’Green’ projects to be supported in Turkey
Güncelleme Tarihi:
Anatolia News Agency
Oluşturulma Tarihi: Nisan 10, 2009 00:00
ISTANBUL - The Industrial Development Bank of Turkey, or TSKB, and the French Development Agency, or AFD, signed a memorandum of understanding yesterday to support "green" projects aimed at reducing greenhouse gas emissions in Turkey. The TSKB did not give information about the budget to fund green projects under the agreement.
However, AFD's CEO Jean Michel Severino said that the French agency would grant 5 billion euros in loans for projects across the world and that it had decided to allocate 200 million euros for the Turkish banking industry this year.
TSKB Director-General Halil Eroğlu said his bank had funded 71 renewable energy projects in Turkey that amounts to 2,255 megawatts, or 15 percent of Turkey's overall renewable energy capacity. The AFD has provided 800 million euros of financing for projects in Turkey, including a natural gas power plant in northern Turkey, a wind farm in western Turkey and a hydroelectric power plant in eastern Turkey.
TSKB Director-General Halil Eroğlu said his bank had funded 71 renewable energy projects in Turkey that amounts to 2,255 megawatts, or 15 percent of Turkey's overall renewable energy capacity. The AFD has provided 800 million euros of financing for projects in Turkey, including a natural gas power plant in northern Turkey, a wind farm in western Turkey and a hydroelectric power plant in eastern Turkey.