Saudi Arabia, Turkiye sign electricity cooperation agreement to advance renewable energy projects

RIYADH: Saudi Arabia and Türkiye have signed an agreement to cooperate on electricity projects, building on a renewable energy deal that provides 5,000 megawatts of capacity in Türkiye.

Signed on the sidelines of the 31st UN Climate Change Conference, or COP31, in Antalya, the memorandum of understanding builds on an earlier agreement on renewable energy cooperation signed by the two governments on Feb. 3, which entered into force on Oct. 21, the Saudi Press Agency reported.

Türkiye’s electricity demand set to rise

Türkiye’s electricity consumption is expected to increase to 510.5 terawatt-hours by 2035, up from 364.8 terawatt-hours in 2025, according to the country’s Ministry of Energy and Natural Resources.