Minister of Energy and Natural Resources Fatih Dönmez, in his speech on the 2022 budget, announced that the share of domestic and renewable energy sources in electricity generation has increased significantly. Fatih Dönmez said that 74.2 percent of the 24,718 MW installed power that has been commissioned since 2017, and almost all of the power
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June 18, 2019
RESULTS OF THE YEKA 2 WIND TENDERS
Enerjisa won the 250 MW Çanakkale Region YEKA Wind Energy Plant-2 tender with the lowest bid, 3.67 cents per kWh. Enerjisa also won the 250 MW Aydın region of YEKA -2 tender. Wind power plant capacity allocation auctions opened by Turkey Electricity Transmission Co. (TEIAS), and was held under the chairmanship of the commission of
June 18, 2019
ROOF TOP SOLAR PLANTS ‘LEASING’
With the recent amendments made in solar energy, business owners will be able to install solar power plants on their roofs by paying leasing installments for the first 5 years as electricity bills, and then they will be able to produce electricity free of charge. QNB Finans Leasing and Solarçatı Installation Services Inc. signed a
CONEXIO CONSULTING ATTENDS BASQUE TRADE INTERGUNE DAYS IN BILBAO
Between the dates 06-07 May, Conexio is attending as a representative of Turkey to the ‘Internationalization Meeting’ organized by Basque Trade & Investment Office which is a governmental institute of Basque Country to promote the Basque companies to the international markets. During the days people coming from around 40 countries are gathering in Bilbao to
August 8, 2018
BEST INVESMENT AREAS IN TURKEY IN 2018
Let’s have a close look to the best investment areas in Turkey according to the 2018 investment conditions. Right now the most interesting investment sectors are in Turkey are construction, clothing, food and tourism. Construction sector is growing every year 1,5-2% above the Turkish GDP growth. The size of the investment have no much importance
January 24, 2018
INDUSTRIAL ZONES IN TURKEY
Transportation, marketing, operations, closeness to the raw materials and consumption locations have played an important role in the allocation of industrial enterprises in Turkey. For example, in the establishment and development of industrial facilities in Istanbul and Izmir: land and sea transportation networks, access to raw materials and easy and low cost transportation of the
January 16, 2018
BURSA: INDUSTRIAL KEY ROLE IN TURKEY’S ECONOMY
Bursa, one of the few cities in the world that has succeeded in combining natural beauties with industry and technology, has become the locomotive city of industry in our country. Bursa in on the SilkWay and the entrance gate of the Anadolu peninsula to the west and the entrance to Anatolia from the West, due
November 16, 2017
17 INTERESTING FACTS ABOUT TURKEY
It has one of the world’s oldest and biggest malls. The Grand Bazaar in Istanbul is a very large marketplace where you can buy almost anything you can think of. There are 64 streets in the Grand Bazaar, over 4,000 shops, and 25,000 people that make their living by working there. One of the Mediterranean’s
October 3, 2017
TURKEY’S 2017 ECONOMY IMPROVEMENT
According to the datas from Turkish Statistics Institute, regarding the GDP as a chained volume index, it has increased 5,1% in the second quarter of 2017 comparing to the previous year’s second quarter. The increase was slightly below expectations of economists, at 5.3 percent. When looking into the datas in detail, we can see the
October 27, 2016
5 TOURIST ATTRACTIONS IN TURKEY TO INVEST !
World’s 6th popular tourism country Turkey, hosts every year over 30 million tourists. Surrounded by sea, and offering historical, natural, cultural richness, Turkey is a very attractive tourism center for people all around the world. Turkey is also rich for its tourism infrastructure. In 2015 the number of tourists was 39,4 millions and obtained 31,4
May 22, 2016
Economical Relations with the Influence Countries- Bulgaria
Turkey is a country carrying a big potential with itself and its influence countries. That leads Turkey to build and maintain strong commercial relations with its neighbours. The most important are the EU and particulary with its neibourghs like Bulgaria, due to the potential that Bulgaria offers. Turkey is the 16th foreign investor in Bulgaria