Is Saudi Arabia developing a large-scale battery storage project?

The project is among several large-scale battery storage initiatives being developed in Saudi Arabia. In an ongoing procurement, the Saudi Power Procurement Company (SPPC) is tendering four 500 MW / 2,000 MWh BESS projects.

Why is energy storage important in Saudi Arabia?

Energy storage is a vital component of this transition, providing grid flexibility and enabling the integration of intermittent power sources such as solar and wind. The project is among several large-scale battery storage initiatives being developed in Saudi Arabia.

Why is Saudi Arabia investing in lithium?

This surge in energy storage capacity is complemented by Saudi Arabia’s strategic investments in the lithium supply chain, a critical component for battery production. Saudi Aramco, in partnership with state-owned mining company Ma’aden, plans to commence commercial lithium production by 2027.

How many GWh of energy storage will Saudi Arabia have by 2025?

Projections indicate that Saudi Arabia aims to operate 8 GWh of energy storage projects by 2025 and 22 GWh by 2026, positioning the nation as the third-largest global market for energy storage, following China and the United States.

Who are Saudi power procurement Company (SPPC) bidders?

In an ongoing procurement, the Saudi Power Procurement Company (SPPC) is tendering four 500 MW / 2,000 MWh BESS projects. The list of prequalified 33 bidders was released earlier in January, revealing Masdar, ACWA Power, EDF, and TotalEnergies as competitors for 15-year storage services agreements.

How will Saudi Arabia's Amaala off-grid project work?

In line with the goals of Saudi Arabia's "Vision 2030" and the "Belt and Road" initiative, the AMAALA off-grid project will supply continuous green electricity to local desalination and wastewater treatment plants.