News archive of March 2024
Türkiye’s solar power capacity exceeds 12,000 MW
Türkiye's installed solar power capacity surpassed the 12,000 megawatts (MW) mark for the first time, reaching 12,425 MW as of February, according to a statement by the Energy and Natural Resources Ministry.
The share of renewable energy in electricity production was over 51 percent in the first two months of 2024, the statement added.
Foreign trade deficit shrinks 44 percent in February
The foreign trade deficit declined by 44.2 percent in February from a year ago, data from the Turkish Statistical Institute (TÜİK) has shown.
The country's exports rose by 13.6 percent year-on-year to $21.08 billion, while imports plunged 9.2 percent to $27.85 billion, leading to a foreign trade deficit of $6.77 billion.