Natural Resources

Türkiye aims to increase the share of renewables in electricity generation to 50 percent in the next five years, according to Energy and Natural Resources Minister Alparslan Bayraktar.

The solar and wind power installed capacity will increase 3.5 fold, the minister said.

Turkish Energy and Natural Resources Minister Alparslan Bayraktar has engaged in a telephone conversation with his Israeli counterpart, Israel Katz.

Türkiye is set to initiate three additional drilling operations aimed at bolstering the nation's energy self-sufficiency following significant oil discovery in the southeast region, Energy and Natural Resources Minister Alparslan Bayraktar has unveiled.

President Recep Tayyip Erdoğan's one-day visit to Budapest on Aug. 20 was marked by a series of diplomatic discussions as he engaged in talks with both Hungarian leaders and a contingent of international guests amid the backdrop of the World Athletics Championships hosted by Hungary.

The Energy Ministry has announced that it selected four regions as potential sites for offshore wind power Renewable Energy Resource Area (YEKA).

Those sites include the locations in the Bandırma, Bozcaada, Gelibolu and Karabiga regions.

TotalEnergies has become a 50 percent partner in Rönesans Enerji, a subsidiary of Rönesans Holding, one of Türkiye's largest conglomerates.

Türkiye and Saudi Arabia have signed a series of agreements on boosting investment, defense industry cooperation, energy collaboration and communications during Turkish President Recep Tayyip Erdoğan's visit to Persian Gulf states.

The deals were finalized after delegation meetings led by Erdoğan and Saudi Crown Prince Mohammed bin Salman in the city of Jeddah on July 17.

Energy and Natural Resources Minister Alparslan Bayraktar has outlined the framework of Türkiye's new investment and reform period in the energy sector, saying the government is preparing for 2035 with a $200 billion project set.

Slovenia's parliament has adopted a new national spatial planning strategy that paves the way not just for the planned expansion of the country's only nuclear power station but also for the construction of small modular reactors.

Türkiye's installed solar power capacity has exceeded 10,000 MW, according to Energy and Natural Resources Minister Fatih Dönmez.

"This happened thanks to investments made in solar power in the recent years. The pace of investments suggest that installed capacity will rise further in the upcoming period," he said, speaking at an event in the province of Eskişehir.