What's happening in Türkiye's lithium ion battery sector?

Bank of lithium ion batteries at the University of California San Diego Center for Energy Research in La Jolla, California, U.S. (AFP Photo) I nvestments in Türkiye 's battery sector surpassed $1 billion this year, driven by incentives and regulations aimed at achieving an 80-gigawatt-hour storage target by 2030.

Why is Türkiye a key player in energy storage?

As global investments in energy storage systems continue to grow, Türkiye has positioned itself as a key player, with two cell production facilities and nearly 100 lithium-ion battery production factories of various scales actively operating across the country.

How many battery production facilities are there in Turkey?

New facilities capable of producing up to 5 gigawatt-hours of cells and batteries will be established in Ankara, Istanbul, Izmir, and Kocaeli, Usta said, adding that agreements signed this year alone exceeded $1 billion in investments. With these new additions, the total number of battery production facilities in Türkiye will reach 11.

Will Türkiye become a hub for battery technology?

Under the HIT-30 investment program, Türkiye seeks to become a regional hub for battery technology, with plans to build a capacity of 80 gigawatt-hours by 2030.

Is Türkiye ready for a new battery industry in 2025?

Looking ahead to 2025, Usta predicted an influx of new companies, both domestic and foreign, joining the industry, a testament to Türkiye's potential for energy independence and global competitiveness. The association is set to host another battery summit in October next year.

How many battery plants are there in Türkiye?

With these new additions, the total number of battery production facilities in Türkiye will reach 11. However, Usta noted that despite draft regulations, the legal framework for battery and storage power plants is still evolving. The first approvals are expected next year.