Türkiye’s wind energy industry has potential to reach $8B in 2035

- Turkish Wind Energy Congress (TWEC 2024), organized by the TUREB with the motto, 'The Energy of the Future, Future of Türkiye'

Türkiye’s wind energy sector, currently valued at $2.2 billion, could expand to $7.5-8 billion by 2035 with continued support, according to Ibrahim Erden, president of the Turkish Wind Energy Association (TUREB).

The sector is targeting 5,000 megawatts of wind investment every year in line with Türkiye’s target of 120,000 megawatts of installed capacity in wind and solar energy by 2035, said Erden addressing the 13th Turkish Wind Energy Congress (TWEC 2024), organized by the TUREB with the motto, 'The Energy of the Future, Future of Türkiye,' which kicked off on Tuesday in Istanbul.

“This target will ensure that by 2035, all wind investments to be commissioned in Türkiye will total 50,000 megawatts and electricity generated from wind will reach 138 terawatts per year,” he added.

For his part, Giles Dickson, CEO of WindEurope congratulated to Türkiye for its “outstanding wind energy supply chain.”

According to the latest TUREB data, 150 main suppliers, 350 further sub-suppliers, said
Dickson, adding “This is truly impressive.”

“The rest of Europe is extremely grateful to you for it, because most of what your factories are producing is exported to the rest of Europe,” he noted.

“At the moment, the rest of Europe, that's the whole of Europe, excluding Türkiye, is building 18 gigawatts of new wind farms every year,” he added.

“Between now and 2030, that number is going to rise, on average, we will be building 27 gigawatts of new wind farms every year,” he explained.

“The market for your factories is growing. And the rest of Europe will be even more hungry for the equipment that you produce in this country,” he said.

With Anadolu as the Global Communication Partner, the two days TWEC 2024, a global platform for wind energy innovation, brings together experts from Europe and beyond.

By Duygu Alhan, Firdevs Yuksel and Handan Kazanci

Anadolu Agency

energy@aa.com.tr