Saudi Arabia signs 2 GW of battery storage deals in its first BESS tender
The Saudi Power Procurement Company signed storage service agreements on August 20, 2026 for the first group of four battery storage projects: 2,000 MW of four-hour storage (8,000 MWh) representing more than SAR 4.35 billion (about $1.16 billion) in investment. Three plants went to a consortium of Saudi Energy, ACWA Power, and Al Sharif Contracting; the fourth to a consortium of Engie and Haji Abdullah Alireza & Co.
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