12,626.35 TRY BIST 100 BIST 100
51.12 EUR EUR EUR
44.46 USD USD USD
6.47 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
43.95 TRY Interest Interest
107.04 USD Fossil Oil Fossil Oil
5.50 USD Copper Copper
102.92 USD Silver Silver
106.32 USD Iron Ore Iron Ore
378.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,541.44 TRY Gold (gr) Gold (gr)
108.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Karapınar solar power plant prevented USD 1 Billion in natural gas imports

In Konya, the commissioning of the Kalyon Karapınar solar power plant (SPP) has prevented the use of approximately USD 1 billion worth of natural gas.

Karapınar solar power plant prevented USD 1 Billion in natural gas imports

Located in the Karapınar district, Kalyon Karapınar Solar Power Plant  one of the largest in Europe and among the biggest in the world  stands out with its size equivalent to 2,600 football fields.

Consisting of 3.5 million solar panels, the plant has an installed capacity of 1,350 megawatts, enough to meet the household electricity needs of a city with a population of 6 million.

As the panels were gradually installed and put into operation, the plant reached full capacity electricity production in March 2023 and now generates 3 billion kilowatt hours of electricity annually.

Since its commissioning, the Karapınar Solar Power Plant has prevented the use of approximately USD 1 billion worth of natural gas.

So far, it has also avoided around 6.5 million tons of carbon emissions.

Kalyon Energy Board Member and General Manager Murtaza Ata told Anadolu Agency that while construction was still ongoing in 2020, the completed sections were gradually commissioned and began generating electricity.

Noting that the plant began full-capacity production in 2023, Ata said:

"Karapınar SPP has been generating electricity in phases since September 2020, contributing to the national economy. Since then, it has produced energy that has prevented approximately 6.5 million tons of carbon emissions. To date, it has generated around 10 billion kilowatt-hours of electricity—all from solar energy. This corresponds to about USD 1 billion worth of natural gas. If we had not produced this electricity, this deficit would have had to be covered with USD 1 billion worth of natural gas. In other words, this is a project that makes a significant contribution to the current account deficit, producing roughly 3 billion kilowatt hours of electricity annually. This translates to a direct contribution of approximately USD 300–400 million per year to the current account deficit."

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

KMC Group received a bronze award for its export success

Tuesday, March 31, 2026

Global steel producers fall short in decarbonization

Tuesday, March 31, 2026

LKAB raises iron ore reserves to 7.2 billion tonnes

Tuesday, March 31, 2026

UK prepares to fully nationalize British Steel

Tuesday, March 31, 2026

Jindal Stainless and Oyster Renewable Energy have commissioned a 315.6 MW hybrid energy project

Monday, March 30, 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