Rooftop solar panels

Rooftop solar panels

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Rooftop solar panels
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

Investments in rooftop solar energy panels for domestic or commercial use

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).
15% - 20% (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.
Installed capacity of solar power in the country
Average Ticket Size (USD)Describes the USD amount for a typical investment required in the IOA.
USD 500,000 - USD 1 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 21) UNDP Turkey, SDG 7, https://www.tr.undp.org/content/turkey/en/home/sustainable-development-goals/goal-7-affordable-and-clean-energy.html
IOA Sources
  • 6) Anadolu Agency, https://www.aa.com.tr/en/energy/renewable/turkey-set-to-be-among-europes-top-5-renewable-leaders/27069 7) Solar 3GW's Turkish Solar Energy Sector Report, 2020. 8) UNDP Sustainable Development Goals, Goal 7: Affordable and Clean Energy , https://www.undp.org/content/undp/en/home/sustainable-development-goals/goal-7-affordable-and-clean-energy.html 9) Solar Power Europe, Solar Fact Sheet, https://www.solarpowereurope.org/solar-factsheets-sustainability/ 10) Global Energy Network Instiitute, https://www.geni.org/globalenergy/research/renewable-energy-potential-of-turkey/100-re-for-turkey-2020.pdf 11) Ministry of Foreign Affairs, Turkey's Energy Profile and Strategy, http://www.mfa.gov.tr/turkeys-energy-strategy.en.mfa 12) Berkeley University, Residential Solar Panels and Their Impact on the Reduction of Carbon Emissions by Mashail S. Arif, https://nature.berkeley.edu/classes/es196/projects/2013final/ArifM_2013.pdf 13) Elektrik Dağıtım Hizmetleri Derneği, Sector News, http://www.elder.org.tr/ebulten/bulten257.html 14) SDG Index & Dashboard, 2020, https://dashboards.sdgindex.org/profiles/TUR/indicators 15) SDG Tracker, 2020, https://sdg-tracker.org/ 16) 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 17) Mondaq, Turkey: Renewable Energy: A Quick Guide To Turkish Regulatory Framework, https://www.mondaq.com/turkey/renewables/597240/renewable-energy-a-quick-guide-to-turkish-regulatory-framework 18) Statement by DIBT CEO, 2019. https://www.hurriyet.com.tr/ekonomi/bolgesel-kalkinma-fonu-ile-teknoloji-ve-inovasyon-fonu-kuruldu-414047 19) Investment Office, 2020, https://www.invest.gov.tr/en/sectors/pages/energy.aspx 20) IRENA, Renewable Energy: A Gender Perspective, 2019, https://www.irena.org/publications/2019/Jan/Renewable-Energy-A-Gender-Perspective 22) Solar 3GW, 2020. Turkish Solar Energy Sector Report. 23) Turkis Statistical Services, 2021. https://cip.tuik.gov.tr/#.