TURKEY IS EXPECTED TO REGISTER 50 PERCENT GROWTH IN RENEWABLE ENERGY...
Turkey is expected to register 50% growth in renewable capacity over the next five years, according to an IEA (International Energy Agency) report. A significant part of this boost will come from solar and wind power as opposed to the trend in the last decade, which saw a rapid rise in hydropower
Turkey's renewable energy capacity is expected to increase by 50% from its current 42 gigawatts (GW) to 63 GW by 2024, according to the International Energy Agency's (IEA) Renewables 2019 report.
The surge in capacity will place Turkey among Europe's top five and 11th worldwide in terms of renewable capacity, the report added.
The country has enjoyed a remarkable momentum in the expansion of installed renewable energy capacity in the last two decades, driven mostly by hydroelectric power plants. However, the next five years will be marked by solar and power capacity expansion, the report said.
Turkey currently has a total of 28,2358 megawatts (MW) in hydroelectric power capacity while its solar and wind power capacity has crossed 7,600 MW and 5,400 MW, respectively.
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