Recently, Renewable Energy Resource Areas Regulation (herein will be referred to as the “Regulation”) has been published on the Official Gazette. The Regulation aims to produce investments and sustainable use of renewable energy for electricity generation.
Regulation is providing the details on how the RERAs will be made accessible to investors. Investors investing in RERAs will be granted a purchase guarantee provided under the RERA Usage Right Agreement.
The Regulation is significant as it is an indicator of Turkey’s policies of creating a welcoming atmosphere for investors in renewable energy sector.
Please contact our team if you wish to obtain detailed information on Turkish energy laws and regulations.
