Saudi''s 22 GWh Energy Storage Vision by 2026
Saudi Battery Storage Market is projected to hit $1.69B by 2030, growing at 35.9% CAGR. Saudi aims for 48 GWh storage capacity by 2030.
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Riyadh, February 14, 2025, SPA -- The Kingdom of Saudi Arabia has achieved a leading position among the top ten global markets in the field of battery energy storage, coinciding with the launch of the Bisha Project, which has a capacity of 2000 MWh and is one of the largest energy storage projects in the Middle East and Africa.
Under the National Renewable Energy Program, which is overseen by the Ministry of Energy, Saudi Arabia aims to develop a total storage capacity of 48 gigawatt-hours by 2030. To date, projects totaling 26 gigawatt-hours have been tendered and are currently in various phases of development.
The recently operational Bisha battery energy storage project features 488 advanced battery containers with a storage capacity of 500 MW for a duration of four hours.
Saudi Arabia's energy sector is undergoing a comprehensive transformation, reinforcing its leadership position in the production and export of a variety of energy forms. By the end of 2024, it is projected that the total capacity of renewable energy projects across all stages of development will reach 44.1 GW.
Saudi Battery Storage Market is projected to hit $1.69B by 2030, growing at 35.9% CAGR. Saudi aims for 48 GWh storage capacity by 2030.
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The Bisha battery energy storage project, recently brought online, comprises 488 advanced battery containers, providing a total storage capacity of 500 MW for four-hour durations.
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Riyadh, February 14, 2025, SPA -- The Kingdom of Saudi Arabia has achieved a leading position among the top ten global markets in the field of battery energy storage, coinciding with the launch of the
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