Turkey, June 17 -- The World Bank approved €400 million (US$468.4 million equivalent) in additional financing to scale up Turkiye's distributed renewable energy market, expanding support for distributed wind power and commercial-scale battery storage.The financing comprises two €200 million IBRD loans to the Development and Investment Bank of Turkiye A.?. (TKYB) and the Industrial Development Bank of Turkiye A.?. (TSKB), guaranteed by the Republic of Turkiye.This investment expands the Accelerating the Market Transition for Distributed Energy Program, building on the strong progress of the initial phase, which was approved in 2024 and is successfully catalyzing the country's low-voltage distributed solar market. Operating as a r...