Turkcell to Invest Around USD 240 Million for Renewable Power

Turkcell announced its plans to install solar power plants (SPP) with a collective installed capacity of 300 MW, employing a self-consumption model within the next three years.

Highlights

  • Turkcell aims to source 100 percent of its energy from renewables by 2030.
  • Solar projects, wind power acquisition, and solar panel integration showcase Turkcell's sustainability commitment.
  • An allocated capacity of 213 MW solidifies Turkcell's renewable energy goals

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Turkcell to Invest Around USD 240 Million for Renewable Power
In a move towards sustainability, Turkcell Group has unveiled plans to source 100 percent of its energy consumption from renewable sources by 2030. With a focus on energy efficiency and environmental consciousness, the Turkish telecommunications giant said it has implemented sustainability solutions in the sector.

Also Read: Turkcell Records Highest Postpaid Subscriber Addition in 13 Years




Achievements Reflecting Commitment

Turkcell highlighted recent achievements that reflect its commitment to this vision, including solar energy projects for data centers and offices, the acquisition of an 18 MW Karadag Wind Power Plant in 2021, and the integration of solar panels across approximately 735 base stations.

Solar Power Plants on the Horizon

Looking ahead, Turkcell announced its plans to install solar power plants (SPP) with a collective installed capacity of 300 MW, employing a self-consumption model within the next three years. In line with the same objectives, TEIAS and regional Electricity Distribution companies have already allocated a total installed capacity of 213 to Turkcell.

Also Read: Telia Estonia Partners With Sunly to Operate 100 Solar Powered Mobile Sites

Investment Outlook and Goals

While ongoing efforts are being made to secure new capacity permits, the company foresees an investment of around USD 240 million for these energy projects, considering current economic and macro indicators.

Also Read: Zain KSA and Red Sea Global Launch Net-Zero 5G at the Red Sea

Turkcell stated that upon the completion of these investments, it aims to have renewable sources cater to approximately 65 percent of its electricity needs by 2026. This pursuit of Turkcell aligns with global initiatives to curb carbon emissions and usher in a greener era.

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Telecom Analyst

Passionately following the Indian #Telecom Industry for over a decade from Business, Consumer and a Technical perspective. My primary focus area is Consumer & Digital Experience.

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