The Energy Storage Report 2024

Now available to download, covering deployments, technology, policy and finance in the energy storage market

saudi arabia

May 21, 2024
Sungrow has agreed a partnership to deploy 160MW/760MWh of battery energy storage systems (BESS) and 165MW of PV inverters for a large off-grid project – AMAALA – in Saudi Arabia.
May 20, 2024
Saudi Arabian oil firm Aramco has entered into a memorandum of understanding (MOU) with Rondo Energy, a thermal energy storage company, following an equity investment.
March 8, 2023
ACWA Power has signed agreements to develop 1.4GW of solar PV and 1.2GW of energy storage projects in Uzbekistan.
December 15, 2022
During first China-Arab States Summit, Sungrow signed battery storage supply agreement for Saudi Arabia’s new ‘smart city’ megadevelopment.
November 3, 2022
Riyadh-based Tdafoq Energy will distribute Indian firm Delectrik Systems’ vanadium redox flow battery products in Gulf Cooperation Council (GCC) markets and set up a manufacturing facility in Saudi Arabia.
February 28, 2022
A consortium of developers has achieved financial close for US$1.3bn in debt facilities for the Red Sea project, a huge resort under construction off the coast of Saudi Arabia which plans to have the largest off-grid battery energy storage system at 1,200-1,300MWh.
October 19, 2021
Huawei Digital Power has said it will supply battery energy storage system (BESS) technology to what is thought to be the world’s largest off-grid energy storage project to date. 
June 10, 2021
This edition of our news in brief from around the world focuses on novel technologies promising several hours or more of competitively-priced energy storage.
November 19, 2020
A tourism development in Saudi Arabia which will have its own international airport and hopes to attract over a million visitors each year will be 100% powered by renewable energy, with the help of a 1,000MWh battery storage facility.
May 12, 2020
Construction looks set to begin this year on a factory building flow batteries, as a joint venture (JV) formed by German tech company Schmid Group and Saudi Arabian investment company Nusaned closed the transaction to seal its partnership.

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