Sanko Holding’s energy sector subsidiary, Sanko Enerji, says it will transform its existing power plants to hybrid plants with 100 MW (megawatt) solar power stations, according to Hakan Yildirim, CEO of Sanko Enerji. The company is also preparing to increase its total installed power to over 900MW by completing wind and geothermal investments which are...
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A possible reverse capital control ahead
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Central Banks keeps interest rate steady at 8.5%
The message from Russia: ‘I am in the Middle East too’
What matters on Thursday, March 23
The post-earthquake needs analysis
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World automotive sector influenced by semiconductors (chip sector) demand
The highest monthly CAD in the history of the republic
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Dollar lost its savings instrument edge
Quake-hit cities to get investment support
15% of earthquake victim voters migrated
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A law specific to Istanbul is a must: Mayor of Istanbul
Share of compensation of employees in the GVA hits a 25-year low
Author: Mehmet Kara (Mehmet Kara)
Renewable energy develops ‘antibodies’ against COVID-19
The renewable energy sector has overcome the COVID-19 crisis, according to Minister of Energy and Natural Resources Fatih Donmez. Speaking at the ‘Past and Present of Renewable Energy’ meeting organized by Sabanci University’s Istanbul International Center for Energy and Climate (IICEC), Donmez said the global economy has passed through a serious bottleneck in the shadow...
Enerjisa allocates TRY 1bn to ‘Energy of My Business’
Ersin Esenturk Enerjisa Head of Energy Retail Business Unit Ultimately, energy expenses are an important item in a sports clubs’ budget. The model we offer also contributes to financial sustainability for the clubs. ENERJISA, the joint venture of Sabanci Holding and Germany-based E.ON, has sealed a deal with Galatasaray SK (GS) covering the installation of...
MW100 specifies top 100 electricity generation giants
The energy news platform Enerji Gunlugu and international consultancy company Kearney, have released their annual Largest Electricity Generation Companies report. The MW100- 2021 report, based on the Energy Market Regulatory Authority’s (EPDK) data from December 31, 2020, was launched at an online meeting bringing together the major players in the sector. PUBLIC COMPANY EUAS TOPS...
FIBA Group adds 4-new wind energy plants
Fiba Group has added four new wind energy plants with total 200MW capacity to its renewable energy portfolio. The group will now reach a total of 580MW capacity, 550MW from wind and 30MW from solar.Established by Fina Energy, an affiliate of FIBA Group, the wind power plants are based in Van, Balikesir, Yalova and Istanbul...
Ankara seeking better terms to renew gas supply contracts
Ankara expects gas suppliers to offer more competitive pricing and flexibility if they want to renew long-term contracts totaling 16 billion cubic meters a year, a senior energy ministry official said. More than a quarter of Turkey’s longterm gas contracts expire next year, including imports via pipeline from Russia’s Gazprom and Azerbaijan’s SOCAR and a...
Suffering fuel sector gives up 24/7 service
The measures taken against the pandemic have seriously disrupted economic life. While more actions are being taken in sectors that have a direct role in controlling the epidemic, especially health, other sectors, such as logistics, accommodation, on-site consumption, iron and steel, are still suffering. One of the areas where the slowdown has been felt hardest...
Public sector’s domination in energy continues
International consulting firm Kearney and Enerji Gunlugu, the leading news source in the energy sector, has published the ‘MW100, Turkey’s Top 100 Electricity Producers Survey.’ Electrik Uretim Anonim Sirketi (EUAS) took first place among Turkey’s largest electricity producers list at 20,541 MWe while ENKA followed with 3,830 MWe and Enerjisa with 3,598 MWe. Other companies...