Turkey declared an ambitious goal of quadrupling wind and solar power generation capacity to 120 GW over the next decade as well as building two more nuclear plants, requiring expansions to its transmission grid.
"The financing will be used for high voltage DC transmission line investments," Bayraktar said on X.
Turkey plans major expansions to its electricity transmission and distribution system, including a thousands of km long high voltage direct current (HVDC) transmission system, requiring around $28 billion.
(Reuters, November 24, 2025)