flow battery system project financing options in Turkey 2025

By GreenTech Insights · · >5 min read

Is Türkiye ready for a new battery industry in ?

Looking ahead to , Usta predicted an influx of new companies, both domestic and foreign, joining the industry, a testament to Türkiye's potential for energy independence and global competitiveness. The association is set to host another battery summit in October next year.

Will Türkiye's battery and storage power plants be approved next year?

However, Usta noted that despite draft regulations, the legal framework for battery and storage power plants is still evolving. The first approvals are expected next year. Türkiye’s battery imports remained steady at around $1.1 billion, similar to last year.

How many battery production facilities are there in Turkey?

New facilities capable of producing up to 5 gigawatt-hours of cells and batteries will be established in Ankara, Istanbul, Izmir, and Kocaeli, Usta said, adding that agreements signed this year alone exceeded $1 billion in investments. With these new additions, the total number of battery production facilities in Türkiye will reach 11.

Will Türkiye get a battery approval next year?

The first approvals are expected next year. Türkiye’s battery imports remained steady at around $1.1 billion, similar to last year. Usta forecasted that exports would rise from $39 million to $48 million by the end of the year.

Is Polat Enery Turkey's largest battery energy storage system?

Once commissioned, the facility will be Turkey’s largest battery energy storage system. Polat Enery is an established renewables developer in Turkey, owning approximately 6% of the country’s installed wind energy capacity with a cumulative power output of around 660 MW.

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He noted that the legal infrastructure for the operation of battery and energy storage plants is not yet fully developed, and while a draft regulation has been issued, the first

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flow battery system project financing options in Turkey 2025

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