Türkiye has launched incentives and rules to attain a storage goal of 80 gigawatt-hours (GWh) by 2030, whereas the vitality sector’s agreements to determine cell and battery factories have exceeded $1 billion (TL 35 billion) this yr, based on a head of an area affiliation concerned within the battery sector on Monday.
Energy storage methods, rising as new gamers in put in capability, and the accompanying battery sector are attracting rising investments and curiosity globally.
Currently, Türkiye hosts two cell manufacturing services and almost 100 lithium-ion battery manufacturing services of assorted scales which might be actively working.
Aiming to determine 80 gigawatt-hours of capability by 2030, the nation aspires to turn out to be a regional hub for manufacturing and funding in battery applied sciences.
In July, the federal government introduced the “HIT-30” funding program, which provides complete assist and incentives for particular initiatives in high-priority expertise areas and develops tailor-made options to particular wants.
Following this system’s announcement, the battery sector skilled important momentum, with home and worldwide firms signing new agreements.
Kadem Usta, president of the Association of Battery Manufacturers and Suppliers (PILDER), evaluated the current developments within the battery sector over the yr in an interview with Anadolu Agency (AA).
Usta acknowledged that 2024 witnessed crucial developments, each within the world and Turkish battery sectors.
“Globally, steps to integrate renewable energy sources and recycling have come to the forefront, while in Türkiye, HIT-30 incentives and investment projects have been the main drivers supporting the sector,” Usta mentioned.
“Within the scope of the HIT-30 incentives, significant support for battery production and energy storage systems has been announced. These incentives have accelerated investments in the sector,” he added.
Moreover, he highlighted that six agreements signed this yr between home and overseas companies would set up new factories with cell and battery manufacturing capacities of as much as 5 gigawatt-hours in cities similar to Ankara, Kocaeli, Istanbul and Izmir.
“The agreements signed this year have exceeded $1 billion in value. With six new investments nationwide, the total number of battery production facilities will increase to 11,” he mentioned.
Pointing out that the authorized infrastructure for the operation of battery and vitality storage energy vegetation has not but totally taken form, Usta famous {that a} draft regulation has been revealed, however the first approvals are anticipated in 2025.
He famous that prime rates of interest had adversely affected funding selections in the course of the yr however famous that steps had been taken to attain long-term funding objectives.
In addition, Usta acknowledged that Türkiye’s battery imports are anticipated to stay on the identical degree as in 2023, amounting to roughly $1.1 billion. In distinction, battery export volumes are anticipated to rise from $39 million to $48 million by the top of the yr, marking a major improve.
He additionally recalled that the 2024 Battery Technologies Summit, organized by PILDER, introduced collectively home and worldwide firms, calling the occasion “highly productive.”
“Global battery companies also participated in the summit, creating opportunities for information sharing and inter-company collaborations. The highly productive summit further strengthened Türkiye’s position in the battery sector,” he famous.
Touching on the sector’s expectations for the approaching yr, Usta mentioned: “From 2025 onward, more companies, both domestic and international, are expected to join the sector through partnerships. These developments demonstrate the significant potential for enhancing Türkiye’s energy independence and competitiveness in the global market.”
He additionally introduced that PILDER would arrange the Battery Technology Summit in October 2025 at Gebze IT Valley, inviting everybody considering maintaining tempo with the battery sector’s developments to attend.
Source: www.dailysabah.com