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Challenges and Opportunities for Renewable Energy Entrepreneurs in Turkiye: The Case of Solar Energy

In: Energy Entrepreneurship, Sustainability, Innovation and Financing

Author

Listed:
  • Yelda Erden Topal

    (Middle East Technical University)

  • Betul Hande Gursoy Haksevenler

    (Marmara University)

Abstract

In developing countries, entrepreneurial activities for energy generation with renewable sources are of great importance mainly for sustainable energy supply. Therefore, it becomes critical to evaluate the challenges and obstacles that influence renewable energy entrepreneurs. For this purpose, we examined solar energy entrepreneurial ecosystem in Turkiye where solar energy is one of the most widely used renewable sources. The method of analysis is the interviews with the key stakeholders from renewable energy entrepreneurs, public experts, and researchers and the benchmark analysis of Germany’s solar energy sector. The main obstacles and challenges in the renewable energy ecosystem are found to be “financial bottlenecks, the lack of predictability, under scaling of entrepreneurial burden, capacity problems and uneven distribution of market power”. The main suggestions to overcome such barriers are “to achieve macroeconomic predictability and political stability, to increase renewable energy incentives, to train entrepreneurs to build institutional identity, to construct multi-dimensional and multitasking teams for entrepreneurial activity and to address infrastructure problems”.

Suggested Citation

  • Yelda Erden Topal & Betul Hande Gursoy Haksevenler, 2025. "Challenges and Opportunities for Renewable Energy Entrepreneurs in Turkiye: The Case of Solar Energy," Springer Books, in: Kazim Baris Atici & Anil Boz Semerci & Hurcan Kabakci & Prabal Shrestha (ed.), Energy Entrepreneurship, Sustainability, Innovation and Financing, pages 153-173, Springer.
    • Handle: RePEc:spr:sprchp:978-3-031-80001-6_8
    DOI: 10.1007/978-3-031-80001-6_8
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