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The World Bank approves $748M for Turkey to upgrade its grid and boost renewable energy use.
The World Bank has approved $748 million in financing for Turkey to modernize its electricity transmission system, with the aim of integrating more renewable energy sources into the national grid.
This loan includes support from the Clean Technology Fund and aims to enhance Turkey's energy infrastructure and support its renewable energy goals, targeting significant wind and solar capacity by 2035 and net-zero emissions by 2053.
The financing will help expand the national transmission network and connect new power generation facilities, particularly those using renewable energy.
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El Banco Mundial aprueba $748M para Turquía para actualizar su red e impulsar el uso de energía renovable.