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| Title | Turkey Solar Energy Market Size, Share, Trends, Growth and Report 2025-2033 |
|---|---|
| Category | Business --> Business and Society |
| Meta Keywords | Turkey Solar Energy Market |
| Owner | Rahul Kumar |
| Description | |
| Turkey Solar Energy Market Overview Base Year: 2024 Historical Years: 2019-2024 Forecast Years: 2025-2033 Market Size in 2024:19.1 GW Market Forecast in 2033:30.2 GW Market Growth Rate (2025-33): 4.7% The Turkey solar energy market size reached 19.1 GW in 2024. Looking forward, IMARC Group expects the market to reach 30.2 GW by 2033, exhibiting a growth rate (CAGR) of 4.7% during 2025-2033. The market is majorly driven by the implementation of favorable government policies, continual technological advancements, decreasing costs of solar panels, increasing energy security concerns and the push for energy self-sufficiency, growing environmental awareness, and education campaigns promoting public acceptance and adoption of solar energy solutions. For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/turkey-solar-energy-market/requestsample The Turkish solar market is experiencing transformative momentum driven by decisive government action aimed squarely at energy security and decarbonization. The cornerstone remains the highly competitive Renewable Energy Resource Areas (YEKA) auctions, recently awarding massive projects like the 1.7 GW Konya Karapınar plant, demonstrating scale ambition. Crucially, the transition beyond the feed-in-tariff (YEKDEM) scheme concluded in 2021 is being actively managed. Policymakers are refining mechanisms like YEKA and introducing hybrid models to ensure sustainable growth, focusing on grid integration and domestic value addition. The critical "unlicensed" segment (projects <1 MW) continues to thrive, buoyed by progressive increases in the capacity ceiling (now 5 MW for certain zones) and streamlined licensing, empowering commercial & industrial (C&I) self-consumption and agricultural applications. Furthermore, strategic initiatives like the National Energy Plan targeting 52.9 GW solar capacity by 2035 and supportive net-metering regulations provide long-term visibility, attracting substantial domestic and international investment. This evolving, albeit complex, regulatory landscape is the primary engine propelling market expansion. Distributed solar generation, particularly within the Commercial and Industrial (C&I) segment, is witnessing explosive growth, fundamentally reshaping Turkey's energy consumption patterns. Driven by persistently high electricity tariffs and enhanced economic viability of solar PV, businesses are aggressively turning to rooftop and ground-mounted systems for significant cost reduction and energy independence. The unlicensed regime, allowing projects up to 5 MW without complex generation licenses (subject to grid capacity), is a major catalyst. This is coupled with rising corporate sustainability commitments and improved financing options from local banks. Industries with high daytime energy demand (textiles, manufacturing, automotive) are leading adopters. Furthermore, innovative business models like third-party ownership (leasing, ESCOs) and corporate Power Purchase Agreements (PPAs), facilitated by recent legal amendments, are lowering entry barriers. The result is a vibrant, decentralized market segment rapidly adding capacity and alleviating grid strain while boosting industrial competitiveness, projected to dominate near-term capacity additions. As solar penetration surges, particularly in sun-rich regions like the Aegean and Mediterranean, integrating this intermittent generation into the national grid (TEİAŞ) has become paramount. Congestion in key connection zones necessitates substantial, ongoing grid modernization and expansion investments. Recognizing this, authorities are prioritizing infrastructure upgrades, including new substations and transmission lines, alongside implementing advanced grid management technologies. Crucially, the market is witnessing the inevitable rise of energy storage as a critical solution. While large-scale battery storage is nascent, regulatory frameworks are rapidly evolving to incentivize co-location with solar plants, especially within YEKA projects. The focus is shifting towards hybrid projects combining solar PV with storage to provide firm capacity, enhance grid stability, and maximize utilization of generated power. This dynamic creates significant opportunities for technology providers and EPC contractors specializing in integrated solutions, positioning storage as an indispensable pillar for the market's sustainable future growth beyond simple capacity additions. Turkey Renewable Energy Market Industry Segmentation: Technology Insights:
Application Insights:
End User Insights:
Regional Insights:
Competitive Landscape: The competitive landscape of the industry has also been examined along with the profiles of the key players. Ask Our Expert & Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=24211&flag=C
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization. About Us: IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research. Contact Us: IMARC Group 134 N 4th St. Brooklyn, NY 11249, USA Email: sales@imarcgroup.com Tel No:(D) +91 120 433 0800 United States: +1-631-791-1145 | |