Turkey’s Renewable Energy Outlook for 2035: Ambitious Growth Targets and Diversified Development Strategy

According to recent data from GlobalData, Turkey is making strong strides in advancing its renewable energy sector. By 2035, the country’s installed renewable energy capacity is projected to reach 38.2 GW, with a compound annual growth rate (CAGR) of 17.1% from 2024 to 2035. During the same period, annual renewable energy generation is expected to rise to 213.5 TWh, reflecting a growth rate of 8.6%.

The rapid increase in energy demand is primarily driven by GDP growth and population expansion. In response, Turkey is prioritizing nuclear and renewable energy in its energy development strategy. As of 2024, solar PV accounts for approximately 51.3% of the country’s total installed renewable energy capacity, while onshore wind contributes around 32.9%. Together, these two sources form the backbone of Turkey’s renewable energy portfolio.

Turkey has set ambitious renewable energy development goals, aiming to quadruple its current wind and solar power capacity to reach 120 GW by 2035. To meet this target, the country plans to add 8 GW of renewable energy capacity annually, with a total investment of up to USD 80 billion.

To implement this strategy, Turkey will leverage the YEKA (Renewable Energy Resource Areas) auction mechanism, aiming to add at least 2 GW of wind power capacity each year. In 2024, the YEKA auctions include plans for 1.2 GW of wind and 800 MW of solar projects. Additionally, Turkey is focusing on offshore wind, with plans to add 5 GW of offshore wind capacity. This multifaceted approach is designed to drive clean energy development and accelerate the national energy transition.