Turkey Solar Energy - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025 - 2030)

Turkey Solar Energy Market Analysis

The Turkey Solar Energy Market size in terms of installed base is expected to grow from 23.5 gigawatt in 2025 to 60 gigawatt by 2030, at a CAGR of 20.62% during the forecast period (2025-2030).

Installation momentum comes from the national 2053 net-zero pledge, rising fossil-fuel import costs, and the country’s bid to supply clean power to European and Middle Eastern grids. Investors also respond to a government “super permit” that trims project approvals to under 24 months, while the steady drop in utility-scale solar LCOE below USD 70/MWh strengthens project economics. Local manufacturing expands on the back of domestic content premiums, buffering projects against TRY-USD volatility. These forces together reinforce Turkey’s position as a regional solar manufacturing and generation hub within the wider Turkey solar energy market.

Turkey Solar Energy Market Trends and Insights

Net-metering expansion & rooftop mandate roll-outs

Monthly net metering lets households and factories offset rising electricity tariffs, shrinking payback periods to under five years. Rooftop potential stands near 120 GW, six times the installed capacity, and unlicensed systems below 5 MW already dominate new connections in Istanbul and Ankara. Distribution operators warn of reverse-power flows at midday, but digital inverters and smart meters ease the impact. The Turkey solar energy market benefits from streamlined rooftop permits requiring only a single distribution company sign-off. A tightening EU CBAM schedule further pushes exporters to self-generate clean power under these rules.

Declining levelised cost of PV electricity (LCOE) in Turkey

Utility-scale bids under USD 70/MWh have become routine, putting solar below natural-gas peaking costs and locking in 15-year fixed tariffs attractive to financiers. Falling module prices and abundant 7.2 daily sun-hours give developers a durable margin advantage. Local content bonuses under the Yerli Üretim program cut effective capex another 4–6%. Coupled with storage cost drops, the Turkey solar energy market records the first banked hybrid PV-battery project for an industrial park in Izmir. LCOE parity now extends to small commercial rooftops as well.

Grid curtailment caps in high-solar provinces

Rapid solar build-outs outstrip transmission upgrades, forcing the system operator to cap output during noon peaks. Curtailment averages 4% in Konya and up to 7% on high-irradiation spring days. Project cash flows weaken because the operator offers no compensation. Developers reply by oversizing inverters to harvest more energy during off-peak hours and bundling battery storage to absorb excess generation. Policy plans to expand 400 kV lines south-north promise relief after 2027, but near-term growth stays curtailed.

Other drivers and restraints analyzed in the detailed report include:

1. Green hydrogen pilots anchoring utility-scale PPAs
2. EU Carbon Border Adjustment Mechanism (CBAM) accelerating export-oriented PV adoption
3. TRY-USD FX volatility squeezing imported balance-of-system costs

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Solar Photovoltaic installations accounted for 99.4% of Turkey's solar energy market share in 2024, dwarfing the 0.6% held by Concentrated Solar Power. Utility-scale PV delivered bids below USD 70/MWh, while CSP remains capital-intensive, limiting new project announcements. The 1,350 MW Karapinar complex exemplifies gigawatt-scale PV and anchors 3 million kWh of annual generation. Under current tender rules, Solar PV is projected for a 21% CAGR by 2030, lifting the Turkey solar energy market size for PV systems to roughly 60 GW by the end of the forecast window. In contrast, CSP adoption stays niche, though hybrid concepts that pair PV with thermal storage could still emerge after 2028.

CSP plants need high direct normal irradiation and ample cooling water, both scarce in Turkey's semi-arid south. The domestic supply chain also aligns with PV, channeling USD 2.5 billion into cell and module lines rather than heliostat fields. That investment strengthens local job creation and feeds the Balkans and North Africa export pipeline. Technology suppliers expect module efficiencies to average 24% by 2030, yet tracker and inverter innovation will contribute an equal share of the next cost step-down. Through the decade, such advances guarantee Solar PV's dominance within the Turkey solar energy market.

The Turkey Renewable Energy Market Report is Segmented by Technology (Solar Photovoltaic and Concentrated Solar Power), End-User (Residential, Commercial and Industrial, and Utilities), and Component (PV Modules, Inverters, Mounting and Tracking Systems, and Balance-Of-System). The Market Size and Forecasts are Provided in Terms of Installed Capacity (GW).

List of Companies Covered in this Report:

1. Kalyon PV
2. Smart Güneş Teknolojileri (Smart Solar)
3. HT Solar Energy J.S.C
4. CW Enerji
5. Ankara Solar A.?.
6. Go Enerji
7. Solarturk
8. Zorlu Enerji
9. Asunim Group
10. SMA Solar Technology AG
11. Huawei Technologies Co., Ltd.
12. Fronius International GmbH
13. Sungrow Power Supply Co., Ltd.
14. ?nform Elektronik
15. Halk Enerji
16. Eko Renewable Energy Inc.
17. ATSCO Solar Panel Ltd.
18. Akfen Renewables
19. Enerjisa Enerji
20. Borusan EnBW Enerji

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support