB Economy Meeting, which was held with the participation of 365
May 21, 2020
TURKEY RANKED 7TH COUNTRY IN EUROPE IN TERMS OF FOREIGN INVESTMENT IN CLEAN ENERGY FIELDS
FDi Magazine, published by the Financial Times and providing up-to-date information to investors by monitoring foreign investments on a global scale, announced the results of the “Renewable Energy Investment Regions in Europe in 2020” survey. Accordingly, leading countries in the field of clean energy were evaluated in two categories: the number of foreign investment projects
May 21, 2020
PREPARING FOR THE “NEW” NORMALITY IN SPAIN – PHASE 1
All the autonomous communities have requested the Government on Wednesday 6 May – it was the deadline – to advance phase 1 from next Monday 11 May. They have done well for the whole territory or by establishing conditions or exceptions depending on the criterion of the relevant regional executive. It is now up to