Business · Energy & Commodities · 8 hrs ago
Saudi Arabia and Turkey sign deal on renewable energy projects
Saudi Arabia and Turkey signed an electricity projects memorandum in Antalya, with Turkish President Recep Tayyip Erdoğan present.
The memorandum builds on a renewable energy agreement signed in February 2026 and brought into force in October.
The agreement covers 5,000 megawatts of renewable projects in Turkey, to be developed by Saudi company ACWA Power in two phases.
The first phase covers 2,000 megawatts of solar projects, and work on it is progressing.
The second phase adds 3,000 megawatts and includes wind power, electricity transmission infrastructure and battery storage.
These projects are intended to expand Turkey’s renewable energy capacity and strengthen its electricity grid and energy ties with Saudi Arabia.
Work on the second phase has reached advanced stages, but no completion date was given.
Saudi Arabia and Turkey signed a memorandum of understanding to cooperate on electricity projects, witnessed by Turkish President Recep Tayyip Erdoğan in Antalya.
The agreement supports renewable energy projects in Turkey with a planned total capacity of 5,000 megawatts, to be developed by Saudi company ACWA Power in two phases.
The first phase comprises 2,000 megawatts of projects, while the second phase adds 3,000 megawatts.
The second phase includes wind power plants, high-voltage direct-current transmission infrastructure and battery energy storage.
The countries said the investments are expected to expand Turkey’s renewable energy capacity and strengthen their strategic energy partnership.
- Who
- The governments of Saudi Arabia and Turkey signed the memorandum. Prince Abdulaziz bin Salman and Alparslan Bayraktar signed it for their respective countries.
- What
- They agreed to cooperate on electricity projects, including renewable energy projects with a planned capacity of 5,000 megawatts.
- When
- November 10, 2026. The related renewable energy agreement was signed on February 3, 2026, and took effect on October 21, 2026.
- Where
- Antalya, Turkey.
- Why
- To advance renewable energy projects in Turkey and strengthen energy cooperation between the two countries.
This story does not have two clearly opposing sides.
Saudi Arabia and Turkey signed a renewable energy cooperation agreement.
The renewable energy cooperation agreement entered into force.
COP31 began in Antalya, where Prince Abdulaziz arrived to attend.
The countries signed a memorandum of understanding on electricity projects in Antalya.
- Planned total capacity
- 5,000 megawatts
- First phase
- 2,000 megawatts
- Second phase
- 3,000 megawatts
- Developer
- ACWA Power
- First-phase locations
- Sivas and Karaman provinces
- Second-phase technology
- Wind power, HVDC transmission and battery energy storage
4 sources
توقيع مذكرة تفاهم بين السعودية وتركيا للتعاون في مشاريع الكهرباء
توقيع مذكرة تفاهم بين السعودية وتركيا للتعاون في مشروعات الكهرباء
Erdoğan witnesses Saudi-Turkish deal to develop 5,000mg renewable energy projects in Turkiye
إردوغان يشهد توقيع اتفاق سعودي - تركي لمشاريع طاقة متجددة بقدرة 5 آلاف ميغاواط
What people are saying
Turkey will continue to translate confidence in its energy transformation and investment environment into tangible projects
these investments will not only expand Turkey's renewable energy capacity but also deepen strategic energy cooperation with Saudi Arabia
Posts on X
COP31 marjında, Cumhurbaşkanımız Sayın @RTErdogan’ın Suudi Arabistan Enerji Bakanı Sn. Abdulaziz bin Salman Al Saud’u kabulünde yer aldık. Kabulün ardından Sayın Cumhurbaşkanımızın huzurunda, Suudi mevkidaşımla Elektrik Projelerinde İş Birliğine İlişkin Mutabakat Zaptı’nı