DM Monitoirng
Ankara: Turkey started attracting more investment in terms of renewables with global energy giant BP, which has already invested more than $500 million in the country in the last three years and has now focused on the emerging field.
The company has been operating in Turkey for over 100 years and is determined to continue its growth with new investments, BP Turkey Country Head Tümkan Işıltan said, stating that renewable energy sources have increased in Turkey’s energy portfolio in recent years.
“This also came in accordance with our goal of being a zero-emission energy company by 2050,” he said.“Especially considering the serious potential in solar and wind energy, we want to be involved in this field as much as possible.”
Stating that Turkey is a market where BP wants to grow with new investments, Işıltan said that within the scope of BP’s new strategy, investment opportunities in new business lines in the energy field “are always on our radar.”
Işıltan said that investment performances of the last three years showed their confidence in Turkey.
“We believe in our country; our investments will continue rapidly,” he said.
BP Turkey reaches its customers with 755 fuel stations across the country.
