Recently Released Market Study: Turkey's First Round of Licensing to Change Market Dynamics for Solar Photovoltaic
Electricity consumption in Turkey has increased by 8% annually over the last 10 years due to high economic growth. Turkey had a Gross Domestic Product (GDP) of $786 billion in 2012 and annual GDP growth of 2.2% in the same year. Thermal power dominates the power market with more than 75% of installed capacity, while renewables account for just 24.2%, with hydropower making up 21.31% of the total. Wind contributes 2.46% and solar Photovoltaic (PV) contributes the least with 0.01%....
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