Tax exemption for solar power

A draft law accepted in the Turkish Grand National Assembly (TBMM) Planning and Budget Commission has introduced tax benefits for house scale solar power generation. Accordingly, electricity producing panels installed on roof tops with less than 10 kW capacity will not be included in income tax calculations. The law will be effective upon ratification in the TBMM General Assembly. Once the law comes into effect, house type solar energy investments are expected to boost.