Offering innovative connectivity solutions for travelers, Pocket Wifi Turkey is going on its first investment round. PWT, which enables travelers to quickly access the internet abroad at an affordable price, is preparing to serve in 140 countries. PWT Technology, which made its first investment round with Fonangels, is now seeking investment with a company
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technology
September 11, 2023
August 28, 2023
Turkish Retail Giant Boyner takes further steps for a sustainable world
Boyner Büyük Mağazacılık A.Ş. It is one of the leading groups in the non-food retail sector in Turkey and is taking green steps for the very popular Altinyildiz Classic brand in Turkey. Altınyıldız Classics established the “So Long Live the World” platform, covering all its processes from the field to its factories and stores,
August 14, 2023
Investment Incentives in Turkey
Investment Incentive systems in Turkey reduce regional development differences, increase foreign direct investments, support advanced technology investments, make investment planning on the basis of economies of scale, Increase the production of intermediate goods and products with high import dependency in order to reduce the current account deficit, It has many purposes such as supporting
July 7, 2023
World Economic Forum Investment call for Turkey
The Annual Meeting of the New Champions, traditionally organized by the World Economic Forum every year and known to the public as the Davos Summit, took place in Tianjin, China, on the 27th to 29th of June. Cevdet Alemdar, President of Sabancı Holding Industry Group, made a call to business leaders to invest in Turkey at
June 26, 2023
Turkey’s first open field Agricultural SPP application starts to generate electricity
Turkey’s first open field agriculture-integrated solar power plant (Agriculture SES) with a capacity of approximately 100 kilowatts, which was installed on 1.6 acres in Ankara, will start electricity production in July. In agricultural SPP applications, it is aimed to increase the productivity in agriculture and reduce the energy costs of the farmers by ensuring that
June 21, 2023
Offshore Wind Power Plants Turkey
Özlem Kıldır, General Manager of Profinstance Consulting,talked about the financial and commercial investment in offshore wind power plants in Turkey, in particular, in the “TR22 Region Offshore Wind Power Plant and Port Pre-Feasibility Report” conducted with academics and the Southern Marmara Development Agency. According to the 2023 Global Wind Energy Report prepared by the
June 13, 2023
Less ‘Footprint’ with next-generation fabrics
After the pandemic, the interest in hygiene products has increased a lot. In this period when sustainability is on the agenda like never before, Turkish wet wipes manufacturer Sapro announced that it has reduced its carbon footprint in production by 14 percent with its new generation fabric. In recent years, especially during Covid-19 pandemic, the
May 26, 2023
Turkey’s installed solar power exceeds 10 thousand megawatts
While Turkey’s solar energy capacity exceeds 10 thousand megawatts, solar power plants in 35 provinces with a capacity of over 100 megawatts provide energy to 78 cities. According to the data of the Turkish Electricity Corporation (TEİAŞ), Turkey’s installed electricity capacity reached 104 thousand 600 megawatts and solar energy installed power reached 10 thousand
May 22, 2023
Turkish-based StartersHub plans to invest in startups
Turkey-based early stage technology investment fund StartersHub is preparing to invest in new companies. Having completed 2022 with 7 investments, including 3 successful projects (Paymes, PulpoAR and Tridi) and fund size of 18.1 million dollars, StartersHub plans to invest in 10 companies this year. Arda Aşkın, Managing Director of Startershub, made a statement and said,
May 14, 2023
Turkey’s solar energy power installed approaches to 10.000 MW
As of the end of March, Turkey’s solar energy consists of power plants with a capacity of close to 10 thousand MW spread over 78 cities, while there are solar power plants with a capacity of over 100 MW in 35 provinces. As of the enAccording to the data of the Ministry of Energy
April 23, 2023
Sabancı Ventures Invests in Green Hydrogen
Sabancı Ventures, Sabancı Holding’s Corporate Venture Capital Fund, invested $800,000 in hydrogen equipment manufacturer SunGreenH2, which was established in 2020. The initiative aims to expand the mass production of green hydrogen on a global scale. Green hydrogen, which has zero carbon emissions, can be used in many different areas from mobility to industry and
April 14, 2023
$70 million investment in solar plants in Turkey
Solarex Istanbul Solar Energy and Technologies Fair, which opened its doors on April 6 at the Istanbul Expo Center (IFM), was flooded with domestic and foreign visitors. The fair, where state-of-the-art products are showcased in the international arena and which aims to sign agreements worth millions of dollars, ends today. In Turkey, which has
April 4, 2023
1 billion lira investment in Turkey from the European giant Prinzhon Holding
Hamburger Containerboard, a subsidiary of Austrian Prinzhon Holding, one of the largest packaging companies in Europe, has decided to invest 300 million Euros in Kütahya. The signing ceremony for the location allocation of the paper mill, which is aimed to start operating in Kütahya 2nd Organized Industrial Zone (OIZ) in 2020 and to provide direct
January 30, 2023
EBRD investments in Turkey reached 1,63 billion Euros in 2022
More than half of the European Bank for Reconstruction and Development’s (EBRD) investments in Turkey last year consisted of projects supporting green transformation. Turkey became the country in which the European Bank for Reconstruction and Development (EBRD) invested the most on an annual basis with 1.63 billion euros in 2022. The EBRD has announced details