Credit line for renewable energies and efficiency via Türkye Kalkinmar Bankasi (TKB)

completed

The credit line for renewable energies and energy efficiency via the TKB in Turkey is intended to provide a financing instrument to promote investments in the field of renewable energies and energy efficiency in Turkey. The objectives of the FC measure are (i) the realization of private investments, preferably with an innovative and pilot character in the Turkish renewable energies and energy efficiency sector and (ii) increasing security of supply by providing additional electricity generation capacities. The overarching development policy objective is (i) to reduce CO2 emissions in the energy sector and industry in Turkey and thus contribute to global climate protection and (ii) to promote innovative technologies in the field of renewable energies and energy efficiency in Turkey. The target group are private investors who carry out projects in the field of electricity generation from renewable energies and energy efficiency. The project indirectly targets companies along the value chain in the field of renewable energies, as well as the population who benefit from the investments in renewable energies promoted under the credit line.