Turkey Sees ‘Huge’ Clean-Energy Investment as Demand Bucks Trend
By Stefan Nicola & Gelu Sulugiuc - Feb 4, 2013 6:11 AM ET
Turkey expects “huge” investments in renewable power in the next 10 years as growth in energy demand outpaces economic expansion, a government official said.
Turkey needs to spend $10 billion on new power generation every year until 2023 to double capacity from the current 55 gigawatts, Deputy Energy Minister Hasan Murat Mercan said today at a conference in Vienna.
More:Turkey Sees ‘Huge’ Clean-Energy Investment as Demand Bucks Trend - Bloomberg