12 July 2021; MEMO: Energy giant BP, which has invested more than $500 million in Turkey in the last three years, is looking to focus on renewable energy in the country, local newspaper Sabah reports.
According to the report, BP Turkey Vice President Tumkan Isiltan said: "We have new investments on our radar in Turkey especially in terms of renewables in the age of COVID."
Turkey's renewables expansion in the post-COVID era, driven by hydro, wind, and solar energies, has positioned the western Izmir province as a leader in wind power and the central Anatolian province of Konya as a pioneer in solar energy.
Stating Turkey's huge renewable energy potential, Isiltan said: "This situation coincides with our goal of being a zero-emission energy company until 2050 and before. Especially considering the serious potential in solar and wind energy, the conditions in this field are considered."
"We want to take part as much as possible. On the other hand, we will continue our initiatives in Southern Gas Corridor (TANAP) pipeline areas," he added.
BP has been running 12 per cent of TANAP's pipeline construction.
Turkey is aiming to obtain two thirds of electricity from renewables by 2023.