Türkiye received two separate financing packages from the World Bank for energy projects, with differing amounts and purposes
Türkiye received $464 million from the World Bank for renewable energy expansion, with focus on wind power, according to Daily Sabah. Separately, Türkiye received $748 million from the World Bank to upgrade its electricity grid, according to renewables.az. The $748 million package includes $708 million in loans from the World Bank, $38 million from the Clean Technology Fund, and $2 million in CTF-
The World Bank approved $464 million for renewable energy expansion in Türkiye, with focus on wind power, according to Daily Sabah. Separately, Türkiye received $748 million from the World Bank to upgrade its electricity grid, according to renewables.az. The $748 million package includes $708 million in loans from the World Bank, $38 million from the Clean Technology Fund, and $2 million in grant support under the CTF framework, according to renewables.az. The Türkiye Electricity Transmission System Transformation Project, which will be implemented by the Türkiye Electricity Transmission Corporation (TEİAŞ), was approved by the World Bank's Executive Directors, according to renewables.az. Türkiye’s total external concessional funding for 2025 is nearly $7 billion, according to renewables.az.
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