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The European inverter market for renewable energy systems is currently at a growth stage and is poised for a medium growth. The solar inverter segment dominates the renewable inverter market with majority of the revenue coming from this segment. The wind inverter segment is comparatively small, and the fuel cell inverter segment is the smallest amo...

30 Dec 2015  |  Europe  |  Market Research

Turkish Solar Power Market

Small-scale Installments Driving Momentum

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The Turkish solar power market is at an early growth stage, and high future growth is promising. In terms of irradiation rates, solar power in Turkey is expected to grow rapidly in the medium term. Government incentives such as guarantees of purchase and feed-in-tariffs are the main drivers for the market. The government has made efforts to overcom...