Ankara plans a major expansion of renewable power capacity, with wind and solar expected to account for 175 gigawatts as part of its transition strategy…reports Asian Lite News Desk Türkiye plans to invest approximately $300 billion in its energy transition by 2040, with electrification and improved energy efficiency expected to generate cumulative savings of $240 billion, Energy and Natural Resources Minister Alparslan Bayraktar has said. Speaking at the COP31 climate conference in Antalya on Tuesday, Bayraktar said the country’s transition would require substantial investment, international partnerships and innovative technologies to meet its long-term energy targets. “We estimate that approximately $300