UK Export Finance (UKEF), a credit institution owned by the British government, announced that a loan of $291.04 million was given for the Karapınar Solar Power Plant in Konya. This loan will enable the completion of Turkey’s largest solar power plant.
Turkey is one of the countries that attaches importance to clean energy production. Some studies on this issue also reveal how determined our country is on this issue. For example, the ongoing construction in Konya Karapınar Solar Power Plant (GES). The power plant, which is stated to be the fifth largest in the world, will be operational when it begins to operate. 2 million citizens has the potential to meet the electricity demand.
According to the statements made by the authorities, the project with a capacity of 1.35 GW, To be completed in 2022. Of course, a serious budget is required to complete this project. Here is a new development on this issue. British government credit agency UK Export Finance (UKEF)to Turkey to complete the project. $291.04 million announced support.
With Karapınar, 1.5 tons of carbon emissions will be prevented
Karapınar Solar Power Plant, undertaken by Kalyon Energy, established within the body of Kalyon Holding, 1.5 tons of carbon emissions will prevent it. Moreover, thanks to this project, Turkey’s share of electricity generation from solar energy, will increase by 20%.
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In the statements made by UKEF, the support given to Turkey that it is important expressed. The authorities of the institution allow 2 million people to use clean energy with the 291.04 million dollars loan given to Turkey. to be helped specified. In addition, it was underlined that with this decision, companies working on clean energy in the UK will enter new markets.
Source :
https://www.reuters.com/business/energy/british-export-credit-agency-finance-turkeys-biggest-solar-energy-plant-2021-11-15/