Turkey’s Polat Energy signed an agreement with Partners ESG to develop a 4 MW energy storage system for the country’s 288 MW Soma wind farm, according to a statement. Partner EGS will integrate its domestic software and engineering solutions into the hardware provided by its partner Huawei, the project’s energy storage system supplier, CEO Alper Terciyanlı said. The move marks Partners ESG’s first entrance into Turkey’s energy sector.
Turkey’s stepping up its wind projects: Turkey’s Galata Wind got a USD 45 mn loan from the European Bank for Reconstruction and Development last year to finance up to 50 MW worth of expansions in two wind power plant projects in Mersin and Balikesir. The country currently generates 11 GW from wind power, but has an untapped potential of between 40 to 50 GW from wind energy sources, according to the EBRD.
MENA’s interest in the Turkish green economy is on the rise: The UAE’s Masdar was looking to acquire a stake in Turkey’s top wind power producer Fiba Yenilenebilir Enerji in September but is currently stalled over a price dispute. UAE also signed several agreements with Turkey in July to invest USD 51 bn in projects in Turkey, USD 30 mn of which were earmarked for Turkey’s energy sector with a focus on renewable energy, green hydrogen, hydroelectric power production, finance transmission projects, and battery storage facilities. Turkey built an interconnection to Iraq’s national grid (which extends to GCC countries) last year.