Expected ROI of on grid solar storage project in Turkey 2025

Does Turkey have a Solar Energy Breakthrough?

Turkey’s solar energy breakthrough The facilitation of self-consumption-focused power plant installations in Türkiye has accelerated annual new installations, pushing solar energy capacity beyond the current 2025 target. Türkiye’s solar energy capacity doubled from 9.7 GW in July 2022 to exceed 19 GW by the end of 2024.

How much solar energy does Türkiye have?

Türkiye’s solar energy capacity doubled from 9.7 GW in July 2022 to exceed 19 GW by the end of 2024. By August 2024, the country had already exceeded the 18 GW target set for 2025 in the National Energy Plan (NEP) by the Ministry of Energy and Natural Resources (MENR).

How has solar energy benefited Türkiye?

Over the past two and a half years, solar and wind energy combined have prevented $15 billion in natural gas imports, reinforcing Türkiye’s energy independence and reducing dependency on fossil fuels. Solar energy alone generated 52 TWh of electricity during this period, which accounted for 6% of the country’s total electricity supply.

Are storage-integrated power plants possible in Türkiye?

While no grid-scale storage-integrated power plants are operational in Türkiye yet, the country has a robust pipeline of approximately 33 GW of storage-integrated wind and solar projects with pre-licensing periods extending until 2030. This strong investor interest highlights the potential of storage-integrated power plants.

How has solar energy grown in 2022?

Installations primarily for self-consumption have driven 94% of the growth since July 2022, raising capacity from 9.7 GW to over 19 GW by the end of 2024. The previous doubling of solar energy capacity required more than four years between 2018 and 2022, whereas the latest doubling demonstrates a rapid acceleration over recent years.

How much battery storage will we need by 2035?

However, both the The National Energy Plan (NEP) and Long-Term Strategy (LTS) aim for 7.5 GW of battery storage by 2035, a target significantly below the existing project pipeline of 33 GW. This gap suggests an urgent need to update official targets or reassess the capacity allocated to storage-integrated projects.