{"id":49457,"date":"2026-02-04T21:32:30","date_gmt":"2026-02-04T18:32:30","guid":{"rendered":"https:\/\/isotec.com.tr\/suudi-arabistandan-turkiyeye-2-milyar-dolarlik-gunes-enerjisi-yatirimi-sivas-ve-karamanda-dev-santraller-kuruluyor\/"},"modified":"2026-02-18T11:51:13","modified_gmt":"2026-02-18T08:51:13","slug":"saudi-arabia-is-investing-2-billion-in-solar-energy-in-turkey-massive-power-plants-are-being-built-in-sivas-and-karaman","status":"publish","type":"post","link":"https:\/\/isotec.com.tr\/eng\/saudi-arabia-is-investing-2-billion-in-solar-energy-in-turkey-massive-power-plants-are-being-built-in-sivas-and-karaman\/","title":{"rendered":"Saudi Arabia Invests $2 Billion in Solar Energy in T\u00fcrkiye: Massive Power Plants Being Built in Sivas and Karaman"},"content":{"rendered":"<p>A historic development has occurred for T\u00fcrkiye&#039;s renewable energy sector. During President Recep Tayyip Erdo\u011fan&#039;s visit to Riyadh, a $2 billion solar energy investment agreement was signed with Saudi Arabia.<\/p>\n<h2>Details of the Agreement<\/h2>\n<p>According to the agreement signed between the Minister of Energy and Natural Resources Alparslan Bayraktar and the Saudi Crown Prince Abdulaziz bin Salman Al Saud:<\/p>\n<ul>\n<li><strong>Sivas<\/strong> and <strong>Karaman<\/strong> provinces will host two large solar power plants<\/li>\n<li>In the first stage <strong>2,000 MW<\/strong> capacity is targeted<\/li>\n<li>Total <strong>5,000 MW<\/strong> of solar and wind capacity is planned to be reached<\/li>\n<li>The plants will supply electricity to <strong>2.1 million households<\/strong> .<\/li>\n<\/ul>\n<h2>Funding and Localization<\/h2>\n<p>Minister Bayraktar emphasized that this investment is one of the most important foreign direct investments made in T\u00fcrkiye&#039;s energy sector.<\/p>\n<ul>\n<li>Project <strong>with 100% external financing<\/strong> to be carried out<\/li>\n<li>Loans will be obtained from international financial institutions.<\/li>\n<li><strong>50% localization<\/strong> is targeted<\/li>\n<\/ul>\n<h2>Electricity Purchase Prices<\/h2>\n<p>Under a 25-year electricity purchase agreement:<\/p>\n<ul>\n<li>Karaman power plant: <strong>1.99 EUR\/kWh<\/strong><\/li>\n<li>Sivas power plant: <strong>2.34 EUR\/kWh<\/strong><\/li>\n<\/ul>\n<h2>Project Schedule<\/h2>\n<ul>\n<li><strong>2027:<\/strong> Groundbreaking<\/li>\n<li><strong>End of 2027:<\/strong> Completion of the first phase<\/li>\n<li><strong>2028-2029:<\/strong> Completion of the project<\/li>\n<\/ul>\n<h2>T\u00fcrkiye&#039;s Renewable Energy Targets<\/h2>\n<p>By 2035, T\u00fcrkiye aims to reach <strong>120,000 MW<\/strong> of installed solar and wind capacity.<\/p>\n<h2>Conclusion<\/h2>\n<p>This agreement is a significant step that will enhance T\u00fcrkiye&#039;s energy security, accelerate its green transformation, and structurally reduce its dependence on energy imports.<\/p>\n<p><em>Source: Daily Sabah, Reuters (February 3, 2026)<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>Saudi Arabia will invest $2 billion to build 2,000 MW capacity solar power plants in the Sivas and Karaman provinces of T\u00fcrkiye.<\/p>","protected":false},"author":1,"featured_media":49463,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-49457","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-haberler"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - 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