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Libya and Turkiye: Pioneering a renewable energy consortium for a sustainable future

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An aerial view of Aydem Renewable Energy's Usak Hybrid SPP (Solar Power Plant), Turkiye's largest hybrid solar power plant on the occasion of World Renewable Energy Day, at Banaz district in Usak, Turkiye on June 8, 2024. [Hakan Nural/Anadolu via Getty Images]
Nestled in the heart of North Africa, Libya finds itself at a historic crossroads. Long known for its oil reserves, the country now grapples with growing electricity demand that requires a shift toward renewable energy. This is where Turkiye enters the picture, with a growing renewable energy sector and a history of strong technological and investment partnerships. This plan of Libya and Turkiye is both timely and crucial to form a consortium of renewable energy. A strategic partnership for tech advancement Libya’s dependence on oil has been a double-edged sword. Oil revenues have powered economic growth, but the fluctuations of global oil markets and pressure from environmentalists have made diversification paramount. And Turkiye is a significant partner, thanks to its advanced renewable technologies. Turkiye has invested […]

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