Mare Manastir Wind Farm Expansion
Sector: Wind • Location: Turkey
Source: World Bank Group
The project envisages the expansion of the existing Mare Manastir 42.4 MWm (39.2 MW) wind farm in Izmir, Turkey. The expansion work will add further 13.8 MWm (12.8 MW) to the facility.
Under Turkish policy for renewable energy the national grid is obliged to purchase the output. Moreover, the plant may sell electricity to the spot market as well.
The project reached financial closure on December
- Status
- Prospective
- Sector
- Wind, Raw Materials, Power Generation (CCGT), Government, Commercial
- Location
- Turkey
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency | |
Company |
Status
Original status | active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The project envisages the expansion of the existing Mare Manastir 42.4 MWm (39.2 MW) wind farm in Izmir, Turkey. The expansion work will add further 13.8 MWm (12.8 MW) to the facility. Under Turkish policy for renewable energy the national grid is obliged to purchase the output. Moreover, the plant may sell electricity to the spot market as well. The project reached financial closure on December 23 2016 after tyiing up funds from Garanti Bank amounting to EUR 9.7 million ($10.1 million). Equity contribution equals $6.6 million split equally between the two sponsors - Demirer Holding and Enercon GmbH. |
Original sector | Energy |
Budget |
Location
Country | Turkey |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Wind, Raw Materials, Power Generation (CCGT), Government, Commercial |
Article published date | 2024-09-27 |
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