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MarketsDünyaTurkish, translatedFiled 27 h ago

$15 billion signature at COP31: Türkiye and China to cooperate in energy

Original headlineCOP31'de 15 milyar dolarlık imza: Türkiye ile Çin enerjide işbirliğine gidiyor

Open the sourceReported by Dünya, dunya.com, 12 November 2026

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Turkish Energy and Natural Resources Minister Alparslan Bayraktar announced at COP31 that Türkiye and China signed a renewable energy cooperation memorandum of understanding envisaging roughly $15 billion in investment. The deal targets 7,000 megawatts of solar and wind capacity, energy storage systems, and 4,000 megawatts of electricity transmission infrastructure. The agreement signals deepening energy ties between Ankara and Beijing and a significant push toward Türkiye's renewable capacity goals. Details on financing structure, project timelines, and the Chinese companies involved have yet to be disclosed.

Muhabbit's AI wrote this summary in its own words from Dünya's report and translated it from Turkish. It can get details wrong, so check the source.

Named in this story

Alparslan Bayraktar, China, Turkey, COP31