Market Forecast By Type (Solar Photovoltaic (PV), Solar Thermal), By Application (Power Generation, Heating) And Competitive Landscape
| Product Code: ETC9825330 | Publication Date: Sep 2024 | Updated Date: Jan 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
According to 6Wresearch internal database and industry insights
Below mentioned are the evaluation of year-wise growth rate along with key drivers:
| Year | Est. Annual Growth (%) | Growth Drivers |
| 2021 | 6.9 | Major focus on renewable energy and government incentives for solar power usage. |
| 2022 | 7.4 | Expansion of solar power infrastructure, growing awareness on energy efficiency. |
| 2023 | 7.9 | Stronger government policies promoting green energy transition, and reduced costs of installation. |
| 2024 | 8.6 | New technologies in solar PV efficiency and higher demand for decentralized power systems. |
| 2025 | 9.1 | Large-scale investment in solar infrastructure, growing residential and commercial solar installations. |
The Turkey Solar Energy Market report thoroughly covers the market by type and application. It provides an unbiased and detailed analysis of ongoing market trends, opportunities, challenges, and market drivers, helping stakeholders align their strategies with current and future market dynamics.
| Report Name | Turkey Solar Energy Market |
| Forecast period | 2026-2032 |
| CAGR | 10.3% |
| Growing Sector | Renewable Energy |
Turkey Solar Energy Market is expected to witness major growth as the market is driven by government policies, increased awareness about renewable energy, and high demand for clean and eco-friendly energy solutions. The market is fuelled by new technological advancements in solar photovoltaic systems, less cost in solar energy installations, and favourable government policies such as subsidies and feed-in tariffs. These factors and Turkey ambitious goals for reducing carbon damages and increasing generation of renewable energy, are propelling the Turkey Solar Energy Industry in the forward direction.
Below mentioned are some prominent drivers and their impact on the Turkey Solar Energy Market dynamics:
| Drivers | Primary Segment Affected | Why It Matters (Evidence) |
| Government Renewable Energy Programs | All Segments | Programs such as YEKDEM and capacity allocation tenders encourage solar project development |
| Rising Electricity Demand | Power Generation | High demand for energy-efficient solutions in residential and commercial sectors is also increasing the usage of solar energy. |
| Domestic Solar Manufacturing | Solar Photovoltaic (PV) | New technologies in PV technology such as higher efficiency and lower prices are increasing the demand of solar panels. |
| Declining Solar Installation Costs | All Segments | Decreasing prices of solar panel production and installation are making solar energy more affordable and accessible. |
| Energy Import Reduction Goals | All Segments | High awareness about climate change and the environmental damage of traditional energy sources is pushing for consumers towards better options. |
Turkey Solar Energy Market is projected to grow at a CAGR of 10.3% from 2026 to 2032. Some major factors that are driving this growth are government support for adoption of renewable energy, a high demand for clean and eco-friendly energy solutions, and new technologies in solar technology. The demand for solar energy, particularly photovoltaic (PV) systems, is increasing in residential, commercial, and industrial sectors as Turkey aims to reduce its carbon footprint and meet eco-friendly energy targets. The growing usage of solar energy storage solutions and the expansion of solar power infrastructure are increasing the Turkey Solar Energy Market Growth.
Below mentioned are some major restraints and their influence on the Turkey Solar Energy Market dynamics:
| Restraints | Primary Segment Affected | What This Means (Evidence) |
| High Upfront Capital Requirement | Residential, Commercial | Investment for solar installations still remains high despite reducing costs, which can reduce some potential buyers in the market. |
| Grid Connection Constraints | Power Generation | Lack of available land in urban areas for large-scale solar power installations can reduce growth in this market. |
| Regulatory Approval Delays | All Segments | Strict laws for installations and integration of grid processes can reduce projects and add difficulty in market entry. |
| Land Availability Challenges | Solar Power Generation | Less solar power due to worse weather conditions can reduce the consistency and reliability of energy supply. |
| Currency Fluctuations | All Segments | Existing grid infrastructure is not capable of handling the increased solar power input. |
Turkey Solar Energy Market faces many challenges such as the high investment for solar panel systems, the demand for suitable land for large-scale installations, and the regulatory laws that can delay approvals of solar project. The variability in weather can reduce the efficiency of solar photovoltaic systems, particularly in those areas which have inconsistent sunlight exposure. Despite all these challenges, the government's support and new technological advancements continue to drive the market in the forward direction
Major trends that are changing the Turkey Solar Energy Market dynamics are:
Some new investment opportunities in the Turkey Solar Energy Industry are:
Below is the list of prominent companies leading in the Turkey Solar Energy Market:
| Company Name | Kalyon Enerji |
|---|---|
| Established Year | 1974 |
| Headquarters | Istanbul, Turkey |
| Website | Click Here |
Kalyon Enerji is a leading renewable energy company in Turkey, actively developing large-scale solar power projects and integrated solar manufacturing facilities.
| Company Name | Zorlu Enerji |
|---|---|
| Established Year | 1993 |
| Headquarters | Istanbul, Turkey |
| Website | - |
Zorlu Enerji focuses on renewable power generation, including solar energy projects, supporting Turkey’s clean energy transition.
| Company Name | Enerjisa Enerji |
|---|---|
| Established Year | 1996 |
| Headquarters | Istanbul, Turkey |
| Website | Click Here |
Enerjisa Enerji operates renewable power assets and invests in solar energy projects for sustainable electricity generation.
| Company Name | CW Enerji |
|---|---|
| Established Year | 2010 |
| Headquarters | Antalya, Turkey |
| Website | Click Here |
CW Enerji is a major domestic solar panel manufacturer supplying photovoltaic solutions for residential, commercial, and utility-scale projects.
| Company Name | GÜRİŞ Holding |
|---|---|
| Established Year | 1958 |
| Headquarters | Ankara, Turkey |
| Website | Click Here |
GÜRİŞ Holding develops renewable energy projects, including solar power plants, supporting sustainable energy infrastructure.
According to Turkey’s government data, many initiatives have been started that supports the development of solar energy. The Renewable Energy Resources Support Mechanism (YEKDEM) offers feed-in tariffs for many solar power producers. The YEKA (Renewable Energy Resource Areas) program promotes large-scale solar projects with local manufacturing need. The incentives for rooftop solar and unlicensed power generation increase private investments and support Turkey’s goals of renewable energy expansion.
Turkey Solar Energy Market is expected to continue its growth in the upcoming years due to increasing investments in solar infrastructure, favourable government policies, and new technological advancements in solar systems. The decrease in solar installation prices and the increasing use of energy storage systems will likely to push this market’s growth. The market will likely to benefit from increased residential installations, large-scale solar projects, and expanding use of solar thermal solutions. Government policies, such as subsidies and feed-in tariffs and a decline in solar installation prices are further developing the market.
The report offers a comprehensive study of the following market segments and their leading categories:
According to Lakshita, Senior Research Analyst, 6Wresearch, Solar Photovoltaic (PV) Systems dominate the Turkey Solar Energy Market Share due to their scalability, cost-effectiveness, and suitability for both utility-scale and rooftop applications. PV technology is also used in residential, commercial, and power generation sectors which is supported by reducing module prices and improved efficiency levels which makes it the leading segment in Turkey.
Power Generation is the dominant application segment as Turkey increasingly depends on solar energy to diversify its power mix and fulfil renewable energy targets. Large-scale solar plants and grid-connected projects contribute majorly in electricity generation which makes this segment the main contributor to overall market growth.
The report offers a comprehensive study of the following Turkey Solar Energy Market segments:
| 1 Executive Summary |
| 2 Introduction |
| 2.1 Key Highlights of the Report |
| 2.2 Report Description |
| 2.3 Market Scope & Segmentation |
| 2.4 Research Methodology |
| 2.5 Assumptions |
| 3 Turkey Solar Energy Market Overview |
| 3.1 Turkey Country Macro Economic Indicators |
| 3.2 Turkey Solar Energy Market Revenues & Volume, 2022 & 2032F |
| 3.3 Turkey Solar Energy Market - Industry Life Cycle |
| 3.4 Turkey Solar Energy Market - Porter's Five Forces |
| 3.5 Turkey Solar Energy Market Revenues & Volume Share, By Type, 2022 & 2032F |
| 3.6 Turkey Solar Energy Market Revenues & Volume Share, By Application, 2022 & 2032F |
| 4 Turkey Solar Energy Market Dynamics |
| 4.1 Impact Analysis |
| 4.2 Market Drivers |
| 4.2.1 Increasing government support and incentives for solar energy projects in Turkey |
| 4.2.2 Growing environmental awareness and focus on renewable energy sources |
| 4.2.3 Technological advancements in solar panel efficiency and energy storage solutions |
| 4.3 Market Restraints |
| 4.3.1 High initial investment costs for solar energy installations |
| 4.3.2 Lack of grid infrastructure for efficient integration of solar power |
| 4.3.3 Regulatory uncertainties and changing policies affecting the solar energy market in Turkey |
| 5 Turkey Solar Energy Market Trends |
| 6 Turkey Solar Energy Market, By Types |
| 6.1 Turkey Solar Energy Market, By Type |
| 6.1.1 Overview and Analysis |
| 6.1.2 Turkey Solar Energy Market Revenues & Volume, By Type, 2022- 2032F |
| 6.1.3 Turkey Solar Energy Market Revenues & Volume, By Solar Photovoltaic (PV), 2022- 2032F |
| 6.1.4 Turkey Solar Energy Market Revenues & Volume, By Solar Thermal, 2022- 2032F |
| 6.2 Turkey Solar Energy Market, By Application |
| 6.2.1 Overview and Analysis |
| 6.2.2 Turkey Solar Energy Market Revenues & Volume, By Power Generation, 2022- 2032F |
| 6.2.3 Turkey Solar Energy Market Revenues & Volume, By Heating, 2022- 2032F |
| 7 Turkey Solar Energy Market Import-Export Trade Statistics |
| 7.1 Turkey Solar Energy Market Export to Major Countries |
| 7.2 Turkey Solar Energy Market Imports from Major Countries |
| 8 Turkey Solar Energy Market Key Performance Indicators |
| 8.1 Average capacity utilization rate of solar energy installations in Turkey |
| 8.2 Growth rate of installed solar energy capacity in megawatts |
| 8.3 Percentage of energy consumption in Turkey met by solar energy sources |
| 9 Turkey Solar Energy Market - Opportunity Assessment |
| 9.1 Turkey Solar Energy Market Opportunity Assessment, By Type, 2022 & 2032F |
| 9.2 Turkey Solar Energy Market Opportunity Assessment, By Application, 2022 & 2032F |
| 10 Turkey Solar Energy Market - Competitive Landscape |
| 10.1 Turkey Solar Energy Market Revenue Share, By Companies, 2025 |
| 10.2 Turkey Solar Energy Market Competitive Benchmarking, By Operating and Technical Parameters |
| 11 Company Profiles |
| 12 Recommendations |
| 13 Disclaimer |
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