Turkey, which ranks 7th in installed wind power in Europe, has increased its investments in wind energy 10 times in 10 years. While pointing out that more than 100 domestic and foreign investors contribute to the wind energy in our country, it is stated that the wind energy industry, which is native to 60-65%, plays a critical role in closing the country’s current account deficit and providing employment.

Turkey’s natural resource, wind energy, which has improved 10 times with the steps taken in the last 10 years, continues to generate electricity, close the current account deficit and provide employment.

Wind Investments Increased 10 Times in 10 Years… | Devamı>>>

Continuing to invest in wind energy, one of the most effective and clean energy sources in the fight against climate change, TSKB contributes to Turkey’s carbon emission reduction with 38 Wind Power Plants it has financed to date. Drawing attention to renewable energy investments on World Wind Day, the bank plans to increase its support for clean energy investments.

The Industrial Development Bank of Turkey (TSKB), which finances investments based mainly on wind, geothermal, solar and biogas resources in the field of renewable energy, draws attention to the importance of clean energy on 15 June World Wind Day.

Contribution to Emission Reduction of Funded Wind Investments | Devamı>>>

Hydrogen has swept onto the world’s energy stage as the solution to decarbonization. As the clock ticks fast towards the 2050 carbon neutrality deadline and as global warming accelerates, the pressure to act is palpable. Indeed, hydrogen will play a key role in the energy transition in some sectors, if it is supported by heavy government subsidies to make it efficient and competitive. But in my view it is not the energy of the future across the board and the road to the so-called hydrogen economy is filled with pitfalls.

Hydrogen Is The Energy of The Future, Up To A Point | Devamı>>>

Spending on oil and gas has fallen much more than investment in renewables, according to International Energy Agency.

The world’s transition to cleaner sources of energy is gaining speed as the coronavirus pandemic accelerates a shift in investment away from fossil fuels, according to the International Energy Agency.

Capital spending on energy this year is set to plunge by 18%, as global energy demand is expected to fall by 5% in 2020, a pullback not seen since World War II, the Paris-based agency said in its annual report on the future of the industry.

Coronavirus Pandemic Speeds Shift to Cleaner Energy | Devamı>>>

A transition towards a low-carbon economy is forecast to boost output and employment growth in the EU thanks to a spur in investment in clean energy, according to a new report released on Tuesday. An analysis run by Cambridge Econometrics and EU agency Eurofound’s European jobs monitor calculated that the EU28 GDP would be 1.1 per cent higher by 2030 in case of the Paris Climate agreement was implemented compared to the baseline scenario.

The number of jobs would be boosted by 0.5 per cent over the same period.

Shift to Cleaner Energy Would Nudge Up EU Output, Report Shows | Devamı>>>

The boom in solar and wind power in the United States will deal a fresh blow to coal country in the next few years. Renewable energy, led by solar and wind, is projected to be the fastest-growing source of US electricity generation for at least the next two years, according to a report published Friday by the US Energy Department.
Boosted by swiftly falling prices, utility-scale solar power is expected to increase by 10% in 2019 and 17% in 2020, the Energy Information Administration said.

Solar and Wind are Booming, While Coal Keeps Shrinking | Devamı>>>