Türkiye secured €400 million ($468.4 million) in World Bank-backed financing to accelerate investments in wind, solar, and battery storage. The funding is expected to help deliver 1,579 MW of renewable energy capacity, support 392 MWh of battery storage, and mobilize up to $405 million in private capital. The €400 million ($468.4 million) package consists of two €200 million (~$229.06 million) loans provided through the state-run lenders, Development and Investment Bank of Türkiye and the Industrial Development Bank of Türkiye. The funding will be utilized to expand the country’s renewable energy program to cover onshore wind and battery energy storage systems.