The Turkish Ministry of Energy has completed, thus far, only the tender’s first 300 MW tranche, and the three winning bids ranged from $0.0257/kWh to $0.0293/kWh
Image: GLB1988/Pixabay
Turkey’s Ministry of Energy has allocated 300 MW of installed PV power in the first tranche of the PV tender it launched in July – the 1 GW YEKA 4 PV tender.
According to the Turkish PV association Günder, the ministry selected three projects with, each, a capacity of 100 MW.
For the three projects, their developers offered prices of TRY0.375/kWh ($0.0257), TRY0.39/kWh ($0.0267), and TRY0.427/kWh ($0.0293), respectively. For comparison, in the previous procurement exercise of the same kind – the 1 GW YEKA 3 PV tender – the lowest bid came in at TRY0.182/kWh.
For the YEKA 4 procurement exercise, the ministry had set a ceiling price of TRY0.40/kWh
The projects selected will receive a 15-year power purchase guarantee. Domestic content requirements for equipment selection are playing an important role in the tender.
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The Turkish Ministry of Energy has completed, thus far, only the tender’s first 300 MW tranche, and the three winning bids ranged from $0.0257/kWh to $0.0293/kWh April 13, 2022 Emiliano BelliniImage: GLB1988/PixabayTurkey’s Ministry of Energy has allocated 300 MW of installed PV power in the first tranche of the PV tender it launched in July – the 1 GW YEKA 4 PV tender.According to the Turkish PV association Günder, the ministry selected three projects with, each, a capacity of 100 MW.For the three projects, their developers offered prices of TRY0.375/kWh ($0.0257), TRY0.39/kWh ($0.0267), and TRY0.427/kWh ($0.0293), respectively. For comparison, in the previous procurement exercise of the same kind – the 1 GW YEKA 3 PV tender – the lowest bid came in at TRY0.182/kWh.For the YEKA 4 procurement exercise, the ministry had set a ceiling price of TRY0.40/kWhThe projects selected will receive a 15-year power purchase guarantee. Domestic content requirements for equipment selection are playing an important role in the tender. This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.