{"id":49522,"date":"2026-02-08T20:24:48","date_gmt":"2026-02-08T17:24:48","guid":{"rendered":"https:\/\/isotec.com.tr\/?p=49522"},"modified":"2026-02-18T11:51:12","modified_gmt":"2026-02-18T08:51:12","slug":"a-critical-week-for-solar-energy-turkey-surpasses-20-gwh-with-2-billion-in-investments","status":"publish","type":"post","link":"https:\/\/isotec.com.tr\/eng\/a-critical-week-for-solar-energy-turkey-surpasses-20-gwh-with-2-billion-in-investments\/","title":{"rendered":"Critical Week for Solar Energy: T\u00fcrkiye Exceeds 20 GW, Investment Reaches $2 Billion"},"content":{"rendered":"

This week saw historic developments in the solar energy sector. T\u00fcrkiye's installed capacity exceeded 20 GW, and a massive $2 billion agreement was signed with Saudi Arabia. Meanwhile, BNEF's contraction warning for the global market attracted attention.<\/em><\/p>\n

T\u00fcrkiye\u2013Saudi Arabia: Huge $2 Billion Deal<\/h2>\n

Turkish Minister of Energy and Natural Resources Alparslan Bayraktar signed an intergovernmental agreement in Riyadh, the capital of Saudi Arabia, regarding renewable energy power plant projects. Under the agreement, the Saudi Arabian company ACWA Power aims to construct solar and wind power plants with a total capacity of 5,000 MW in T\u00fcrkiye.<\/p>\n

In the first stage Sivas and Karaman<\/strong> total in the provinces 2,000 MW<\/strong> A solar power plant with a capacity of approximately [amount] will be built. $2 billion<\/strong> This investment has the capacity to meet the electricity needs of 2.1 million households.<\/p>\n

Another noteworthy point is the pricing: Electricity will be purchased for 25 years at 1.995 euro cents\/kWh in Karaman and 2.3415 euro cents\/kWh in Sivas. These prices stand out as the lowest among renewable energy power plants built in T\u00fcrkiye. The project... %50 yerli kaynak<\/strong> This requirement also presents a significant opportunity for domestic producers.<\/p>\n

T\u00fcrkiye Exceeds 20,000 MW of Installed Capacity<\/h2>\n

With the commissioning of rooftop, ground-mounted and hybrid power plants, T\u00fcrkiye's installed solar energy capacity has increased. 20.398 MW<\/strong> It reached that level. Compared to the same period last year. %39,3’l\u00fck<\/strong> An increase has been recorded.<\/p>\n

Energy Minister Bayraktar stated that solar and wind energy will be a key sector in 2035. 120,000 MW<\/strong> They stated that they aim to reach their installed capacity target. To reach this target, 8-9 thousand MW of new capacity needs to be added to the system every year.<\/p>\n

BNEF Warning in the Global Market<\/h2>\n

According to BloombergNEF (BNEF) analysis, global solar energy installations will contract in 2026 for the first time in almost 20 years. Projected capacity for 2026. 649 GW<\/strong> at the level.<\/p>\n

The main reasons for the contraction are:<\/p>\n