L R AS Published on Monday 15 May 2023 - n° 445 - Categories:Middle East

PV Magazine devotes a long article to the solar industry in Turkey

Some estimates put the number of Turkish panel manufacturers at over 60, while others put the number at 72.

The Turkish Solar Industry Association cites net metering as the driving force behind demand.

Chinese panels are banned under strict anti-dumping rules. The commercial and industrial (C&I) sector can benefit from tax incentives of 30% or 40%.

Standard Turkish mono-PERC panels can cost $0.40 per watt, compared with $0.22/W to $0.25/W in China and the rest of Europe.

Nevertheless, the Turkish market is flourishing. Some estimate it at 2.5 GW installed by 2022. Others put it at 1.5 GW. Customers are turning to solar power to reduce their electricity bills. The tax incentive reaches 30% to 40% when locally manufactured panels are used. The net metering tariff structure makes commercial or industrial installations attractive.

PV panel manufacturing and, to a lesser extent, cell production, are booming in Anatolia. With relatively high panel prices and incentives in place, large Turkish industrial companies are establishing panel production lines to feed their own C&I projects.

https://www.pv-magazine.com/2023/05/13/weekend-read-a-manufacturing-bridge-between-europe-and-asia/

PV Magazine 13 May 2023

Editor's note Even with panel prices double international prices, domestic demand is strong because it benefits from tax incentives and helps to mitigate or eliminate the high price of electricity.

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