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Turkey’s Solar and Wind Potential on the Rise

The combined share of wind and solar energy in Turkey’s electricity generation reached 18 percent last year, according to Ember’s Turkey Electricity Review 2025, published for the fourth consecutive year, which analyzes electricity generation and consumption data. The increase in…

UN: Climate Change Leads to Glacier Retreat in the Caucasus

Climate change has left serious consequences in six Caucasus countries, causing glacier retreat and reduction in river flows, according to a new report from the United Nations Environment Program (UNEP) published ahead of the COP29 conference. The report, titled Caucasus…

EBRD Loans USD 100 Million to Boost Renewables in Turkey

The European Bank for Reconstruction and Development (EBRD) is extending up to USD 100 million in financing to Adnan Polat Enerji Yatirimi A.S. (APEY) as part of a financing package jointly provided by Turkiye Is Bankasi, Turkiye Sinai Kalkinma Bankasi…

EBRD Provides USD 127 Million Loan to Turkey’s Isbank

The European Bank for Reconstruction and Development (EBRD) is providing USD 127 million in new funding to Isbank for on-lending to women-led businesses and to facilitate Turkey’s transition to a green economy. The financing is being made available through the…

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