Companies are about to step on the gas for energy investments

According to the National Energy Action Plan, Turkey’s renewable energy capacity has the potential to increase 2.5 times in 2030. With this situation in mind, companies have decided to invest in renewable energy sources.

$6 billion investment in clean energy technologies

Kıvanç Zaimler, president of Sabancı Holding Energy Group, said that as a company, they focused on grid transformation, including efficiency, e-mobility and distribution generation, and that they prepared a roadmap in line with the goal of limiting global temperature increase to 1.5 degrees.

Zaimler said: “In the next 5-year period, until 2028, the investments we will make in the field of energy and climate technologies in Turkey will be over 6 billion dollars. One of the most important items of these investments is the renewable power plants that we will build, of which a significant part will be the wind, then the sun will form.

This includes our investments in new technologies such as electricity distribution networks, distributed generation, efficiency, the expansion of charging stations for electric cars and hydrogen. “There is a plan to double investments across the Sabancı Group and make more than three-quarters of those investments in this new economy,” he said.

“The network model must be suitable for transformation”

Zaimler pointed out that the transformation of clean energy requires increasing and transforming investments in the electricity grid, and said: “We have an implementation period ahead of us that will start in 2026. It is a period when the problems related to the grid will change. The Turkish grid model must also be suitable for energy transformation.”

Zaimler emphasized that so far most resources have been spent on urgent priority investments, but nowadays components of the energy conversion that modernize the grid should also be considered, as well as urgent investments in parallel with Turkey’s growth.

Zaimler said it will intensify its activities in the energy transformation, mobility and construction sectors, and will consider innovation, efficiency and the use of data in all these investments.

They decided to become a partner for the production of renewable energy

Enerjisa Üretim Santralleri AŞ (Enerjisa Üretim) has signed an agreement with Microsoft to support innovation and sustainability in renewable energy production for the Europe, Middle East and Africa (EMEA) region.

In a statement made by Enerjisa Üretim, it was stated that under the signed agreement, it will work together to exploit the potential of advanced technologies such as artificial intelligence, GenAI, Copilot, Microsoft Sustainability Manager, Dynamics Assets Management, Managed IT and OT Security.

The statement said the deal also includes the launch of digital products and services from the Dutch digital-focused company Senkron Energy Digital Services, which is part of Enerjisa Üretim.

Digital transformation will accelerate

The statement said that the cooperation will also include the dissemination of the new “OnePact AI” application based on generative artificial intelligence in the energy sector to increase the efficiency of renewable energy production and contribute to the development of the sector.

Enerjisa Production CEO İhsan Erbil Bayçöl said: “GenAI-enabled solutions in issues such as energy management, demand and production forecasting, anomaly detection and maintenance will play an innovative role in overcoming the challenges faced by the sector.

“These applications and technologies will accelerate digital transformation in the sector and open the door to new collaborations and opportunities for all stakeholders,” he said.

10 thousand MW battery factories are needed

Zorlu Enerji CEO Sinan Ak said renewable energy storage facilities should be built and tens of thousands of megawatt battery factories should be built in parallel. Ak said Turkey can achieve world-class success if it invests in renewable energy storage and battery systems like China and Europe.

Ak said: “The aim of investment in China and Europe is to reduce the current account deficit. “For our country to follow this path and be successful, renewable energy storage must be built and tens of thousands of megawatt battery factories must be created in parallel,” he said. Highlighting the use of natural resources to store energy for cars produced in our country, Ak said: “In our country there is nickel, cobalt, lithium and copper.

We mine these minerals, load them onto ships, refine them in other countries abroad, and then wait for them to make batteries and ship them to us. In order to achieve our energy independence, the mining industry must be incentivized.

“Minerals need to be refined and turned into metal here and then in factories into raw materials and then into industrial energy for batteries and vehicles.” he said.

Ak underlined that if you focus on these investments, financing can be found from world banks and European banks. Stating that there is a wind of change in the sector, Ak said, “This change consists of three pillars.

The first is that investment in renewable energy needs to be accelerated. “If we want to achieve our goals, next year we need to make 1.5 times the investment we have invested in the last 10 years,” he said.

Emphasizing that the transition to electric vehicles is the second stage, Ak said: “When you go from petroleum-powered vehicles to an electric vehicle system, the entire distribution and production system has to change. “There is also serious support for electric vehicles in terms of special excise duty,” he said.

“We will accelerate investments in hybrid power plants and RES”

Gama Energy CEO Tamer Çalışır said that they are trying to make new investments by using internal resources effectively.

Emphasizing that they plan to accelerate new investments, Çalışır said: “From 2021, our repayments are better than we expected.

“We plan to accelerate new investments in renewable energy, including hybrid power plants, increasing wind farm capacity and increasing capacity in the water transport project in Jordan.”

Referring to the problems of the energy sector, Çalışır said that prices should remain at the most affordable level for the end user, and energy price increases should not be reflected at certain points.

Çalışır said: “On the other hand, it is planned to move to cost-based production and consumption and ensure that resources that have the ability to pay produce and consume at real costs.

After this transition is made, there will be relief in the market. However, the most important element will be to increase efficiency,” he said.

“The biggest hurdle is finding funding”

Stating that the biggest obstacle to investment is finding financing, Çalışır said, “Financing is an expensive tool around the world.

It is very important to ensure easy access to this. It is necessary not to expect a return on investment as fast as it has been so far and to spread it over a long period of time.

This means clearly presenting the income and moving to a structure that can be financed. As a procedure, it is necessary to make a facilitating decision and proceed accordingly.

“If finding a real investor ensures a suitable environment, especially the arrival of foreign investors, it will be a very important element for us,” he said.

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