Fact checkBusinessPublished May 3, 2026

The claim

“Turkey and Saudi Arabia signed a roughly $2 billion agreement on February 20 in Istanbul to construct two solar power plants, and Turkey's AKP government submitted a bill to parliament seeking approval of this agreement.”

Speaker under reviewSource under reviewMay 3, 2026

Our verdict

Misleading

Multiple sources confirm a roughly $2 billion agreement between Turkey and Saudi Arabia for solar plants and that the AKP government submitted a bill for parliamentary approval, but they disagree on the signing location—TurkishMinute states it was signed in Istanbul on February 20, while invest.gov.tr indicates the agreement was signed in Riyadh.

What we found

This contradiction prevents a fully true rating.

The evidence

1 of 2 sources contradict the claim; none support it.

Contradict 1Support 0Background 1
  • Background

    TurkishMinute reports the agreement was signed at a waterfront palace on the Bosporus Strait in İstanbul on Friday (Feb 20) and valued at about $2 billion, with ACWA Power to build two 1,000 MW plants in Sivas and Karaman Taşeli.

    turkishminute.com· TurkishMinute report
  • Contradicts the claim

    Invest.gov.tr states the agreement was signed in Riyadh by Turkey's Energy Minister and Saudi Arabia's Energy Minister, worth approximately USD 2 billion, focusing on solar and wind projects.

    invest.gov.tr· Invest.gov.tr report

How we checked

We reviewed 2 relevant sources.

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