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Turkiye to resume renewable energy auctions to boost investment in green energy sector

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Turkish Minister of Energy and Natural Resources Alparslan Bayraktar
Turkiye has announced the resumption of its renewable energy auctions as part of a broader strategy to attract new investments and expand its clean energy capacity. The Turkish Ministry of Energy and Natural Resources confirmed that a series of auctions will be held in the coming months, aimed at accelerating the country’s transition to renewable energy sources, including solar, wind and biomass. The auctions, set to launch in early 2025, will focus on developing large-scale renewable energy projects with the goal of meeting Turkiye’s growing energy demands while reducing its reliance on fossil fuels. The initiative also aligns with Turkiye’s long-term commitment to combat climate change by reaching its target of generating 65 per cent of its electricity from renewable […]

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