Türkiye and Saudi Arabia Cooperate on Electricity Projects

On the sidelines of the 31st Conference of the Parties to the United Nations Framework Convention on Climate Change (COP31) in Antalya, President Recep Tayyip Erdoğan received Saudi Arabia’s Minister of Energy, Prince Abdulaziz bin Salman Al Saud. Minister Bayraktar also attended the meeting.

Minister Bayraktar Signs the Memorandum

Following the meeting, Minister Bayraktar and his Saudi counterpart, Prince Abdulaziz bin Salman Al Saud, signed the Memorandum of Understanding on Cooperation in Electricity Projects in the presence of President Erdoğan.

We Welcome the Progress Made

In a statement on his social media accounts, Minister Bayraktar recalled that the intergovernmental agreement signed in Riyadh on 3 February, which entered into force on 21 October, established the framework for renewable energy projects totalling 5,000 megawatts to be developed by ACWA Power in Türkiye in two phases.

“We welcome the progress made on the solar power projects in Sivas and Karaman, with a combined capacity of 2,000 megawatts, which constitute the first phase,” he said.

Wind Power Plants Supported by Energy Storage Systems

Minister Bayraktar noted that the memorandum signed today in Antalya advanced efforts to deliver the additional 3,000 megawatts of capacity targeted under the second phase.

“In this context, we envisage developing wind power plants supported by high-voltage direct current transmission infrastructure and battery energy storage systems. Through these investments, which will expand our renewable energy capacity while strengthening our grid infrastructure and enhancing system flexibility, we are deepening our strategic energy cooperation with Saudi Arabia. We will continue turning confidence in Türkiye’s energy transition and investment climate into concrete projects,” he said.