According to a prediction by the International Finance Corporation (IFC), the country of Turkey is likely to raise around $28 billion for renewable energy resources. The predictive report claims that the investment for such a project will be raised by the year 2020. Apparently, the reason behind this prediction is that Turkey has always been known for its abundant production of energy resources. As a result of this, companies from all over the world are eager to invest over here. The IFC is a part of the World Bank Group.
Out of the total amount, $16.4 billion is for wind energy, $7.4 billion for solar energy, $3.4 for geothermal, and $560 million for the hydroelectric field.
