The previous deadline for benefitting from the prices provided under Schedule 1 annexed to the Law regarding Usage of Renewable Energy Resources for the Generation of Electrical Energy (Law No: 5346) was 31 December 2020. With the enactment of the Decree, the generation facilities holding a generation license with a YEK certificate which will begin operations until 30 June 2021 will be able to benefit from such prices until 31 December 2030.
Similarly, the Decree provides that additional support will be given to generation facilities whose mechanical and/or electro-mechanical appurtenances are manufactured in Turkey and whose operations will commence between 1 January 2021 and 30 June 2021. This additional support will be provided for a period of five years as of the operational date of the generation facility. Prices set forth under Schedule 2 annexed to the Law regarding Usage of Renewable Energy Resources for the Generation of Electrical Energy will be implemented during such five years period.