Home Tag "Turkey"

UPDATE 1-Turkey’s energy sector has $12-13 bln of problem loans – Garanti Bank executive

ISTANBUL: Turkey’s energy sector has $12-13 billion worth of loans that require restructuring, out of a total of $70 billion, lender Garanti Bank’s deputy managing director Ebru Edin said on Thursday. Last month, Finance Minister Berat Albayrak unveiled a plan to transfer some of the banking sector’s problem loans to off- balance-sheet funds, two of […]

EkoRE breaks ground on 1 GW vertically integrated module factory in Turkey

The groundbreaking ceremony of annual 1 GW solar panel vertically integrated production facility was held on March 11, 2019 with participation of Energy and Natural Resources Minister of Turkey Mr. Fatih Dönmez’s in Bor Organized Industrial Zone of Niğde. The company also revealed that on April 9, the project was awarded “special project” status under […]