Besides providing consulting and project development services, GNR Energy is investing in utility scale renewable energy projects having attractive investment indicators.
The Renewable Energy Law of Turkey defines feed-in-tariffs on US Dollar basis for biomass, solar and wind power plants for a period of 10 years after commercial operation. There are also local manufacturing incentives for certain locally manufactured components for a period of 5 years. Turkey has a deregulated energy sector structure with pertinent laws and regulations, and most importantly it is very rich in terms of resources for renewable energies. These are the key factors making renewable energy projects a good opportunity of investment.
Obviously, selection of the ‘right project’ is the vital issue for investment. We rely on our expertise for evaluating all aspects of a project