IN Brief:
- RES has sold the 66MWm/65MWe Topaz Wind Energy Project in Türkiye to Reges Elektrik.
- The project was awarded under a 2017 TEİAŞ wind capacity tender and gained production licence rights in March 2026.
- Once operational, Topaz is projected to avoid around 80,000 tonnes of CO2-equivalent emissions.
RES has completed the sale of the Topaz Wind Energy Project in Türkiye to Reges Elektrik, transferring a 66MWm/65MWe onshore wind project in the Çorum and Yozgat provinces.
The Topaz project is located within the Alaca and Aydıncık districts. It was awarded to RES under the wind capacity tender organised by Turkish transmission system operator TEİAŞ in 2017. After completing the pre-licensing process, the project gained the right to obtain a production licence in March 2026.
Reges Elektrik has acquired the project as part of its move toward a more integrated energy supply and generation structure. The company’s wider position includes commercial and industrial energy supply, clean energy investment, and operational efficiency services for business customers.
Once operational, Topaz is projected to prevent around 80,000 tonnes of CO2-equivalent greenhouse gas emissions. The project is also expected to contribute approximately $13.2m in revenue over its first 10 years and generate approximately $25m in grid fees over a 25-year lifespan, giving an estimated direct public contribution of around $38.2m.
The transaction follows a common renewable development pathway. A specialist developer progresses a project through tender award, pre-licensing, land, grid, technical, and commercial milestones, before transferring it to an investor or operator positioned to move the asset toward construction and operation. In markets where grid access and licensing rights determine project value, those early-stage milestones can be as important as physical construction progress.
RES has operated in Türkiye since 2009 and has more than 40 years of international renewable energy experience. Globally, the company works across onshore and offshore wind, solar, energy storage, transmission and distribution, and green hydrogen. It has delivered more than 29GW of renewable energy projects and supports an operational asset portfolio exceeding 45GW.
For Türkiye, the sale places another licensed wind project with a buyer expanding its generation portfolio. The country’s energy transition is shaped by energy security, import reduction, industrial demand, and the integration of renewable generation into the transmission system. Wind projects such as Topaz contribute to that capacity mix, but delivery still depends on grid access, turbine procurement, civil works, electrical balance of plant, and commissioning.
The commercial structure has parallels with other European onshore wind developments. In South Wales, SmartestEnergy and Bute Energy have signed a long-term power purchase agreement for the 93.4MW Twyn Hywel onshore wind project, giving the project a route to market ahead of operation. Topaz sits in a different regulatory and market environment, but it faces the same need for financeable revenue, connection certainty, and construction delivery.
Renewable projects are also being assessed more closely on their grid contribution. In Poland, Energa is seeking contractors for solar and battery projects, using storage to improve asset value and support system stability. Topaz is an onshore wind project rather than a hybrid asset, yet its value will still be shaped by grid availability, curtailment exposure, and the strength of the local connection.
The next phase will move from development rights into practical delivery. Turbine selection, transport logistics, access roads, foundations, crane planning, collection circuits, substation interfaces, protection systems, SCADA, metering, and commissioning will all shape the project’s path to operation. Production licence rights provide a key regulatory milestone, but the asset still has to pass through the engineering stages that turn capacity into dispatchable generation.
Topaz adds to Türkiye’s renewable project pipeline at a point when domestic generation, lower-carbon supply, and energy independence remain closely linked. Its transfer to Reges Elektrik gives the project a new owner for the next delivery phase, while RES continues its role in developing renewable assets to the point where they are financeable, transferable, and ready to build.
