The MENA region – the next hot market for energy storage!

Share

From ESS News

The MENA region is starting to witness a drastic increase in large-scale battery energy storage systems (“BESS”) projects, accompanying a soaring penetration of renewable energy. This has happened at a pace, which seems to have surprised many market analysts.

Interested in more insights on Saudi Arabia?

Join our in-person event in Riyadh! The second edition of SunRise Arabia Clean Energy Conference will be held on February 19, 2025. Save the date and more information.

In the past, forecasts for the MENA region showed a few GWh for the coming years at best. Usually, the region was not even split into individual countries, but combined into a broad “other” bucket.

However, if you add up the numbers for Saudi Arabia (KSA) alone, we end up at 13 GWh of grid-scale BESS operational or in construction already today. And if we add recent tenders, this will lead to a whopping 33.5 GWh of BESS capacity by 2026. This would make KSA the third biggest global BESS market after the USA and China.

To continue reading, please visit our ESS News website.

The views and opinions expressed in this article are the author’s own, and do not necessarily reflect those held by pv magazine.

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.

Popular content

Chinese developer switches on world’s largest perovskite-based PV plant
09 December 2024 MicroQuanta, a Chinese perovskite solar specialist, has commissioned a 8.2 MW PV facility based on its 90 W perovskite panels in eastern China.