Türkiye is planning to invest approximately $200 billion by 2035 to expand renewable energy, develop nuclear power and modernize its electricity grid, according to the 2026 Energy Sector Report prepared by the Presidential Investment and Finance Office.
The investment program comes as Türkiye accelerates its energy transition and prepares for rising electricity demand. The country aims to increase its combined wind and solar capacity to 120 GW by 2035, requiring an estimated 8-9 GW of new capacity additions each year.
$80B targeted at grid infrastructure
Around $80 billion of the projected investment is expected to be directed toward improving grid flexibility, modernizing electricity infrastructure and expanding transmission and distribution networks.
The focus on grid modernization is becoming increasingly important as Türkiye adds larger amounts of variable renewable generation and prepares for higher electricity consumption.
Türkiye’s renewable energy sector already represents a significant share of its power system. Renewables accounted for 62% of installed electricity capacity in 2025, including 32.3 GW of hydropower, 25.6 GW of solar and 14.8 GW of wind capacity.
Renewables generated 43.4% of Türkiye’s electricity in 2025, while total electricity generation reached 356 TWh and demand stood at 359 TWh. Electricity demand is projected to rise to 455 TWh and eventually 510 TWh, increasing the need for additional generation and infrastructure.
Storage and EV infrastructure gain momentum
Energy storage is emerging as another major investment opportunity. As of early 2026, Türkiye had 372 pre-licensed solar projects representing 14.3 GWh of storage capacity, alongside 252 wind projects totaling 19.7 GWh.
Electric mobility is also expanding rapidly. Türkiye had 373,733 electric vehicles in 2025, compared with just 7,698 in 2021. Electric and hybrid vehicles represented around 25% of vehicle sales, while the country had approximately 39,000 charging stations in 2025.
Under a high-growth scenario, Türkiye’s electric vehicle fleet could reach 7 million vehicles by 2035, creating further demand for charging infrastructure and electricity capacity.
Energy transition creates investment opportunities
The report highlights renewable generation, grid modernization, energy storage, energy efficiency, EV charging infrastructure and domestic energy technologies as key areas for investment.
Presidential Investment and Finance Office President Ahmet Burak Dağlıoğlu said Türkiye’s industrial infrastructure, geographic position and role in regional energy networks could support its ambition to become a leading country in the global energy transition.
The planned investment also supports Türkiye’s longer-term objective of achieving net-zero emissions by 2053, while attracting international capital, advanced technologies and strategic partnerships to the country’s energy ecosystem.
For businesses and investors, Türkiye’s energy transformation could create opportunities across renewable generation, battery storage, grid technologies, EV infrastructure and related supply chains through 2035.