Masdar, Turkey near US$1 billion deal for 1.1GW hybrid project

Facebook
Twitter
LinkedIn
Reddit
Email
A Masdar-Turkey meeting.
The announcement follows a visit to Turkey by a UAE delegation led by Masdar CEO Mohamed Jameel Al Ramahi. Image: Alparslan Bayraktar, via X

UAE-based renewables developer Masdar and the government of Turkey have entered the final phase of a US$1 billion project to develop a 1.1GW solar power plant with integrated energy storage in Bor, Nigde Province, central Turkey.

The government is aiming to quadruple the country’s renewable energy capacity from 30GW to 120GW by 2035. The announcement follows a visit to Turkey by a UAE delegation led by Masdar CEO Mohamed Jameel Al Ramahi to explore joint investment opportunities in renewable energy and energy storage. 

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

Discussions spanned solar, onshore and offshore wind and pumped-storage hydropower, alongside technology transfer initiatives, providing a strategic roadmap for deeper bilateral collaboration in clean energy. 

Turkish minister of snergy and natural resources, Alparslan Bayraktar, posted on X (formerly Twitter) that Turkey aims to “deepen strategic cooperation” with the UAE on renewable energy through an intergovernmental memorandum of understanding (MoU), strengthen its energy infrastructure, advance its 2053 net-zero target and set a regional transformation model. 

Moreover, the talks covered potential investments in an offshore wind farm, a high-voltage direct current (HVDC) transmission line and a pumped-storage hydropower facility. 

Turkey’s plans to quadruple its renewable energy capacity would around US$108 billion in investment. The Bor solar project underscores Turkey’s push to accelerate solar deployment, spanning both photovoltaic and solar thermal technologies. The initiative follows a series of deals with the UAE, including a US$27 billion framework signed in 2023 and an MoU between Abu Dhabi’s Masdar and Turkey’s Ministry of Energy. 

2 February 2027
London, UK
Returning in 2027 for its 14th edition, Solar & Storage Finance Europe will bring together the brightest minds representing funds, banks, developers, utilities, government and industry across Europe and the UK on a programme that is solutions-focused from top to tail. The event is designed to enable leaders at the forefront of solar and storage investment and deployment in Europe to scale, learn and land themselves industry defining partnerships.

Read Next

October 1, 2026
TurningPoint Energy has energised a 2.1MWac community solar project in Georgetown, Delaware, third of six in 30MWdc portfolio.
October 1, 2026
A US Senate bill proposing to speed up the permitting process for energy projects has received a mixed response from clean energy industry and advocacy groups.
October 1, 2026
Spanish energy and water infrastructure group Cox has secured financing for a 75.2MWp solar project in Guatemala.
Sponsored
October 1, 2026
To explore the technology, design philosophy, and real-world implications of this latest innovation, we spoke with Zander Yuan, Director of Product & Technology at Tongwei Solar.
September 30, 2026
Kern County has approved US independent power producer (IPP) Terra-Gen’s 600MW solar and 4GWh battery storage project near California City.
September 30, 2026
Exus Renewables North America has acquired a four-project solar portfolio totalling 715MWp from ibV Energy Partners.

Upcoming Events

Solar Media Events
October 13, 2026
San Francisco Bay Area, USA
Solar Media Events
November 3, 2026
Málaga, Spain
Solar Media Events
November 24, 2026
Warsaw, Poland
Solar Media Events
February 2, 2027
London, UK