The government of Turkey, currently processing applications for large-scale energy storage facilities at renewable energy plants, will raise import duties for lithium iron phosphate (LFP) battery products.
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Lithium iron phosphate (LFP) battery products which are imported into Turkey will be taxed at a 30% rate and the high rate of import duty applies to "not just modules, but cells, modules and systems", Tokcan said.
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However, Usta noted that despite draft regulations, the legal framework for battery and storage power plants is still evolving. The first approvals are expected next year. Türkiye’s battery imports remained steady at around $1.1 billion, similar to last year.
Looking ahead to 2025, Usta predicted an influx of new companies, both domestic and foreign, joining the industry, a testament to Türkiye's potential for energy independence and global competitiveness. The association is set to host another battery summit in October next year.
New facilities capable of producing up to 5 gigawatt-hours of cells and batteries will be established in Ankara, Istanbul, Izmir, and Kocaeli, Usta said, adding that agreements signed this year alone exceeded $1 billion in investments. With these new additions, the total number of battery production facilities in Türkiye will reach 11.
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