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Turkey aims to invest $100bn in renewable energy by 2035

By Pramod Kumar
Turkey has a renewable energy roadmap for expansion by 2035, says energy minister Alparslan Bayraktar Alparslan Bayraktar/X
Turkey has a renewable energy roadmap for expansion by 2035, says energy minister Alparslan Bayraktar

Turkey 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, Hürriyet Daily newspaper reported, citing the minister’s speech at the sixth Turkish-German Energy Forum in Berlin.

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 Turkey’s green energy scale-up.

The minister said that Turkey 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.

In September, Bayraktar said Anakara plans to commission its first nuclear power plant by 2028, with all four reactors fully commissioned simultaneously at the Akkuyu nuclear power plant.

Turkey aims to generate 7.2 gigawatts (GW) of nuclear capacity by 2035 and 20GW in its energy mix by 2050.

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