Government subsidy for portable pv system in Turkey

With Decree n. 7189, published this week in the official gazette, the Turkish authorities have set a 10-year FIT of TRY 1.06/kWh for PV systems that installed between July 1, 2021, and Dec. 31, 2030.
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3 FAQs about [Government subsidy for portable pv system in Turkey]

Does Turkey offer a feed-in tariff subsidy?

In addition, PV projects installed with domestic PV modules in Turkey will receive an additional five-year feed-in tariff subsidy (FIT) of 0.2880 TL/kWh.

What are the current policies implemented in Turkey?

The current policies implemented in Turkey have been analyzed and compared with other countries. Increasing energy consumption, the rapid depletion of traditional resources, and the damage they cause to the environment direct countries to meet the needs with appropriate and environmentally friendly methods.

How does the VAT exemption affect PV power plants?

Compared to the original rate of 17%, this corresponds to an increase in the support feed-in tariffromby from $ 0.0032/kWh to $ 0.0065/kWh. The reduced portion of the tax will increase the efficiency ratby e 1–2% for the PV power station. Thus, VAT exemption encourages direct investments .

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