Saudi Power Procurement signs four BESS agreements worth $1.16bn

Saudi Power Procurement signs four BESS agreements worth $1. 16bn EDT 2 min read The Saudi Power Procurement Company, also known as the Principal Buyer, has signed four storage service agreements for battery energy storage system (BESS) projects. The projects will provide a total capacity of 2GW with four-hour storage with a planned investment of more than $1. 16bn (SR4.

Summarised by Agaah from Yahoo Finance. Agaah aggregates 36 sources and removes duplicate coverage — all news, one place.