Türkiye offshore wind project set to create $3B investment, sector head says


· 2 min read
illuminem summarises for you the essential news of the day, reviewed by our editorial team. Read the full piece on Türkiye Today or enjoy below:
🗞️ Driving the news: Türkiye is preparing its first offshore wind tender, with a planned 1,000 MW renewable energy resource zone expected to attract around $3 billion in investment if awarded in the first quarter of 2027
• Tender details are expected in late 2026
🔭 The context: The project is part of Türkiye’s ambition to reach 5,000 MW of offshore wind capacity by 2035
• TUREB head Ibrahim Erden said offshore wind typically achieves higher capacity factors than onshore projects, around 45–50% versus 35%, potentially helping offset higher construction and technology costs
• The project could also stimulate offshore construction, specialized manufacturing, maritime transport and shipbuilding
🌍 Why it matters for the planet: Scaling offshore wind can expand renewable electricity generation and reduce reliance on fossil-fuel power, provided projects are developed with appropriate environmental safeguards and grid infrastructure
• Türkiye’s offshore buildout could therefore contribute to its longer-term power-sector decarbonization
⏭️ What’s next: The government is expected to publish tender details in the fourth quarter of 2026, with the auction targeted for Q1 2027
• Companies from Europe, China and the Middle East have reportedly expressed interest as investors or technology providers
💬 One quote: “Once the offshore ecosystem becomes economically viable, it will also have a positive impact on other economies and sectors and act as a catalyst,” said Ibrahim Erden.
📈 One stat: $3 billion — the investment expected from Türkiye’s first 1,000 MW offshore wind project.
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