Recently, GlobalData data showed that Turkey is making every effort to promote the development of renewable energy. It is expected that by 2035, the country's renewable energy installed capacity will reach 38.2 GW, with a compound annual growth rate of 17.1% from 2024 to 2035; at the same time, annual power generation will increase to 213.5 TWh from 2024 to 2035, an increase of 8.6%.
The rapid growth of the country's energy demand is mainly driven by the increase in GDP and population growth. To this end, Turkey has made nuclear energy and renewable energy the focus of energy development. As of 2024, solar photovoltaic power generation accounts for nearly 51.3% of the total installed capacity of renewable energy, and onshore wind power accounts for 32.9%, which constitute the core force in the field of renewable energy.
Turkey has set ambitious renewable energy development goals and plans to increase wind and solar power generation capacity to four times the current level by 2035, reaching 120 GW. To achieve this goal, the country plans to add 8 GW of renewable energy generation capacity each year, with a total investment of up to US$80 billion.
In terms of specific implementation paths, Turkey will make efforts through the YEKA auction mechanism and plans to add at least 2 GW of wind power installed capacity each year. Among them, the 2024 YEKA auction has planned 1.2 GW of wind power and 800 MW of solar projects. In addition, the country also focuses on the offshore wind power field and plans to add 5 GW of offshore wind power installed capacity, promoting the development of the clean energy industry and accelerating the energy transformation process.
