Riyadh, Saudi Arabia
Image: Dating Scout/Unsplash
By ESS news
Chinese battery storage manufacturer ZOE Energy Storage has signed a joint venture with an unnamed Saudi partner to set up a BESS production facility in the Kingdom, its second overseas production center after Hungary.
The 150-acre facility will be built in two phases. Phase I targets an annual production capacity of 6 GWh, with production starting in the first quarter of 2027. Phase II expands that to 18 GWh, although no timeline for the second phase has been confirmed.
ZOE says the facility will carry the “Made in Saudi” certificate and comply with local network codes, aiming to supply Saudi Arabia, the wider Gulf region, the Middle East, North Africa, Central Asia and Africa. A Green Energy Academy is planned on site for technical training.
The Saudi partner is not mentioned in the announcement. ZOE also did not disclose the capital cost of the facility or the ownership structure of the joint venture.
Previously in Saudi energy storage agreements The Chinese battery manufacturer Cornex is called Al Rajhi Electrical for another localization and supply agreement of 5.5 GWh. Al Rajhi Electrical is a wholly owned subsidiary of the Saudi diversified conglomerate Al Rajhi Group and a major shareholder of ACWA POWER
Saudi Arabia has set targets of 130 GW of renewables, 48 GWh of energy storage and 50% clean energy generation as part of Vision 2030, creating demand for domestic production capacity that the country currently meets through imports.
“The Middle East is a key driver of global energy transformation. This manufacturing base is a decisive step in our global strategy,” said Huang Jun, Chairman of ZOE Energy Group.
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