Turkey was considered the most promising photovoltaic market in Europe two years ago, but the recession of the Turkish economy, the change in the photovoltaic policy pattern and the unsuccessful YEKA bidding have all destroyed the country ’s solar power plant development. Analysts said that if the new net measurement rules released in May 2020 will make solar energy attractive to businesses and households, then Turkey's rooftop photovoltaics will usher in vigorous development.
According to the report of the Institute of Energy Economics and Financial Analysis (IEEFA), under the existing net metering system, the average payback period for rooftop photovoltaic power generation in Turkey is 16 years, but the new net metering policy will reduce the payback period for rooftop arrays by 11 years . According to the proposed reform measures: the elimination of 18% of equipment VAT, the elimination of fixed fees, loan subsidies, and the matching US $ 0.14 / kWh feed-in tariff will reduce the payback period of systems installed in 2020 to less than 7 years .
It is reported that from the beginning of the currency collapse to the end of last year, Turkey's continued economic crisis led to a rapid increase in electricity prices month by month, with a cumulative increase of 61% in electricity prices. The Turkish Energy Market Regulatory Authority (EPDK) has announced that it will freeze further electricity price increases. Due to stagnant wages, if the economic benefits of the new net metering rules power subsidies are sufficient to attract consumers, then the prospects for rooftop photovoltaic installations in Turkey are bright.
In addition, the government enacted energy storage regulations in April 2019, which are expected to take effect this year. Combining battery storage with rooftop solar energy allows households and businesses to meet more energy needs through on-site power generation. This is particularly important in Turkey, because Turkey ’s peak energy demand electricity price (between 5 and 10 pm) is 90% higher than during the day, giving consumers the opportunity to use their energy reserves during expensive peak hours and save more Electricity expenses.
-
10kw Home Solar System-Trinidad and TobagoAre you tired of constantly worrying about rising electricity bills ? Look no further! Our solar power systems are the perfect solution for you. Just ask our satisfied customer from Trinidad and Tobago, who recently purc
Do you like ?0
Read more -
Village in the mountains with solar system“We have to go back and forth several hundred meters to fetch water from the mountain every day,” a villager told us. "Our village has been living in the mountains for generations. Travel is not that convenient, and water and electricity
Do you like ?0
Read more -
100KW Commercial Solar Power Will Be Soon In Nigeria HotelDavid, a Nigerian resident living in Guangzhou, China, has become a true "China expert" after spending 20 years in the country. His family in Nigeria operates 15 hotels, and David is responsible for procu
Do you like ?0
Read more -
Let factories use electricity for freeThe Philippines has abundant sunshine, and the solar system can start generating electricity at 6.30 in the morning and stop generating electricity at around 17.30 in the afternoon. The peak power generation is between 10.00 and 15.00. A cus
Do you like ?0
Read more -
5KW Off-grid Solar Setup In Congo HospitalWith Mars solar off-grid solar setup, a hospital from democratic republic of the Congo now harnessing the power of the sun to run medical appliances. Here are some highlights of Mars off-grid solar system's fun
Do you like ?0
Read more -
Mars Half-Cell Solar Panel Vs Another Half-Cell Solar PanelTOPCon half-cell solar panels have the following features: 1. High efficiency: TOPCon’s silicon wafer efficiency can reach up to 25.2%, which is 2% higher than other solar panels. It is expected that by the second half of 2023, TOPCon can reach 26
Do you like ?0
Read more