Saudi Arabia and Turkey Sign Major 3 GW Wind Power Deal
Saudi Arabia and Turkey have signed an agreement to advance 3 GW of wind power projects in Turkey as part of a broader 5 GW renewable energy program agreed earlier this year. The program, led by Saudi Arabia’s ACWA Power, comprises 2 GW of solar projects in Sivas and Karaman in the first phase and 3 GW of wind projects in the second, Reuters reported, citing the Turkish energy ministry. The…
Saudi Arabia and Turkey have reached an agreement to advance a 3 GW wind power project in Turkey, as part of a larger 5 GW renewable energy initiative. The program, spearheaded by Saudi Arabia’s ACWA Power, includes 2 GW of solar projects in Sivas and Karaman and 3 GW of wind projects. This latest agreement advances the planned wind phase, accounting for 20% of Turkey’s existing wind power capacity.
Turkish Energy Minister Alparslan Bayraktar highlighted the strengthening of strategic energy cooperation with Saudi Arabia. The Turkish government aims to reach a low-carbon capacity target through annual installations of 10 GW. Saudi Arabia, despite being a global oil power, is committed to generating 50% of its electricity from renewables by 2030 and achieving net-zero emissions by 2060, as outlined in the Vision 2030 program.
The solar phase of this program was announced earlier this year, with a $2 billion investment in two installations with a combined capacity of 2 GW. The project is expected to meet the electricity demands of approximately 2.1 million households upon completion.
Written by urgent.news from OilPrice's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
