Saudi Arabia and Syria signed three Power Purchase Agreements (PPAs) for 760MW of solar projects in Rif Dimashq, supported by 1,077MWh of battery storage, alongside technical cooperation agreements with Saudi Electricity Project Development Company and Siemens Energy.
Royal Vopak has reached an agreement in principle with Green Energy Storage (GES) for the acquisition of a majority stake in GES. The transaction marks a strategic step to accelerate the development of large-scale battery energy storage systems (BESS) in the Netherlands.
Nama Power and Water Procurement and O-Green signed a Power Purchase Agreement for Oman’s 2.7GW Continuous Renewable Energy Project in Mahout and Duqm, combining solar, wind and battery storage to deliver reliable round-the-clock clean electricity.
The Saudi Power Procurement Company (Principal Buyer) has commenced the qualification process for the second group of Battery Energy Storage System (BESS) projects, consisting of a total of six projects.
Abu Dhabi renewable energy group Masdar, said along with consortium partners - Al Khadra Partners, Korea Midland Power Company (Komipo) and OQ Alternative Energy - it has achieved the financial close for Ibri III, the first utility-scale solar and battery storage project in Oman.