Russia Boosts Turkey's Nuclear Power Plant
Update: 2025-12-26
Description
Turkeys energy minister unveils $9 billion Russian financing for Akkuyu nuclear plant, now expected to start generating power in 2026. The project, initially set for 2021, is part of Turkeys push for homegrown nuclear energy. Meanwhile, Ankara is exploring nuclear plant projects with South Korea, China, Russia, and the US. On the renewables front, Turkey is in talks for a 5,000 MW solar package and a Gulf firm for solar and storage worth $1.5-$2 billion.
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