Energy, Oil & Gas

Saudi Energy-Acwa, Engie consortiums land $1.16bn BESS projects contract

The Saudi Power Procurement Company (SPPC), the Principal Buyer, has awarded consortiums of Saudi Energy and Acwa Power as well as French utility major Engie contracts worth over SAR4.35 billion ($1.16 billion) for the first group of Battery Energy Storage System (BESS) projects in Saudi Arabia....

Energy, Oil & Gas

Global battery storage capacity to rise sixfold by 2030: GlobalData

Global battery energy storage system (BESS) capacity is forecast to increase sixfold between 2025 and 2030, growing at a 42 per cent CAGR, as rising electricity demand from electrification, industry and AI-driven data centres accelerates investment, according to GlobalData....

Energy, Oil & Gas

EDF, Marubeni, Acwa, Masdar in race for 12,000 MWh Saudi BESS projects

The Saudi Power Procurement Company (Principal Buyer) has prequalified 27 leading developers including global utility majors EDF, Kepco and Marubeni as well as regional heavyweights Masdar and Acwa for its second group of Battery Energy Storage System (BESS) projects with a total capacity of 12,000 MWh....

Energy, Oil & Gas

Envision Energy signs 660MWh battery storage deal in South Africa

Envision Energy has signed a 660MWh battery energy storage system (BESS) supply agreement with SOLA Group and WBHO for the Naos-1 project, a major hybrid renewable energy development in South Africa....

Energy, Oil & Gas

EDF, Masdar sign 15-year power deal for Big Beau solar project

EDF power solutions North America and Masdar, Abu Dhabi energy company, co-owners of the BigBeau Solar+Storage Project, have entered into 15-year power purchase agreements covering the output from the 128 megawatt (MWac) solar plant and its 40 MW/160 MWh battery energy storage system....

Energy, Oil & Gas

Saudi Energy commissions world’s largest 2.5GW grid BESS storage project

Saudi Energy (formerly Saudi Electricity Company) said it has commissioned the world’s largest grid-side grid-forming Battery Energy Storage System (BESS) project with a total installed capacity of 2.5GW, utilising BYD’s advanced energy storage technology across five strategic locations in Saudi Arabia. ...

Energy, Oil & Gas

UAE-based GSU launches second phase of Green Berbera Initiative

Abu Dhabi-based Global South Utilities (GSU), a resources investment company, announced the project commencement of a 12 MWp solar photovoltaic (PV) power plant integrated with a 70 MWh Battery Energy Storage System (BESS) in Berbera, as part of Phase II of the Green Berbera Initiative. ...

Energy, Oil & Gas

ZOE JV to build Saudi Arabia's first world-class BESS manufacturing facility

ZOE Energy Storage has signed a joint venture with a Saudi partner to build the country's first world-class battery energy storage system manufacturing facility. ...

Energy, Oil & Gas

TotalEnergies finalises investment in Kazakhstan Mirny Wind, BESS project

TotalEnergies has taken the Final Investment Decision and secured financing for the Mirny onshore wind and Battery Energy Storage System (BESS) project in Kazakhstan....