Energy & Industry· 5 Nov 2026
Turkiye unveils National Energy 2040 plan targeting 175 GW wind and solar
On Nov. 5, 2026, Energy and Natural Resources Minister Alparslan Bayraktar presented Turkiye's National Energy 2040 plan in Istanbul. The plan targets a 77% renewable share in installed capacity, 281 GW total installed power, 36% electrification, and 175 GW combined wind and solar capacity by 2040. It also cites approximately $100 billion of investment for wind and solar and approximately $190 billion for the renewable capacity increase.
What it means for companies
- The source sets out 2040 targets including 281 GW total installed capacity, a 77% renewable share, 36% electrification, and 175 GW combined wind and solar capacity; details are set out in the source.
- It cites approximate investment figures of $100 billion for wind and solar and $190 billion for the renewable capacity increase, with 95% of the latter aimed at zero or low-emission sources.
- The plan also references energy efficiency, access to financing, industrial transformation, and efforts to reduce Turkiye's energy import bill, which the source says has averaged $65 billion to $70 billion in recent years.
Source: Daily Sabah (5 Nov 2026). This summary is for information only and is not tax, legal or investment advice.
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