Turkey Commits $108 Billion to Wind and Solar While Expanding Oil and Gas Infrastructure
Source Summary
Turkey plans to invest $108 billion over the next decade to develop renewable energy infrastructure, targeting 120 GW of installed wind and solar capacity under its Renewable Energy 2035 Road Map, according to Energy Minister Arpaslan Bayraktar. Simultaneously, Turkey is increasing spending on long-term oil and gas supplies and aims to become a major regional gas hub for Europe.
Why it matters
Turkey's dual strategy reflects a major shift in energy policy combining substantial renewable capacity expansion with continued fossil fuel infrastructure development, positioning the country as both a clean energy investor and a strategic energy transit hub for Europe.
