Saudi Arabia awards $1.16 billion contract for 8 GWh battery storage

Saudi Arabia's Power Procurement Company finalized four 15-year agreements with ACWA Power and Engie to build 2 GW of battery capacity, marking the first phase of the kingdom's storage expansion.

First covered Aug 24, 2026 · 11:28 PM PT · 1 article · no longer in the live window

Saudi Arabia awards $1.16 billion contract for 8 GWh battery storage — Image via pv-magazine.com

Coverage

33d PV Magazine Saudi Arabia awards $1.16 billion for 8 GWh of battery storage — The Saudi Power Procurement Company (SPPC) has finalized four 15-year storage service agreements with two consortiums led by ACWA Power and Engie.

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gdnonline.com KSA Business: Saudi Energy-Acwa, Engie consortiums land $1.16bn BESS projects contract

tradingview.com Saudi Arabia signs agreements for $1.16bln battery storage projects — TradingView News

Appeared in: 2026-08-25 (#5)

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