Domestic solar energy component production

Solar Energy

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Domestic solar energy component production
SectorMost major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Renewable Resources and Alternative Energy
Alternative Energy
Business Model Description

Investing in the domestic production of solar energy components: Producing tempered glass, solar cells, back sheet, EVA, junction box, inverters, and frames for solar energy.

Expected Impact

This IOA will increase the share of renewable resources in the domestic energy portfolio and contribute to energy security while reducing energy-related CO2 emissions.

Indicative ReturnDescribes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
10% - 15% (in IRR)
Investment TimeframeDescribes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Medium Term (5–10 years)
Market SizeDescribes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
> USD 1 billion
Average Ticket Size (USD)Describes the USD amount for a typical investment required in the IOA.
USD 1 million - USD 10 million
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Affordable and Clean Energy (SDG 7)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
Climate Action (SDG 13) Decent Work and Economic Growth (SDG 8)
Sector Sources
  • 1) Sustainable Development Report Dashboard 2020, OECD Members, Turkey, https://dashboards.sdgindex.org/?fbclid=IwAR1tzYVKRXvPD2mwfvhf-mLTGGQEjA76y_HlrprWhSzNYZcqrLZMLXzRIcI#/TUR 2) 2020 Annual Presidential Program, http://www.sbb.gov.tr/wp-content/uploads/2019/11/2020_Yili_Cumhurbaskanligi_Yillik_Programi.pd f 3) 11th Development Plan http://www.sbb.gov.tr/wp-content/uploads/2020/03/On_BirinciPLan_ingilizce_SonBaski.pdf 4) Sustainable Development Goals Evaluation Report, http://www.surdurulebilirkalkinma.gov.tr/wp-content/uploads/2020/03/Surdurulebilir-Kalkinma-Amaclari-Degerlendirme-Raporu_13_12_2019-WEB.pdf 5) Ministry of Energy and Natural Resources 2019-2023 Strategic Plan, http://www.sp.gov.tr/upload/xSPStratejikPlan/files/LBigi+ENERJI_VE_TABII_KAYNAKLAR_BAKANLIGI_2019-2023_STRATEJIK_PLANI.pdf 6) Investment Office, 2020, https://www.invest.gov.tr/en/sectors/pages/energy.aspx 7) The National Strategy for Regional Development https://www.resmigazete.gov.tr/eskiler/2015/03/20150324M1-1-1.pdf
IOA Sources
  • 8) Allied Market Research, Solar Energy Markets, https://www.alliedmarketresearch.com/press-release/solar-energy-market.html 9) Solar 3GW's Turkish Solar Energy Sector Report, 2020. 10) International Energy Agency, Country Report: Turkey Status of the Market for Solar Thermal Systems, https://www.iea-shc.org/country-report-turkey "11) SDG Index & Dashboard, 2020, https://dashboards.sdgindex.org/profiles/TUR/indicators " 12) SDG Tracker, 2020, https://sdg-tracker.org/ 13) PwC, Turkey’s Renewable Energy Sector from a Global Perspective, https://www.pwc.com.tr/tr/publications/industrial/energy/assets/renewable-report-11-april-2012.pdf 14) Mondaq, https://www.mondaq.com/turkey/Energy-and-Natural-Resources/657104/Functional-Transformation-Of-Domestic-Manufacturing-Incentives-In-Renewable-Energy-Production 15) Presidency of the Republic of Turkey Investment Office, https://www.invest.gov.tr/en/library/publications/lists/investpublications/guide-to-investing-in-turkish-renewables-energy-sector.pdf "16) Statement by DIBT CEO, 2019. https://www.hurriyet.com.tr/ekonomi/bolgesel-kalkinma-fonu-ile-teknoloji-ve-inovasyon-fonu-kuruldu-41404794 " 17) IRENA, Renewable Energy: A Gender Perspective, 2019, https://www.irena.org/publications/2019/Jan/Renewable-Energy-A-Gender-Perspective 18) International Labor Organization Statistics, 2021 https://ilostat.ilo.org/data/country-profiles/ 19) UNDP Turkey, SDG 7, https://www.tr.undp.org/content/turkey/en/home/sustainable-development-goals/goal-7-affordable-and-clean-energy.html