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Saudi Arabia Awards Over US$1.16 Billion Battery Storage Contracts to ACWA Power and Engie Consortia for 2GW Projects.

Aug 26, 2026•about 3 hours ago

Contract Type

contract

RiyadhWaterWater Purification

Description

Saudi Arabia's Power Procurement Company has awarded four service contracts to ACWA Power and Engie for large-scale battery storage projects. Each agreement involves the construction of 500MW battery energy storage systems with a total capacity of 2,000MWh, aligning with the country's Vision 2030 goals for renewable energy.

Company Information

Company

Acwa

Location

Riyadh, Riyadh Region, Saudi Arabia

About

Acwa is a leading utility developer in Saudi Arabia, focused on water and electricity projects. The company aims to expand its global portfolio and improve sustainability. Acwa operates in several countries, managing numerous utility assets. It is known for its innovative projects in the energy and water sectors.

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