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Turkcell ploughs $240 million into solar energy

As Turkcell Group, in addition to managing the increasing energy need and costs, we conduct our operations with a consciousness of energy efficiency within the framework of our sustainability priorities. Within this scope, we aim to provide 100% of our energy consumption from renewable energy sources by the year 2030. Accordingly, in recent years, we had implemented pioneering solutions in the sector, with solar energy projects that we developed for our data centers and offices, the acquisition of the Karadağ Wind Power Plant with 18 MW installed capacity in 2021, and the integration of solar panels into around 735 base stations up to today.

As Turkcell Group, in line with our objectives, it is being planned to install solar power plants (SPP) with a total installed capacity of 300 MW and a self-consumption model within three years.

For this purpose, our Company has been allocated a total installed capacity of 213 MW under Article 5/1h of the Regulation on Unlicensed Electricity Generation in the Electricity Market by the Türkiye Elektrik İletim A.Ş. (TEİAŞ) and relevant regional Electricity Distribution companies. The efforts for new capacity permits are ongoing as well. Considering the current economic and macro indicators, the investment amount for the respective energy projects is expected to be around USD 240 million.

Upon the completion of these investments, it is aimed that around 65% of the electricity consumed by the Turkcell Group will be provided from renewable sources in 2026.

CT Bureau

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