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Türkiye, China sign $15 billion renewables investment plan
Türkiye and China have entered into a memorandum of understanding worth approximately $15 billion in investment for new renewable energy installations and electricity infrastructure in Türkiye.
AI Summary
Türkiye and China signed a memorandum of understanding for about $15 billion in investment to build new renewable energy installations and upgrade electricity infrastructure in Turkey. The agreement was reached between the Turkish Ministry of Energy and Natural Resources and China’s National Energy Administration. It was signed on the sidelines of COP31, which is being held in Antalya, Turkey, and will run until November 20.
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