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Türkiye and China have signed a renewable energy cooperation agreement envisaging approximately $15 billion in investment, with plans to build 7,000 megawatts (MW) of combined solar and wind power capacity.
The memorandum of understanding was signed with China's National Energy Administration during the COP31 climate summit in Antalya, Energy and Natural Resources Minister Alparslan Bayraktar announced on Thursday.
Under the agreement, the two countries also aim to develop new energy storage systems and establish 4,000 MW of electricity transmission capacity.
Bayraktar said the cooperation would facilitate technology transfer and support the domestic production of wind turbine equipment, potentially giving local manufacturers a greater role in the country's expanding renewable energy industry.
"This cooperation will expand our renewable energy capacity and enable technology transfer, supporting the production of wind turbine equipment in Türkiye and making a significant contribution to the development of our domestic industry," the minister stated.
The agreement builds on earlier efforts by Ankara and Beijing to expand their cooperation across the energy sector, including renewable power, electricity transmission, battery technologies and industrial production.
During a visit to China in September 2025, Bayraktar held talks with Chinese officials and companies on potential energy projects, identifying offshore wind power, energy storage and battery manufacturing as areas for closer cooperation.
At the time, he also highlighted opportunities for Chinese companies to establish manufacturing operations in Türkiye, particularly in solar panels and wind turbines.
The two countries have also explored cooperation on electricity transmission infrastructure, including projects aimed at moving power toward European markets.
Bayraktar described the agreement as part of Türkiye's longer-term energy strategy, which seeks to strengthen domestic supply security while accelerating the transition toward cleaner energy sources.
"In line with our National Energy 2040 Vision, this historic agreement will strengthen our energy security and accelerate our green transition," he said.
Under its National Energy 2040 Vision, Ankara aims to increase total installed electricity generation capacity from approximately 128 gigawatts (GW) currently to 281 GW by 2040, including 175 GW of combined solar and wind capacity.
The minister also expressed hope that the partnership would deliver benefits for both countries as they expand cooperation in renewable energy.
The deal comes after several major deals signed during the summit, including a memorandum with Saudi Arabia to advance an additional 3,000 MW of renewable energy capacity under a broader 5,000 MW framework involving ACWA Power.
Separately, Türkiye signed 10 agreements worth $5.1 billion with the Asian Development Bank (ADB), Asian Infrastructure Investment Bank (AIIB), World Bank and Islamic Development Bank (IsDB) to support its green transition, infrastructure resilience and business financing.
Ankara also signed a regional clean energy partnership with Azerbaijan, Georgia and Bulgaria aimed at developing cross-border electricity transmission and trade, potentially opening a route for clean power supplies from the Caspian region to European markets.
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