Türkiye and Saudi Arabia Expand Renewable Energy Cooperation to 5,000 MW
Türkiye and Saudi Arabia are expanding their renewable energy cooperation to reach a total planned capacity of 5,000 megawatts. This comes after the two nations agreed to increase their current framework by an additional 3,000 megawatts. The agreement will be made on the sidelines of the UN Climate Conference in Antalya.
Türkiye's Energy and Natural Resources Minister Alparslan Bayraktar announced the plan, highlighting that the country's installed electricity capacity has quadrupled from 32,000 megawatts to 126,000 megawatts over the past quarter-century. This makes Türkiye's electricity capacity Europe's third-largest.
Bayraktar also emphasized that Türkiye aims to become energy independent in the near future, with a goal of meeting the needs of 17 million households with indigenous supplies by 2028. The country is already seeing significant growth in domestic natural gas production, which is set to double this year and quadruple by 2028.