3 FAQs about Ankara Peak Valley Energy Storage Equipment

Is Turkey establishing a market for large-scale energy storage?

The latest announcement is a big step towards establishing a market for large-scale energy storage in the country, Energy-Storage.news heard from Korkut Öztürkmen, board member at Aksa Energy, one of Turkey's largest independent power producers (IPPs).

Why is Aksa energy launching a storage initiative?

According to the Aksa Energy board member, the storage initiative has been opened to support the development of renewable energy first and foremost. Renewable energy capacity has been tendered for in auctions to receive feed-in tariffs (FiTs) but in recent rounds the prices have been too low to enable projects to be realised.

What is Energy Storage Summit Asia?

Energy-Storage.news' publisher Solar Media will host the 1st Energy Storage Summit Asia, 11-12 July 2023 in Singapore. The event will help give clarity on this nascent, yet quickly growing market, bringing together a community of credible independent generators, policymakers, banks, funds, off-takers and technology providers.

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