government procurement price of MW scale storage system in Saudi Arabia

By GreenTech Insights · · >5 min read

How many mw / MWh battery energy storage systems will Saudi Arabia offer?

Saudi Arabia has announced the pre-qualification of bidders for its 2,000 MW/ MWh battery energy storage systems (BESS) tender under its renewable energy expansion strategy. The Saudi Power Procurement Company (SPPC) is administering the tender, which encompasses four projects of 500 MW each:

Who is Saudi power procurement Company (SPPC)?

Saudi Power Procurement Company (SPPC), licensed as the sole buyer of electrical energy and capacity from sources within the Kingdom, made the announcement on Monday (4 November). SPPC is soliciting bids for the development of four battery energy storage system (BESS) projects, each with 500MW output and 2,000MWh storage capacity.

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.

How many mw / MWh are there in Saudi Arabia?

The Combined Capacity of the Projects is 2,000 MW/ MWh and will be located across Saudi Arabia. Following are the project locations: Earlier, during December , SPPC announces the list of Qualified bidders. (read more) At present, SPPC sets the bid submission date as 02 June .

How will the new Bess procurement programme help Saudi Arabia?

The biggest share will be spent on transmission upgrades and renewable energy, with a smaller investment in the distribution network. SPPC said on Monday that the newly launched BESS procurement programme will enable Saudi Arabia to reach that 50% goal, with the current tender representing the first tranche of solicitations.

Does KSA have a storage service agreement with SPPC?

Each SPV will enter into a 15-year Storage Services Agreement with SPPC. As part of Vision , KSA aims to supply 50% of its electricity from renewable energy by and has set a clear plan to transition its energy mix towards solar, wind and other renewable energy sources.

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government procurement price of MW scale storage system in Saudi Arabia

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