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Turkiye and China have signed a memorandum of understanding valued at roughly $15 billion for new renewable energy installations and electricity infrastructure in Turkiye, according to pv magazine. The agreement was concluded between Turkiye’s Ministry of Energy and Natural Resources and China’s National Energy Administration on the sidelines of COP31, which is being held in the Turkish city of Antalya and runs until November 20.
Turkiye’s Energy and Natural Resources Minister Alparslan Bayraktar said the agreement is intended to deliver 7 GW of new solar and wind power plants, along with new energy storage systems and 4 GW of electricity transmission infrastructure. He characterized the deal as part of Turkiye’s recently announced national energy vision for 2040, which targets 175 GW of solar and wind capacity by the end of the next decade, building on an earlier goal of 125 GW by 2035.
Additional details on the projects, including a development timeline, have not yet been released.
The memorandum follows the signing earlier this week of eight financial agreements supporting the development of 2 GW of solar in Turkiye. Those projects fall under a cooperation agreement with Saudi Arabia covering a total of 5 GW of new renewables.
Turkiye’s cumulative solar capacity reached approximately 26.9 GW by the end of the first half of 2026, after additions of 2.1 GW during the first six months of the year and 4.7 GW across 2025.
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Integrated PV manufacturer
Historically significant in both fields
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Leading Indian solar manufacturer
LED packaging and lighting solutions
Major LED packaging company
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