The Turkish Wind Energy Association (TÜREB) and the Global Wind Energy Council (GWEC) held the “TÜREB-GWEC COP31 Ministers and Investors Meeting" in Antalya as part of COP31, which Türkiye is hosting 9–20 November.
Speaking at the meeting, Investment and Finance Office President A. Burak Dağlıoğlu highlighted the investment opportunities emerging from Türkiye's energy transition. He noted that Türkiye has attracted approximately USD 300 billion in foreign direct investment since 2003, with energy among the five sectors receiving the highest investment. He also emphasised the importance of investment in both electricity generation and energy equipment manufacturing.
“Türkiye's new energy roadmap offers a strong and predictable investment environment for investors and financial institutions. In addition to investments in energy generation, financial institutions also have an important role to play in this process," Dağlıoğlu said.
Dağlıoğlu said COP31 brings stakeholders together and provides important opportunities for international cooperation and the exchange of experience. He also identified clean energy as one of the priority areas of the Investment and Finance Office of the Presidency of the Republic of Türkiye.
Deputy Minister of Energy and Natural Resources Zafer Demircan said that, under the National Energy 2040 plan, Türkiye aims to quadruple its installed wind power capacity by 2040 and develop 6 GW of offshore wind capacity. By the end of September, Türkiye's installed wind capacity had exceeded 15 GW, while wind power accounted for more than 12 percent of electricity generation.
Demircan said Türkiye's first offshore wind tender, for approximately 1 GW of capacity, is planned for the first quarter of 2027. Four areas have been identified for the initial phase of offshore wind development, and technical studies have been completed. Regulatory work is also underway to enable capacity increases at existing wind power plants.