Türkiye, China Sign $15B Solar and Wind Energy Deal at COP31

Türkiye and China have signed a renewable energy cooperation agreement targeting approximately $15 billion in investment to develop 7,000 megawatts (MW) of combined solar and wind power capacity. The memorandum of understanding was signed on 12 November 2026 between Türkiye's Ministry of Energy and Natural Resources and China's National Energy Administration during the COP31 climate summit in Antalya. The agreement also includes plans for energy storage systems and 4,000 MW of electricity transmission capacity.

 

The cooperation aims to expand Türkiye's renewable electricity generation while strengthening its domestic clean energy manufacturing industry. Turkish Energy and Natural Resources Minister Alparslan Bayraktar said the partnership would facilitate technology transfer from China, particularly in wind turbine equipment manufacturing, allowing Turkish companies to participate more extensively in renewable energy supply chains.

 

"This cooperation will expand our renewable energy capacity and enable technology transfer, supporting the production of wind turbine equipment in Türkiye and making a significant contribution to the development of our domestic industry," Bayraktar said.

 

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The agreement supports Türkiye's National Energy 2040 Vision, which targets increasing total installed electricity generation capacity from approximately 128 gigawatts (GW) to 281 GW by 2040, including 175 GW of combined solar and wind capacity. The planned projects would contribute to the country's efforts to strengthen energy security, reduce dependence on imported fuels and accelerate its transition towards cleaner electricity generation.

 

The announcement follows several other energy and climate finance agreements reached during COP31. Türkiye has also advanced renewable energy cooperation with Saudi Arabia, including plans for an additional 3,000 MW of capacity under a broader 5,000 MW framework involving ACWA Power. Separately, the country signed 10 agreements worth $5.1 billion with multilateral development banks to support its green transition and infrastructure resilience. The China agreement remains a preliminary cooperation arrangement, with project development schedules, financing structures and implementation details yet to be disclosed.