A British export credit agency will provide financing for
Turkey's largest solar facility in central Konya province, which will provide
electricity to approximately 2 million Turkish households and prevent 1.5
million tons of carbon emissions.
Britain's export credit agency UK Export Finance (UKEF)
would provide over 217 million British pounds ($291.04 million) of government
backing for the construction of Turkey's largest solar facility, in its
largest-ever guarantee for a solar project. Turkey's Kalyon Enerji's 1.35
gigawatts (GW) Karapınar solar project will deliver clean electricity to
approximately 2 million Turkish households when completed in late 2022.
"With over 200 million pounds worth of backing, we are helping to bring
solar energy to 2 million Turkish households," International Trade
Secretary Anne-Marie Trevelyan said in the statement. "UKEF's financing
encourages other countries to invest in renewable energy and opens new markets
for U.K. businesses that will power a recovery underpinned by green jobs."
Turkey currently ranks 13th globally and seventh in Europe with 7,154 megawatts
(MW) of solar capacity.