Danish wind energy company Vestas will maintain its position in the Turkish wind market and continue advocating for the development of this industry, according to Olcayto Yigit, general manager of Vestas Turkey.
Yigit told Anadolu Agency that Vestas' experience of more than 35 years in the wind industry is unique being the only company among global energy companies that focuses solely on wind energy.
"Vestas, which has been leading the global wind energy market since 1979, is the leader of the global market with wind turbine installations with more than 82 GW installed in 76 countries. In Turkey we have reached 1,434 MW by the end of 2016," he said.
Vestas' investment inflow is continuous, Yigit explained.
"Looking into the future, Turkey is a very good example of our ’Profitable Growth in Emerging Markets’ strategy. We will maintain our position in the Turkish wind market and continue advocating for the development of this industry," he said, and noted that wind energy has proven to be a very competitive energy source.
"We will continue driving the cost of energy down in order to provide our customers with cost-effective solutions and certain return on their investments," he stressed.
Yigit reminded that in line with Europe's policy of reducing fossil fuel usage, renewable energy sources accounted for 86 percent of the power sources that participated in the European electricity network last year.
He added that in EU countries, 86 percent of the capacity of 24.5 GW, which was established in 2016, constituted renewable energy sources and in 2014 this exceeded 79 percent of renewable energy.
"As a result of these developments, it is obvious that the aim is to increase the share of renewable energy as much as possible," Yigit said.
The Vestas manager also noted that the U.S. was the company's most important market in terms of installed capacity and order intake in 2016.
"So it is indeed a key country for Vestas. We will not speculate about U.S. politics, but we do expect that the longer-term certainty that the production tax credit (PTC) phase-out represents will continue," he said and added, "However, wind energy has broad bipartisan support because of the proven ability to bring down energy costs, build a domestic manufacturing base and supply chain and create jobs across the country."
(Anadolu Agency)
