Turkey yesterday launched a new certification system for green energy investment that looks to support and increase the country's clean energy power and boost the accessibility of renewable energy, Anadolu reports.
Energy and Natural Resources Minister Fatih Donmez said the Renewable Energy Guarantees of Origin (YEK-G) System and the Organized YEK-G Market will make a significant contribution to further the development of renewable energy sources.
"The new certification system will help support and increase the country's clean energy power," he added.
The system will also document the use of renewable energy sources for electricity production and consumption at all stages in power supply and distribution companies' sustainability reports.
Donmez confirmed that 100 participants had signed up for the system by yesterday.
Last week, the European Bank for Reconstruction and Development (EBRD) reported that Turkey's strategic position makes it a very important energy hub. Its position on the Southern Gas Corridor could help it become an exporter of green hydrogen to Europe.
Turkey's renewable capacity grew steadily, particularly over the last few years, and now accounts for about 45 per cent of the country's total electricity generation.