EnerjiSA, the energy group of one of Turkey’s largest business conglomerates, Sabancı Holding, and its Austrian partner Verbund inaugurated a wind farm in Turkey’s northwestern province of Çanakkale on Saturday.
Speaking at the opening ceremony, Energy and Natural Resources Minister Taner Yıldız said the government was prepared to provide the necessary support for private sector renewable energy projects. The 90 megawatt power plant is the first of a series of wind farms EnerjiSA plans to construct in 2011, Sabancı CEO Güler Sabancı told reporters. “We expect to reach 300 megawatts in wind power in Turkey and we will be launching a 100-150 megawatt project soon. We have confidence in Turkey’s competitive energy market,” Sabancı said.
Verbund Deputy CEO Johann Sereinig added that the Verbund-Sabancı partnership was the largest private energy investment in Turkey, at over 2.4 billion euros. “We could not have made these investments had it not been for Turkey’s unique investment opportunities,” he said. In 2010 alone, the total size of renewable energy investments reached 4,000 megawatts in Turkey, the highest amount reached in one year in the country’s history.