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ISTANBUL: Turkiye and the World Bank signed an agreement for $1 billion program to support renewable energy expansion efforts, the bank said on Thursday.

The program will help establish and expand Turkiye’s market for distributed solar energy and pilot a program for battery storage, the bank said in a statement.

Greek premier to visit Turkiye in quest for better relations

The country’s Development and Investment Bank of Turkiye (TKYB) and Industrial Development Bank of Turkiye (TSKB) will be implementing the programme, the bank said.

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