Türkiye has awarded about 2.3 GW of wind and solar capacity in its latest YEKA renewable energy auctions, with every site going at the floor price, Balkan Green Energy News and the Anadolu Agency reported on 3 November.
The competitions covered 18 sites: seven wind zones with 1.5 GW and 11 solar zones with 785 MW. The Anadolu Agency put the total at 2,285 MW.
Floor prices and fees
All winning bids matched the floors of €35 per MWh for wind and €32.5 per MWh for solar. Because bidders could not go lower on price, they competed by offering contribution fees per MW.
The solar competitions raised €31.6 million in fees excluding VAT, or €37.9 million including it, according to Balkan Green Energy News. The wind round raised €75.5 million including VAT, bringing total upfront payments to €113.4 million.
"This will bring a total of $1.9 billion in new investment to our country," Energy and Natural Resources Minister Alparslan Bayraktar said, in a statement translated here from Turkish. The new plants are expected to produce 6.1 billion kWh of electricity a year and avoid roughly 1.22 billion cubic metres of natural gas imports annually, he said.
Who won the solar zones
In solar, 19 companies submitted 44 applications. Three zones with 115 MW, Malatya 2, Mardin 1 and Kahramanmaraş 1, drew no bids.
Egesa took the largest share with 345 MW across Diyarbakır (200 MW), Mardin 2 (120 MW) and Batman (25 MW), according to the Anadolu Agency. İş Enerji won the 110 MW Konya zone, and Temmuz Güneş won 165 MW across Denizli and two Kahramanmaraş zones. The other zones went to Erser Grup, İklim Invest, Ezel Mensucat and Ecogreen.
Contribution fees ranged from €12,000 per MW in Ankara 2 to €91,000 per MW in Malatya 1.
Wind drew a smaller field
In wind, 12 companies submitted 29 applications for the seven zones, according to the Turkish trade site Enerji Ajansı. The largest zone, Sivas with 320 MW, went to Metgün, and Egesa and Ecogreen also won wind capacity. The wind floor of €35 per MWh was 3.50 euro cents per kWh in the minister's own terms.
How the contracts work
Winners can sell their power on the free market for the first five years for solar and six years for wind. After that, they receive a 20-year power purchase agreement at the auction price.
Balkan Green Energy News adds that offshore wind auctions are planned for the first quarter of 2027.
What it means for European developers
Prices at the floor and competition through fees show strong demand for Turkish grid capacity. The free-market years mean winners carry merchant price risk at the start, before the fixed 20-year price applies. For developers and suppliers, Türkiye is building a regular pipeline of state-allocated capacity, but a guaranteed solar price of €32.5 per MWh leaves little margin for costly equipment, and the three empty solar zones show that not every site attracts bidders.
Source: Balkan Green Energy News; Anadolu Agency; Enerji Ajansı.
