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2026-11-10T17:47:15.000Z

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Saudi-Türkiye Green Deal

Saudi-Türkiye Green Deal

Saudi Arabia and Türkiye signed a memorandum of understanding to develop renewable energy plants and complexes with a total capacity of 5,000 megawatts. The agreement was signed on the sidelines of the COP31 conference in Antalya, in the presence of Turkish President Recep Tayyip Erdoğan. ACWA Power will carry out the projects in two phases: the first with a capacity of 2,000 megawatts and the second with 3,000 megawatts. The projects include wind power plants, high-voltage direct-current transmission systems, and battery storage. They aim to expand clean energy, modernize Türkiye’s electricity grids, and strengthen investment cooperation between the two countries.

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