Archive: November 2020

The Energy Market Regulatory Authority (“EMRA”) issued the Regulation on Renewable Energy Resource Guarantee Certificates in the Electricity Market (the “Regulation”) on November 14, 2020.

On November 6, 2020 the Ministry of Environment and Urban Planning (the “Ministry”) has introduced amendments to the Environmental Permit and License Regulation (the “Regulation”) to include geothermal power plants (“GPPs”) with an installed capacity of 5MW or more in Annex 2 of the Regulation.

Turkish project developers and investors have a growing appetite for new business opportunities in Latin American countries, which continue to offer bankable projects.

On October 9, 2020, the Turkish Ministry of Trade (the “Ministry”) made a number of significant amendments to the applicable legal framework relating to the general assembly meetings of joint stock companies.