Turkey is making significant strides in renewable energy with its investment in Floating Solar Energy Plants (FPV), aimed at curbing water evaporation and generating electricity. The country’s floating solar potential stands at an impressive 80,000 megawatts, signaling a strong commitment to sustainability.
Legislative reforms, including amendments to the Mining Law and other statutes, have paved the way for a heightened focus on FPVs in Turkey. These reforms, approved by the Turkish Grand National Assembly’s Industry, Trade, Energy, Natural Resources, Information, and Technology Commission, target water conservation in reservoirs and wetlands while promoting electricity generation.
Insights from Natura Sustainability highlight the global potential of FPVs, suggesting that covering 30% of the world’s reservoirs with this technology could yield nearly 9,500 terawatt-hours of electricity annually. This aligns with Turkey’s ambitious goals in renewable energy, especially considering its current annual electricity production of approximately 330 terawatt-hours.
The growing interest in renewable energy solutions, fueled by post-COVID-19 economic recovery plans and geopolitical factors impacting energy prices, underscores the importance of initiatives like FPVs. Turkey’s investment in FPVs reflects a broader global trend towards sustainable energy solutions, positioning the country as a leader in renewable energy innovation.
According to insights from Natura Sustainability, a global adoption of FPV, covering 30% of the world’s 115,000 reservoirs, could result in an annual electricity production of nearly 9,500 terawatt-hours. It may be noted that the Turkey’s annual electricity production currently stands at approximately 330 terawatt-hours.
With a rising global interest in renewable energy, FPV emerges as a versatile and effective solution. Recent developments in the solar energy sector indicate a growing trend, driven by both post-COVID-19 economic recovery plans and the impact of heightened energy prices due to geopolitical events like the Russia-Ukraine.