Technical FAQs 4

How many mw / 8000 MWh battery energy storage systems will Saudi Arabia offer?

Saudi Arabia has announced the pre-qualification of bidders for its 2,000 MW/8000 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:

How many MW / 2,000 MWh Bess projects are in a bid?

The tender comprises four 500 MW / 2,000 MWh BESS projects. Successful bidders enter into 15-year storage services contracts with SPPC and retain 100% equity in their projects through special purpose vehicle (SPV) companies.

Who are the bidders for a 2 GW / 8 GWh battery energy storage system?

The Saudi Power Procurement Company (SPPC) has released a list of 33 prequalified bidders for its 2 GW / 8 GWh battery energy storage system (BESS) tender. The tender, structured as a build-own-operate model, attracted major international players including Masdar, ACWA Power, EDF, TotalEnergies, Jinko Power and more.

How many energy storage projects will a bidder sign with SPPC?

The selected bidders will sign 15-year energy storage service agreements with SPPC for four 500MW/2000MWh BESS projects. The bidders will retain 100% ownership of their special purpose vehicle (SPV) projects. The four upcoming energy storage projects, all identical in scale, are strategically located within Saudi Arabia.

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