Saudi ACWA Power in Strategic Partnership Talks with Solwie Energy for Solar Investments in Turkey
Ankara – June 2025
Saudi Arabia-based energy giant ACWA Power has entered into talks to establish strategic partnerships with local players as part of its planned $2 billion solar energy investment in Turkey. One of the most prominent potential partners under consideration is Solwie Energy, a rapidly growing Turkish company in the renewable energy sector.
According to a report released by SDE, ACWA Power is particularly focusing on both licensed and unlicensed solar projects in regions of Turkey with high solar potential. The ongoing discussions with Solwie Energy are said to be at an advanced stage.
Although Solwie Energy has not made any official statement regarding the negotiations, company officials have signaled positively toward the possibility of a strategic alliance. Talks are reportedly centered around areas such as project development, engineering, domestic supply chains, and green hydrogen integration.
As part of its Turkey operations, ACWA Power aims to establish a solar energy portfolio exceeding 1000 MW, a move expected to contribute significantly to regional economic growth and energy supply security.
Solwie Energy CEO Samet Koç has previously emphasized the company's mission, stating: 'We are committed to being a part of the global energy transition through local expertise.' He has also underscored that Turkey should be seen not only as an investment destination but also as a hub for production and technology.
Industry sources highlight that this collaboration could support Turkey's energy independence goals while also fostering mutual trust between domestic and international investors.
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