Within the scope of the visit organized by the Ministry of Foreign Affairs of the Republic of Turkey to Algeria, inspections were made at the Tosyalı Algerie facilities. Saying that Tosyalı Algerie is the largest investment of a Turkish company abroad and at the same time one of the most important complexes realized in the world steel industry in recent years, Fuat Tosyalı, Chairman of the Board of Directors of Tosyalı Holding, said, “Tosyalı Algerie, which stands out in global competition with the technologies we use, is Direct Reduced Iron.

‘Tosyalı’ Produces the World’s Environmentally Friendly Steel in Algeria | 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>>>

Development Investment Bank General Manager İbrahim Öztop said, “We see it as our responsibility to provide financial support to wind power plants, which play a major role in our country’s renewable energy power. As of the end of 2020, our bank provided 512 million dollars of financing support to WPP projects. We aim to continue our investments in the WPP field until the end of 2021, providing an additional 310 million dollars of financing, and allocating a total of 822 million dollars to this area only.

822 Million Dollars of Support for Wind Energy from Dev. Investment Bank | Devamı>>>

Combining wind power, solar energy, batteries and in future even electrolysers, allows hybrid parks to be more cost effective by sharing infrastructure such as roads, grid connections or substations and even support the grid stability.

Hybrid parks can be custom-designed or retro fitted to existing assets to combine multiple technologies, such as wind turbines, solar panels, batteries and electrolysers to produce, store or use fossil-free energy in one location.

‘Combining Wind Power’ Solar, Batteries and in Future Even Electrolysers | Devamı>>>

There were 61 electricity procurement contracts announced in the Europe region in Q1 2021, marking a rise of 42% over the last four-quarter average of 43, according to GlobalData’s power industry contracts database.

Power Plant stood at first place when compared with other power tender categories in the Europe region in Q1 2021 with 206 contracts and a 44.1% share, followed by Generation Equipment with 106 contracts and a 22.7% share and Electricity Procurement with 61 contracts and a 13.1% share during the quarter.

Europe Electricity Procurement Contracts Activity Up 42% in Q1 2021 | Devamı>>>

There were 29 T&D project contracts announced in the Asia-Pacific region in Q1 2021, marking a rise of 45% over the last four-quarter average of 20, according to GlobalData’s power industry contracts database.

Power Plant stood at first place when compared with other power tender categories in the Asia-Pacific region in Q1 2021 with 157 contracts and a 44.4% share, followed by Generation Equipment with 80 contracts and a 22.6% share and Electricity Procurement with 71 contracts and a 20.1% share during the quarter.

Asia-Pacific T&D Project Contracts Activity Up 45% in Q1 2021 | Devamı>>>

The European offshore wind sector attracted over 26 billion euros (around $31.7 billion) of investment last year, a record amount, according to the latest figures from industry body WindEurope.

In an announcement Monday, the Brussels-based organization said the cash raised will finance a total of 7.1 gigawatts (GW) of offshore wind capacity, with projects set to be developed and built over the next few years.

Europe’s Offshore Wind Sector Saw a Record $31 Billion! | Devamı>>>

An interesting situation has arisen in the United Kingdom, which should draw the attention of all those focused on the “energy transition.” It speaks to the underlying unreliability of renewable energy and, in particular, the current state of green technology. We can learn from Britain’s current struggles that unless or until we drastically improve our alternative energy and electricity storage technology, we are not yet able to engage in a meaning transition.

On November 3rd, National Grid, which operates the electrical system in the United Kingdom, issued an “electricity margin notice,” for the afternoon of November 4.

A Warning From The United Kingdom: Renewable Energy May Not Suffice | Devamı>>>