Türkiye is committing to a $100 billion investment in renewable energy by 2035, in a bid to become a carbon-neutral economy within the next three decades, energy minister Alparslan Bayraktar said.
The country has a roadmap to expand wind and solar energy capacity from 31,000 megawatts (MW) to 120,000MW by 2035.
The country also aims to triple its interconnection capacity with Europe, enabling 77 percent of its electricity to be generated from domestic and renewable sources by 2035.
This month, Climate Investment Funds, one of the world’s largest multilateral funds, has backed $1 billion funding for Türkiye’s green energy scale-up.
The minister said that Türkiye intends to develop its nuclear capacity by 2050, stating that the opening of the Akkuyu Nuclear Power Plant will meet 10 percent of its electricity needs from nuclear energy.
