13,980.41 TRY BIST 100 BIST 100
53.50 EUR EUR EUR
45.91 USD USD USD
6.82 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
43.75 TRY Interest Interest
93.48 USD Fossil Oil Fossil Oil
6.63 USD Copper Copper
113.36 USD Silver Silver
105.03 USD Iron Ore Iron Ore
400.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,697.11 TRY Gold (gr) Gold (gr)
105.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

TÜREB: Türkiye became an industrial hub in wind energy

The President of the Turkish Wind Energy Association (TÜREB), İbrahim Erden, said that Türkiye has moved beyond the potential stage in wind energy and has transformed into a concrete industrial production hub.

TÜREB: Türkiye became an industrial hub in wind energy

Speaking to an Anadolu Agency reporter, İbrahim Erden said that around 150 industrial companies in Türkiye currently serve the wind energy ecosystem, noting that the country has evolved into not only a project developer but also a strong equipment manufacturer. He emphasized that Türkiye’s proximity to the markets of Europe, the Middle East, North Africa, the Caucasus, and Central Asia provides a significant competitive advantage.

Erden stated that the wind energy sector includes 7 tower plants, 3 blade factories, and 4 generator and gearbox facilities, adding that more than 20,000 people are employed across industry, construction, operation, and maintenance.

Highlighting Türkiye’s strengths in fast delivery, cost advantages, and engineering capabilities, Erden said that continuity in the domestic market is critical for the sector’s sustainable growth. He pointed out that a regular YEKA schedule, a predictable installation pace, and export-supporting policies are key factors influencing investment decisions.

Erden noted that 2.1 gigawatts of new installations planned for 2025, along with consecutive YEKA tenders, have improved visibility for the sector. He added that the introduction of offshore wind projects could trigger new investments in areas such as towers, blades, cables, and port logistics.

Referring to the 4.3-megawatt turbine developed through the collaboration between Elektrik Üretim AŞ and ASELSAN, which has reached an 80% localization rate, Erden said this demonstrates Türkiye’s technological development capacity. He added that growth in wind energy is now increasingly dependent on grid integration and system infrastructure rather than turbine technology alone.

Erden stressed that accelerating grid investments and providing predictable connection capacity to investors are critical, noting that exchange rate risk and revenue uncertainty continue to slow down projects on the financing side.

He also highlighted that the projected 7.5 gigawatts of battery capacity by 2035 indicates the growing role of storage in the energy transition, adding that reducing uncertainties remains the most important factor for investors.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Railway disruptions in Germany threaten production in the steel industry

Tuesday, June 2, 2026

POSCO Vice President Jeewoo Lim explains the company’s return to full capacity in 135 days following Typhoon Hinnamnor

Tuesday, June 2, 2026

KAM Holding launches investment in a 200,000 ton DRI plant

Tuesday, June 2, 2026

Ben Kinder: Financing remains the biggest obstacle to steel sector decarbonization

Tuesday, June 2, 2026

Worldsteel Open Forum begins in Brussels: Dr. Maryam Golnaraghi warns of early integration and insurance against climate risks

Tuesday, June 2, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now