EDF, Samsung, Acwa in race for Saudi 8GWh BESS project
RIYADH, 6 days ago
Saudi Power Procurement Company (SPPC) has announced that a total of 33 utility project developers have been prequalified for its 2GW/8GWh battery energy storage system (BESS) tender.
These include French groups EDF and Total Energies, Japanese heavyweights Marubeni, Sumitomo and Jera as well as Korean majors Samsung, Kepco, Korea Western Power and Posco and top regional players Acwa and Masdar.
Prominent companies from China are also in the race including China Energy Overseas Investment Company, Spic Huanghe Hydropower and Jinko Power (Hong Kong) as well as Southern Power Grid International.
Of the 33 prequalified bidders, 21 applied to provide both technology and management services for the BESS facilities, while the remaining 12 applied solely for asset management roles, said SPPC in a statement.
The combined capacity of Group 1 BESS projects is 2000 MW/4 hrs (8000 MWh), comprising the following projects:
*500MW/4 hrs Al-Muwyah BESS ISP Site and the 500MW/4 hrs Haden BESS ISP Site (both located in Makkah province)
*500MW/4 hrs Al-Khushaybi BESS ISP Site (Qassim province) and
*500MW/4 hrs Al-Kahafa BESS ISP Site (Hail province).
Each project will be developed under a build-own-operate (BOO) model, with the successful bidder holding 100 per cent equity in the special purpose vehicle (SPV) set up to develop and operate the Independent Storage Provider (ISP) project, said SPPC in a statement.
The projects mark the first phase of Saudi Arabia’s ambitious battery storage program, designed to support its goal of 50% renewable energy by 2030. Each 500 MW facility will operate for four hours, providing 2,000 MWh of total power capacity, it added.-TradeArabia News Service
