2 billion dollar energy agreement between Turkey and Saudi Arabia.

2 billion dollar energy agreement between Turkey and Saudi Arabia.

03.02.2026 21:11

The first news of an agreement came from President Erdoğan's official visit to Saudi Arabia. A $2 billion energy investment agreement was signed between Turkey and Saudi Arabia, which includes the first phase of solar energy projects with a capacity of 2,000 megawatts.

The Minister of Energy and Natural Resources, Alparslan Bayraktar, announced that a $2 billion energy investment agreement has been signed with Saudi Arabia, which includes solar energy projects with an initial capacity of 2,000 megawatts.

OFFICIAL WELCOME FOR ERDOĞAN IN RIYADH

President Recep Tayyip Erdoğan was officially welcomed by Crown Prince Mohammed bin Salman in the capital of Saudi Arabia, Riyadh, during his official visit. Following this, the national anthems of both countries were played.

Erdoğan and Saudi Arabia's Crown Prince Mohammed bin Salman chatted until the entrance of the building. After the introduction of the delegations from both countries, President Erdoğan and Crown Prince Mohammed bin Salman met at the Yamama Palace to participate in the inter-delegation meeting.

$2 BILLION ENERGY AGREEMENT

The first news of an agreement came from the official visit. Minister of Energy and Natural Resources Alparslan Bayraktar announced that a $2 billion energy investment agreement has been signed with Saudi Arabia. The agreement includes solar energy projects with an initial capacity of 2,000 megawatts.

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