ARTICLE
27 September 2016

Turkey Grants Temporary Incentive To Solar Panel Imports

MA
Moroglu Arseven

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Turkey's Ministry of Economy has temporarily expanded government incentives to also include solar panel imports made within solar energy power investments.
Turkey Energy and Natural Resources

Turkey's Ministry of Economy has temporarily expanded government incentives to also include solar panel imports made within solar energy power investments. Incentives are temporarily available to solar panel imports supplied or loaded for shipping before 25 June 2016 in certain circumstances. Qualifying importers have until 26 September 2016 to apply to the Ministry of Economy for the incentive.

Accordingly, solar panels are eligible for the incentive if they meet either of the following conditions:

  • Supplied before 25 June 2016 by companies holding a license (or provisional license) from the Energy Market Regulation Authority.
  • The investor company loaded the solar panels for shipping to Turkey before 25 June 2016, with a freight certificate.

Please see this link for full text of Communiqué No. 2016/3, published in Official Gazette number 29814 on 27 August 2016 (only available in Turkish).

Information first published in the MA | Gazette, a fortnightly legal update newsletter produced by Moroğlu Arseven.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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