ISTANBUL: Saudi Arabia and Turkiye signed an agreement on Tuesday to advance the second phase of a deal to develop large-scale power projects in Turkiye, with plans to build wind farms having a combined capacity of 3,000 megawatts (MW).
The Turkish Energy Ministry announced the agreement, which was signed at the COP31 summit in Antalya. The planned wind capacity represents approximately one-fifth of Turkiye’s existing installed wind power capacity.
“We are deepening our strategic energy cooperation with Saudi Arabia,” Turkish Energy Minister Alparslan Bayraktar said, adding that the investments would strengthen grid infrastructure and improve the flexibility of the country’s power system.
The second-phase agreement builds on a pact signed in February, under which Saudi Arabia’s ACWA Power plans to develop solar power plants with a combined installed capacity of 2,000MW in Sivas and the Taseli region of Karaman.
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With the latest agreement, the total planned capacity of power projects being developed jointly by the two countries will reach 5,000MW.
Turkiye will need to install an average of 10,000MW of new wind and solar power capacity annually to meet its long-term energy targets, according to government plans.
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