Siemens may establish a wind energy production facility in Turkey

Siemens AG, one of the world’s biggest manufacturers of wind turbines, may establish a wind tribune rotor blade production facility in Turkey provided that demand for wind farm in Turkish markets continues at its current pace, Siemens Turkey CEO Hüseyin Gelis told Today’s Zaman in Çanakkale on Monday.

With an estimated 150,000 megawatts in electricity generation potential from wind power, together with new legislation on the horizon, Turkey offers great opportunities to sell equipment, technology and expertise to such global players as American renewable energy developer Renewable Energy Systems (RES), Russia’s state nuclear unit Rosatom reports Today’s Zaman.

Turkey has huge potential for wind power, with estimates ranging from 50,000 to as high as 150,000 megawatts in electricity generation. Such potential for wind energy, together with new legislation on the horizon, offers great opportunities for foreign investors interested in expanding into renewable energy markets of fast-growing economies such as Turkey.