International energy analysis and research organization BloombergNEF's (BNEF) report “Turkey Transition Factbook 2026”, which discusses Türkiye's energy transformation, assessed the current situation and forecasts for 2035 and 2050 regarding renewable energy, energy storage systems, battery and electric vehicle ecosystem, clean industry, carbon markets and energy transition financing.
The country is among the world's leading markets in both technologies, according to the report, which said that Türkiye ranked 5th in the world in wind energy installations and 10th in solar energy installations last year.
In this context, a total of 25 gigawatts of new wind energy capacity is expected to be commissioned in Türkiye in the period 2026-2035. Renewable Energy Resource Area (YEKA) projects are expected to account for about 37 percent of new wind turbines during this period.
The renewable energy capacity in Türkiye is expected to be significantly increased with the construction of the storage wind power plant project approved last year with around 19 gigawatts.
While developments in storage technologies are expected to further strengthen the role of wind energy in the electricity system, additional wind and battery investments are required to meet higher baseload demand.
Solar power capacity is expected to double by 2030
Last year, Türkiye ranked 10th in the world in solar energy installations with a new capacity of 6.4 gigawatts. It is estimated that Türkiye's installed solar energy capacity will approximately double by 2030.
84 percent of new solar energy capacity commissioned last year consists of unlicensed solar power plants built primarily for domestic consumption.
Unlicensed solar energy projects will continue to be the main source of new installations in 2026, and the share of licensed solar power plants in installations is also expected to increase through the impact of YEKA tenders and large-scale investments in the period 2028-2035.
On the other hand, in addition to YEKA tenders, cooperation with Saudi Arabia and the United Arab Emirates are also among the important factors that support investments in solar energy.
The battery storage market in Turkey is expected to grow rapidly in the near future. Investment in energy storage is forecast to gain momentum as battery costs fall, installed renewable energy capacity increases and domestic manufacturing capacity develops.
Türkiye is expected to accelerate the energy transition by achieving 8 gigawatts of battery storage capacity by 2035. Approximately 90 percent of the storage capacity to be installed is expected to be grid-scale projects.
Recent licensing regulations that only grant new grid storage licenses to projects that are integrated with wind and solar power plants also support investment.
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