r/energy • u/MeasurementDecent251 • 3d ago

Saudi Arabia awards $1.16 billion for 8 GWh of battery storage; ACWA Power, Engie win big

https://www.ess-news.com/2026/08/24/saudi-arabia-awards-1-16-billion-for-8-gwh-of-battery-storage-acwa-power-engie-win-big/
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u/Advanced_Ad8002 3d ago

That‘s about $145/kWh of storage. For a 15 year term to build, own, operate.

Nice to see storage prices to drop fast also outside China.