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6/17/08

Windfair.net: Siemens eyes to invest in Turkish wind energy market

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Siemens eyes to invest in Turkish wind energy market

Europe's largest engineering conglomerate, Siemens, has taken steps to increase its position in the Turkish renewable energy market. Siemens Turkey CEO Hüseyin Gelis and Wolfgang Dehen, a board member and the company's energy division CEO, expressed their strong will to invest in the Turkish wind energy business in particular at a roundtable with members of the press in İstanbul on Tuesday. "We see a huge market of opportunities in Turkey's energy sector. And we strongly wish to invest in this market!" Dehen said. "Turkey is among the world's top five fastest growing countries and is currently the 17th most important economic power of the world, with the potential to move up to 15th place in 2008," Dehen said, explaining that these growth rates will naturally be reflected by a rapidly increasing demand for energy in the future.

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