Türkiye’s battery sector exceeds $1B in investments
Bank of lithium ion batteries at the University of California San Diego Center for Energy Research in La Jolla, California, U.S. (AFP Photo)
Investments 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.
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.
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.
Kadem Usta, head of the Turkish Cell, Battery Pack Manufacturers and Suppliers Association, emphasized the significance of this year’s developments in the global battery industry, including Türkiye’s ambitious investments.
“The integration of renewable energy sources and recycling efforts were notable worldwide, but in Türkiye, the HIT-30 incentives and battery investment projects were key drivers of growth,” Usta told Turkish state-run news agency Anadolu. “The program promotes battery production and energy storage systems, accelerating investments.”
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.
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.
Türkiye’s battery imports remained steady at around $1.1 billion, similar to last year. Usta forecasted that exports would rise from $39 million to $48 million by the end of the year.
He also highlighted the success of the association’s summit, which attracted international interest and further strengthened Türkiye’s standing in the battery sector. 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.
