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Saudi Arabia’s 8 GWh Battery Buy Is an Oil-Export Play

Saudi Arabia’s 8 GWh Battery Buy Is an Oil-Export Play

Aug 25, 2026 | Battery Technology, Policy & Regulations, Renewable Energy, Smartgrids

Saudi Arabia has signed $1.16 billion in contracts for 2,000 MW of grid batteries, each site holding four hours of storage, for a combined 8 GWh. The offtaker, the state’s Saudi Power Procurement Company, has agreed to pay for them for fifteen years whether they...