China-based Sungrow has signed a memorandum of understanding with Tadawul-listed ACWA Power to provide a 536MW/600MWh energy storage system for Saudi NEOM, the $500 billion futuristic city taking shape in Tabuk.
As part of the MoU, Sungrow will provide cutting-edge energy storage system (ESS) solutions, which make the gigaproject more profitable and would enable a more efficient project delivery, safer operation, and more hassle-free operation and maintenance, contributing to building a “next generation of Saudi cities”.
The Middle East is one of the most potential solar and energy storage hubs, and also one of Sungrow’s essential strategic markets.
With several years of continued commitment, Sungrow has established a dedicated local team. In addition, Sungrow has supplied a multitude of landmark projects including a 1.6 GW Sudair PV project in Saudi Arabic; an 800MW PV project in Qatar; a 900MW PV project in Dubai; a 1.5GW PV project in Abu Dhabi; as well as a large number of solar-plus-storage projects.Â
Saudi NEOM has been one of the vital elements of the kingdom’s move from its dependence on oil to a greener future, aiming to achieve exceptional livability, thriving businesses, and reinventing conservation, in line with Saudi Vision 2030.Â
