[SMM PV News] Türkiye's Solar Capacity Tops 25.8 GW in Push for 2035 Goals

Published: Mar 24, 2026 09:20

Save

Türkiye's cumulative solar capacity reached 25,827 MW by the end of January 2026, representing a 641-fold increase since 2014. Following a 4.7 GW expansion in 2025 and the recent launch of its first major solar-plus-storage project (49.2 MW/34.1 MWh), solar now accounts for nearly 21% of the nation's total power. The government expects 2026 to be another record year, targeting an $80 billion investment pipeline to reach 120 GW of combined solar and wind capacity by 2035.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Common.Time.hoursAgo

Silver Market Price Review and Brief Expectations Commentary (March 26, 2026) [SMM Silver Market Weekly Review]

Common.Time.hoursAgo

Brief Review of the Spot Market and China Inventory (March 26, 2026) [SMM Silver Market Weekly Review]

Common.Time.hoursAgo

[SMM PV News] Waaree Energies Approves INR 39B for Solar Glass Plant and Ups Stake in Subsidiary

Waaree Energies has greenlit an INR 39 billion capital expenditure to build a solar glass manufacturing facility with a 2,500 MT per day capacity via its subsidiary, Waaree Green Glass. Additionally, the company's board approved an INR 1.9 billion cash acquisition to increase its equity stake in Waaree Transpower (formerly Kotsons) from 64.04% to 75.10%. Expected to close by June 2026, this move aims to fund capacity expansion for the subsidiary's advanced transformer solutions and further vertically integrate Waaree's supply chain.

Common.Time.hoursAgo