Important News

Marubeni of Japan Will No Longer Enter into Any New Coal-Fired Power Generation Business

Coal   HEPP   Abroad   Company News   Other Renewables


Marubeni will cut itscoal-fired power net generation capacity of approximately 3GW in half by 2030. And, as a general principle, Marubeni will no longer enter into any new coal-fired power generation business. However, Marubeni might consider projects that adopt Ultra-supercritical steam generating technology. The Company will also expand the ratio of renewable energy portfolio from 10% to approximately 20% by 2023...

The 9th Turkey Energy Forum Will Be Held in Istanbul on October 1 & 2

Coal   HEPP   Conferances   Research   Natural Gas   Nuclear   Other Renewables


Market Trends in the Turkish Energy Sector, Local Content and Renewable Energy Resource Fields (YEKA), Financing Renewable Energy Investments After 2020, the National Energy Policy and Local Coal Investments besides Nuclear Power Projects will be taken up during the Forum where İş Bank is the main sponsor and to be participated by market players such as GAMA Enerj, Limak Enerji, Borusan EnbW Enerji, Enerjisa and Güriş Holding…

Important Statements by Berat Albayrak, the Minister of the Treasury and Finance

Speeches   Macro Indicators   Development Plans & Goverment Programs


"We will announce the 3-year OVP (Medium Term Program) on September 20. -We will soon make a Regulation that prohibits payments and transactions in foreign currency, and explain the principles of retrospective transactions. -We will establish a "Cost and Transformation" office to save money and ensure efficiency in public organizations"...

Noteworthy Statements by President Erdoğan

Speeches   Macro Indicators   Development Plans & Goverment Programs


"We will complete ongoing projects, we will not start the projects tendered but not started yet. We will left them aside for now. Ministries will scrutinize the investment stocks. Production is the only way of development of a country. Turning this Wheel properly is the responsibility of financing agencies. Survival of financing agencies depend on real economy and real investor".

The Task of Preparing the Budget Is Assigned to the Ministry of Treasury and Finance

Budget   Development Plans & Goverment Programs


According to the Presidential Decree published in the Official Gazette, the duties and authorities for preparation of the central budget has been assigned from the President's Office to the Ministry of Treasury and Finance until the completion of the organization of the Department of Strategy and Budget....

Treasury and Finance Minister Albayrak, “The Medium Term Program Will Be Prepared Focusing on Reducing the Inflation Rate”



“We carry on with the consultancy meetings with all stakeholders in the field of economy as the Ministry of Treasury and Finance to prepare the Medium Term Program. We have come together with business people and the representatives of non-governmental organizations in the business world today and listened to the opinions of participants. A framework focusing on reducing the inflation rate will be set forth by means of the new medium term plan which will be disclosed”…

The BRICS Summit Is Held on July 25 to 27

Conferances   Research


President Erdoğan will attend the Summit as the "Term President of the Summit of the Organization of Islamic Cooperation"...

China's Silk Road Fund to Make Investment on ACWA Power's Solar Power Plant

Abroad   Company News   Renewables (HEPP, Wind, Solar, Biofuel)


It is announced that China's Silk Road Fund will acquire a 24.01% equity interest in the 700MW DEWA Concentrated Solar Power (“CSP”) project in the United Arab Emirates.

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