Saudi Arabia's government entity tasked with procuring electricity generation projects has commenced the qualification process for a 2GW/8GWh battery storage tender. Contact online >>
Saudi Arabia''s government entity tasked with procuring electricity generation projects has commenced the qualification process for a 2GW/8GWh battery storage tender.
Saudi Power Procurement Company (SPPC), licensed as the sole buyer of electrical energy and capacity from sources within the Kingdom, made the announcement on Monday (4 November).
Storage Services contracts with 15-year terms will be awarded on a build-own-operate (BOO) model, with bidders holding 100% equity in special purpose vehicle (SPV) companies set up for the development and operation of projects.
The SPPC tender, administered by the Saudi Ministry of Energy, runs alongside the National Renewable Energy Program (NREP). The procurement company is currently holding the fifth round of NREP auctions and recently shortlisted bids for four solar PV projects totalling 3.6GW of generation capacity, as reported by our colleagues at PV Tech.
According to energy minister Prince Abdulaziz bin Abdullah Al Saud, speaking in 2021, the government is expected to spend around US$293 billion on power and energy projects by that time. The biggest share will be spent on transmission upgrades and renewable energy, with a smaller investment in the distribution network.
SPPC said on Monday that the newly launched BESS procurement programme will enable Saudi Arabia to reach that 50% goal, with the current tender representing the first tranche of solicitations.
The locations for the four BESS facilities, dubbed independent storage projects (ISPs) by SPPC, have been decided. Two will be deployed in Makkah province, one in Qassim province, and the other in Hail province.
Qualified bidders will have until midday, 25 November 2024, to respond to the request for information (RFI) and request for qualification (RFQ). Bid applicants must include both a Managing Member and Technical Member, although these could be the same entity if eligible.
Managing Members must have experience in project development including financing, or be a significant shareholder in independent power producer (IPP) or BESS projects which are operational.
It needs to have been involved in either conventional or renewable IPP or BESS projects with a minimum 500MW capacity in operation for which it acted as the developer or significant shareholder within the last 15 years, or a minimum of 200MWac projects if renewables only over the same timeframe, or 50MW of BESS projects within the last five years.
Technical Members also need to have a track record of delivering projects, as set out in tender documents, including design, procurement, construction and operation of conventional or renewable IPP projects or battery storage.
Large-scale battery storage projects announced to date in Saudi Arabia include what has been described as the world''s largest off-grid BESS for a new luxury resort on the Red Sea Coast, a 536MW/600MWh system for the new-build Neom ''smart city'' development, and a solar-plus-storage off-grid project for another ''megatourism'' development, this time paired with solar PV.
Chinese BESS-specialised battery manufacturer Hithium recently announced that it intends to build a factory with 5GWh annual production capacity in Saudi Arabia in a joint venture (JV) with MANAT, a Saudi engineering firm.
Riyadh, Kingdom of Saudi Arabia, May 21, 2024 -- Sungrow, the global leading PV inverter and energy storage system provider, has forged a strategic partnership with Larsen & Toubro
Upon completion in 2027, the AMAALA destination will stand as the world''s second largest off-grid energy storage endeavor, delivering uninterrupted green power 24/7 with zero carbon emissions, advancing Saudi Arabia''s journey towards carbon neutrality.
AMAALA represents a cornerstone of Saudi Arabia's strategic initiatives, with the entire destination set to operate solely on renewable energy. When fully operational, it will generate over 50,000 jobs and contribute more than 11 billion riyals to the Kingdom''s GDP. Spanning 4,155 square kilometers along the Red Sea coast, AMAALA will feature 29 hotels, 3,900 rooms, 1,200 luxury villas, apartments, and estate homes, complemented by upscale retail, dining, and leisure facilities.
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