Saudi Arabia Awards 4.9 GWh Energy Storage Contracts to HiTHIUM and Alfanar
The Saudi Electricity Company (SEC) has awarded two massive battery energy storage projects with 4.9 GWh combined capacity in the northern region. These contracts signal Saudi Arabia’s renewable energy transition, awarded to China’s HiTHIUM and local firm Alfanar Projects.
Major Step in Saudi Arabia’s Renewable Energy Transition
Costing between $73-75/kWh, these projects set new benchmarks for large-scale storage solutions in the MENA region. The country aims for 50% renewable energy by 2030, with storage being crucial for grid stability.
Project Partners: Global and Local Expertise
HiTHIUM brings advanced battery technology while Alfanar provides regional engineering leadership. This partnership combines global innovation with local market knowledge.
Driving Solar and Storage Integration
The projects accelerate solar-plus-storage adoption, addressing the challenge of intermittency in renewable generation. Modern thermal management systems ensure reliability in extreme desert conditions.
Economic and Environmental Benefits
With competitive storage costs, Saudi Arabia demonstrates that large-scale battery projects can be economically viable while supporting its climate goals.
Setting New Industry Standards
These projects establish Saudi Arabia as a leader in energy storage deployment, potentially influencing global storage markets and inspiring similar initiatives worldwide.
