Huawei Digital Power has been awarded a contract by fellow Chinese firm SEPCO III to develop renewable power generation and storage capacity at Saudi Arabia’s Red Sea Project. Under the 16 October award, it will develop a 400MW solar PV plant alongside a 1,300MWh battery energy storage solution (BESS), which it labels “currently the world’s largest energy storage project.”
The Red Sea Project, located around 200km north of Yanbu (see map), is one of the ‘gigaprojects’ being developed by the Public Investment Fund (PIF) and is a cornerstone of the kingdom’s economic diversification plans. (CONTINUED - 135 WORDS)