Türkiye and Saudi Arabia have signed a two billion dollar agreement to develop large-scale solar energy projects, marking a significant expansion of bilateral economic cooperation and reinforcing both countries’ ambitions to accelerate the transition to renewable power.

The pact, announced following high-level talks between officials and energy executives from both nations, is expected to cover the development, construction and operation of solar facilities designed to boost clean electricity generation capacity.

The agreement forms part of broader efforts by Riyadh and Ankara to strengthen investment ties across energy, infrastructure and advanced industries.

Saudi Arabia has rapidly expanded its renewable energy portfolio under its long-term economic diversification strategy, aiming to reduce domestic oil consumption for power generation and position itself as a global leader in sustainable energy production.

Large-scale solar developments are central to the Kingdom’s target of significantly increasing the share of renewables in its national energy mix over the coming decade.

Türkiye, which has also increased its renewable capacity in recent years, brings technical expertise and engineering capability to the partnership.

Turkish firms have become active participants in international infrastructure and energy projects, and the agreement is seen as opening further commercial opportunities in the Gulf region.

Officials described the deal as a strategic milestone that reflects deepening political and economic coordination between the two countries.

Analysts note that cooperation in renewable energy aligns with broader regional shifts toward diversification, green technology investment and cross-border capital flows.

The solar pact is expected to contribute to job creation, technology transfer and enhanced energy security, while supporting global climate commitments and regional sustainability objectives.