{"id":78766,"date":"2023-08-02T01:00:53","date_gmt":"2023-08-02T01:00:53","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2023\/08\/02\/saudi-arabia-may-invest-in-up-to-5-gw-worth-of-renewables-projects-in-turkey\/"},"modified":"2023-08-02T01:00:53","modified_gmt":"2023-08-02T01:00:53","slug":"saudi-arabia-may-invest-in-up-to-5-gw-worth-of-renewables-projects-in-turkey","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2023\/08\/02\/saudi-arabia-may-invest-in-up-to-5-gw-worth-of-renewables-projects-in-turkey\/","title":{"rendered":"Saudi Arabia may invest in up to 5 GW worth of renewables projects in Turkey"},"content":{"rendered":"

<\/a> Is Saudi Arabia eyeing renewables projects in Turkey? <\/strong>Turkey\u2019s Energy and Natural Resources Minister Alparslan Bayraktar says Saudi Arabia is looking to establish renewable energy projects in Turkey that would yield between 4-5 GW, Turkish newspaper Daily Sabah<\/a> reports. Bayraktar did not provide details on the projects in terms of the type of renewable energies to be employed or how much capital either country would contribute to the projects.<\/p>\n

Turkey is expanding ties regionally:<\/strong> Last week, the UAE\u2019s President Mohammed bin Zayed Al Nahyan and Turkish counterpart Recep Tayyip Erdogan inked an agreement<\/a> that will see both countries pour in \u201clarge scale investments\u201d across the renewable energy, green hydrogen, hydroelectric power production sectors, as well as finance transmission projects and battery storage facilities. Both countries also want to expand cooperation on nuclear energy production and emerging technologies including carbon capture, storage, and utilization.<\/p>\n

Turkey has big renewables targets: <\/strong>Turkey revealed a new national energy plan<\/a> in January, increasing the quota of renewable energy generation<\/a> in its energy mix by 7% by 2035 to 23.7% \u2014 up from 16.7% in 2020. The country aims to generate an ambitious 190 GW of clean power by 2035 to help realize its net zero commitment and is eyeing a green hydrogen electrolyzer generational capacity totaling 2 GW in 2030, increasing to 5 GW in 2035.<\/p>\n

IN OTHER KSA NEWS- Saudi Arabia and Brazil are partnering on desalination + water <\/strong>treatment: <\/strong>Saudi Arabia\u2019s Investment Minister Khalid Abdulaziz Al-Falih and Brazil\u2019s Vice President and Development, Industry, Trade, and Services Minister Geraldo Alckmin signed 25 MoUs during the Brazilian-Saudi Investment Forum this week to boost bilateral cooperation across the desalination, water treatment, and agriculture sectors, Asharq Al Awsat<\/a> reports.<\/p>\n","protected":false},"excerpt":{"rendered":"

Is Saudi Arabia eyeing renewables projects in Turkey? Turkey\u2019s Energy and Natural Resources Minister Alparslan Bayraktar says Saudi Arabia is looking to establish renewable energy projects in Turkey that would yield between 4-5 GW, Turkish newspaper Daily Sabah reports. Bayraktar did not provide details on the projects in terms of the type of renewable energies […]<\/p>\n","protected":false},"author":1,"featured_media":78767,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[104],"tags":[706,11,88,159,191],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-78766","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-renewables","tag-brazil","tag-enterpriseclimate","tag-renewables","tag-saudi-arabia","tag-turkey","wpautop","entry"],"acf":{"mongo_id":"f43c008b-13cb-40cb-9774-ece6f106256f","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2020\/12\/78.png","photo_position":"above","related_issue":[78756],"teaser":"","voice_url":""},"yoast_head":"\nSaudi Arabia may invest in up to 5 GW worth of renewables projects in Turkey - Climate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/climate\/2023\/08\/02\/saudi-arabia-may-invest-in-up-to-5-gw-worth-of-renewables-projects-in-turkey\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Saudi Arabia may invest in up to 5 GW worth of renewables projects in Turkey\" \/>\n<meta property=\"og:description\" content=\"Is Saudi Arabia eyeing renewables projects in Turkey? 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