Russian Deputy PM Alexander Novak stated at the St. Petersburg International Economic Forum that a recent global dip in energy investments poses risks to the international economy, warning that supply and demand balances will suffer without continued investment.
President Erdoğan inaugurated 2025 renewable energy investments across Turkey, emphasizing the nation's growing role as an energy hub amid global crises. He highlighted the importance of energy security and reducing foreign dependency, noting Turkey's economic growth and its 5th place in Europe for renewable energy capacity.
Global energy investments are projected to hit $3.4 trillion in 2026, driven by electricity and supply security concerns following recent energy crises. Low-emission sources will dominate, with significant growth in renewables and nuclear, while fossil fuel investments show mixed trends.
Migros has expanded its solar power plant investments in Turkey, adding new facilities in Kırşehir, Malatya, Erzurum, Erzincan, and Ağrı to its existing sites in İzmir, Adana, and Muğla. The total installed capacity has reached 105.3 MWp, covering 1,000 acres and meeting 24% of Migros's annual energy needs.
