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Wednesday, October 19, 2011

RENEX FAIR / 20-23 OCTOBER 2011

RENEX / 20-23 OCTOBER 2011

After the remarkable success of its second edition, RENEX 2011 will take place from October 20 - 23, 2011. In 2010 the exhibition covered 197 stands representing 241 company's products on 12.000 m2 exhibition area. 15.426 professional visitors including 955 international visitors used the four days for meeting and networking with the participants. The potential of the sector and the business opportunities for international companies were reflected in the high level of participation from abroad. In particular several federal states of Germany supported the exhibition strongly with pavilions from North Rhine-Westphalia, Baden-Württemberg, Bremen/Lower Saxony and Berlin-Brandenburg.


The Turkish Parliament has approved a new legislation for Renewable Energy.

At the end of December 2010 the Turkey’s Parliament announced a change in the legislation for renewable energy resources market in Turkey. The new legislation regulates the volume of energy the state allows to buy and determinates new feed-in-tariffs for the different kinds of renewable energy resources.

Organisers

RENEX 2011 is in the capable hands of Deutsche Messe and Hannover-Messe Sodeks Fuarcilik. Deutsche Messe is one of the largest trade fair organisers in the world with seven subsidiaries and representatives in more than 100 countries worldwide. Deutsche Messe offers the very best in niche international trade shows with unparalleled professional service visitor recruitment, market analyses, advice and support, as well as effective press and PR activities help to consilidate the profile of RENEX. Hannover-Messe Sodeks Fuarcilik is a very well known brand in international area of Sanitary, HVAC and Refrigeration sector. The company is also known as the organiser of Turkey's largest trade fair; ISK SODEX.

Right Time to enter Turkish market

* According to OECD reports Turkey's average economic growth rate is forecasted at a steady 7.2% per year up to 2012. Particularly by the expansion of industrial capacities and - in parallel to the increase of the living standards- the rising energy consumption of households an increase of energy demand is estimated of 7.5% to 8.2 % annually for 2008 till 2015. Already for 2009 is a supply shortfall expected. Medium term plans are constructions of about 500 new hydroelectric plants. According to information of the Turkish Ministry of Energy, the rapidly rising demands require investments of at least US $ 3 billion per year.


* The government plans the extension of electricity production through the use of alternative energy sources like wind and solar energy, energy from biogas and biomass, geothermal energy and hydropower (with a water reservoir of a maximum 15 qkm).


* Turkey is after China, Japan, the United States and Iceland- with 170 geothermal heat zones and approximately 1.000 thermal springs in the possession of the world's fifth largest potential of geothermal energy (Rank 1 in Europe), which leads to high investments of the government.

Reference: http://www.hmsf.com/renex/eng/index.asp

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