Large scale battery storage tender price in Saudi Arabia 2026

What is Saudi Arabia's battery storage program?

The projects mark the first phase of Saudi Arabia’s battery storage program, designed to support its goal of 50% renewable energy by 2030. Each 500 MW facility will operate for four hours, providing 2,000 MWh of total power capacity, said the Saudi Power Procurement Company (SPPC).

Who are the bidders for a 2gw/8gwh battery energy storage system?

Credit: Canva The Saudi Power Procurement Company (SPPC) has announced the 33 shortlisted bidders for its highly anticipated 2GW/8GWh battery energy storage system (BESS) tender. The tender, structured under a build-own-operate model, has garnered interest from prominent global players, including Masdar, ACWA Power, and Jinko Power.

How much battery storage will Saudi Arabia be able to deploy?

According to recently reported remarks from energy minister Prince Abdulaziz bin Salman Al Saud from an event held in the Kingdom, the country is targeting the deployment of 48GWh of battery storage by the end of this decade.

Will Saudi Arabia host a gigawatt-hour battery storage facility?

In addition to public-private partnerships such as through SPPC, Saudi Arabia will host gigawatt-hour scale battery storage facilities to integrate renewable energy at major infrastructure projects such as the Red Sea Project coastal tourist destination. Image: Red Sea Global.

Will Saudi be the third biggest Bess market in 2026?

And if we add recent tenders, this will lead to a whopping 33.5 GWh of BESS capacity by 2026. This would make Saudi the third biggest global BESS market after the USA and China. While KSA is certainly leading the pack, increasing deployments can be witnessed all across MENA and the Gulf or GCC region in particular.

What is Sungrow's battery storage partnership with algihaz holding?

The initiative represents the largest coordinated battery storage deployments announced globally to date. In the past months, Sungrow secured a 7.8 GWh battery storage deal with Saudi Arabia’s Algihaz Holding for projects located in Saudi Arabia. This content is protected by copyright and may not be reused.