Turkey’s energy ministry on November 3 concluded solar tenders held under the Renewable Energy Resource Area (YEKA GES-2026) framework. It announced the awarding of 785 megawatts of grid connection capacity across 11 project zones. Following the opening of the sealed financial proposals, the bidding, as usual, transitioned into a dynamic auction. Final allocations were determined by additional cash contribution fees per MW offered to the state grid by developers. VAT of 20% is added to the contribution fee bids. To control system costs and spur capital commitment, regulators set a floor price of €0.0325 per kilowatt-hour (€32.5/MWh). As is standard in YEKA tenders, all tariff offers moved down to the regulatory floor across all project sites. In the first five years after the plants come online, operators will have the right to sell their output to the market. In the following 20 years, they will sell at the tender price. YEKA GES-2026 tenders Plant Capacity (MW) Best Bidder 11 plants 785 - €0.0325/kWh G26-Denizli GES 30 Temmuz Gunes Enerji €60,000/MWh G26-Ankara-1 GES 40 Erser Grup Tarim €22,000/MWh G26-Ankara-2 GES 30 Iklim Invest Enerji €12,000/MWh G26-Konya GES 110 Isenerji (Isbank/ISCTR) €64,000/MWh G26-Kahramanmaras-2 GES 85 Temmuz Gunes Enerji €60,000/MWh G26-Kahramanmaras-3 GES 50 Temmuz Gunes Enerji €74,000/MWh G26-Malatya-1 GES 55 Ezel Mensucat Sanayi €91,000/MWh G26-Diyarbakir GES 200 Egesa Enerji €16,000/MWh G26-Mardin-2 GES 120 Egesa Enerji €18,000/MWh G26-Batman GES 25 Egesa Enerji €36,000/MWh G26-Elazig GES 40 Ecogreen (Istanbul/ECOGR) €36,000/MWh Table: YEKA GES-2026 tender results. See the full list of Turkey’s YEKA tenders here. In the first quarter of 2027, Turkey’s energy ministry is planning to hold the YEKA DURES-2026 tender for offshore wind plants. In September, Turkey’s president, Recep Tayyip Erdogan, provided Saudi Arabia’s state companies with a €47.50/MWh price guarantee for 2 gigawatts of solar projects for a period of 30 years, along with additional land allocations and tax reliefs. The price ceiling on the Day Ahead Market at the Energy Exchange Istanbul (EPIAS) currently stands at Turkish lira (TRY) 4,500/MWh (€80/MWh).

The installed solar capacity of the global PV industry is poised for another round of rapid growth, with or without an assist from the US.

The government confirmation arrives days after independent analyst estimates pointed to a similar number, turning a strong quarter into a validated trend

Germany added approximately 1 GW of new solar capacity in April and 4.9 GW in the first four months of this year, according to the Federal Network Agency (Bundesnetzagentur). The country's total PV ca...