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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...

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The continuing game in the geopolitics of energy

With last week’s announcement that a somewhat substantial deposit of natural gas has been discovered in the Black Sea off the Turkish coast, Turkey formally enters the energy resource game. It has, of course, pursued its dream of energy independence for a long time but with the ongoing struggle with Greece and Cyprus over energy...