PIF | Giga-Projects | Public Investment Fund
The giga-projects are designed to stimulate the economy and their benefits are expected to expand significantly beyond the real estate and infrastructure sectors, helping to diversify the economy away from oil, especially given their sheer scale.
Saudi Aramco to expand investments in lithium as it
Saudi Aramco, the world''s largest oil company, is to expand its investments in lithium production in the race to build a supply chain for the metal vital for batteries to power electric cars
SEC receives Bids for 1,000 MW Battery Energy Storage System
Saudi Electricity Company (SEC) receives Bidders Proposals for Battery Energy Storage Systems (BESS) having Combined Capacity of 1,000 MW. The Project location is in
Hithium plans manufacturing capacity in Saudi Arabia,
To enhance grid stability as renewable energy capacity increases, Saudi Arabia plans to build 24 GWh of battery energy storage systems between 2024 and 2025. Currently, 8 GWh of projects are under construction,
The Future of Battery Market in the Middle East & Africa
Across the region, governments and private sector players are investing in battery production, assembly, and integration to meet the needs of emerging energy ecosystems. In particular,
[SMM Analysis] 2.5GW/12.5GWh! BYD Successfully Wins the Bid
In January 2025, BYD successfully secured the world''s largest energy storage order to date, with a scale of 2.5GW/12.5GWh. The project is distributed across five key locations in Saudi Arabia:
Saudi Arabia Discovers Lithium Reserves in Oil Fields
Saudi Arabia has unveiled a significant milestone in its economic diversification efforts, discovering lithium reserves within its oil fields near the sea. The breakthrough, spearheaded by Saudi Aramco, represents a
Aramco and Lihytech Announce Strategic
Aramco, one of the world''s leading integrated energy and chemicals companies, and Saudi Lithium Infinity (Lihytech), an innovative startup incubated by King Abdullah University of Science and Technology (KAUST),
Saudi Arabia''s Lithium Leap: LiHyTech Fuels Vision 2030
Saudi Arabia extracts lithium from oilfield runoff, a groundbreaking first for the region. Startup LiHyTech is set to spearhead commercial lithium production, aligning with
BYD Got Saudi Arabia''s 12.5GWh Battery Storage System Project
According to Official Account Weixin lD@gh_5d67ff58c348, recently, Saudi Electricity Company (SEC) announced the award of a series of contracts for Battery Energy
Saudi Arabia commissions its largest battery energy
Energy storage is a vital component of this transition, providing grid flexibility and enabling the integration of intermittent power sources such as solar and wind. The project is among several large-scale battery storage
HiTHIUM''s Breakthrough ∞Cell 1175Ah Powers Landmark 4GWh
RIYADH, Saudi Arabia, Aug. 27, 2025 /PRNewswire/ -- HiTHIUM, a leading global manufacturer of energy storage solutions, has been awarded a major contract by Saudi
Saudi Arabia commissions its largest battery energy storage system
Energy storage plays a crucial role in this transition, providing grid flexibility and enabling the integration of intermittent power sources like solar and wind. This project is one of
Saudi Arabia Discovers Lithium Reserves in Oil Fields
Saudi Arabia has unveiled a significant milestone in its economic diversification efforts, discovering lithium reserves within its oil fields near the sea. The breakthrough,
New lithium-extraction technique developed at KAUST could boost Saudi
KAUST scientists have developed an innovative technology that could place Saudi Arabia at the forefront of the lucrative lithium production industry. The researchers
Aramco-Ma''aden JV to mine lithium in Saudi Arabia
Speaking to Reuters on Wednesday, Saudi Arabia''s mining minister, Bandar Alkhorayef, said the project to extract lithium was "promising, but not yet commercially viable". Lithium is a major component in the energy
Saudi Tenders
2 天之前· View latest Global tenders from saudi arabia. Search Global Tender Notices, ICBs, Bidding Contracts published by various Government Department, Multilateral Funding Agencies, Private Companies from saudi arabia.
Saudi Arabia Emerges as Global Energy Storage
4 天之前· Projections indicate that Saudi Arabia aims to operate 8 GWh of energy storage projects by 2025 and 22 GWh by 2026, positioning the nation as the third-largest global market for energy storage, following China and the
Saudi Arabia Lithium Market (2025-2031) Outlook
Challenges of the Market The Saudi Arabia lithium market has immense potential due to the increasing demand for lithium-ion batteries used in electric vehicles and renewable energy storage. However, the challenge lies in establishing a
[SMM Analysis] 2.5GW/12.5GWh! BYD Successfully Wins the Bid for Saudi
In January 2025, BYD successfully secured the world''s largest energy storage order to date, with a scale of 2.5GW/12.5GWh. The project is distributed across five key locations in Saudi Arabia:
Saudi Arabia commissions its largest battery energy
Saudi Arabia has officially connected its largest battery energy storage system (BESS) to the grid, marking a significant milestone in the country''s renewable energy expansion. The project
Saudi Arabia announces Qualified Bidders for Group 1
Saudi Power Procurement Company (SPPC) announces the list of Qualified Bidders for Group 1 Battery Energy Storage Systems (BESS) having Combined Capacity of 2,000 MW/8000 MWh across Saudi Arabia on
Saudi Arabia Lithium-Ion Battery Market 2033
The Saudi Arabia lithium-ion battery market size reached USD 496.8 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 2,622.4 Million by 2033, exhibiting a
Saudi Arabia prequalifies battery energy storage
Principal buyer Saudi Power Procurement Company (SPPC) has prequalified firms that can participate in the tender for the first phase of its independent battery energy storage system (bess) projects in Saudi Arabia.
Aramco plans transition minerals JV with Ma''aden
Lithium is a fundamental component of the energy transition, essential for production in fast-growing sectors such as electric vehicles, energy storage, and renewables. The total global demand for lithium has tripled over
Battery Energy Storage Breakthrough in Saudi Arabia
1 天前· Saudi Electricity Company Secures Major Battery Energy Storage Projects Saudi Electricity Company has secured two major battery energy storage projects in northern Saudi
The lithium rush: How the UAE and Saudi Arabia are racing to
Both countries are looking for new lithium supplies in anticipation of future demand. Private and government entities are heavily involved in formalizing supply and
Saudi Arabia Battery Market, Opportunities, Competition Analysis
Saudi Arabia Battery Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2024 - 2030) Get a Comprehensive Overview of the Saudi Arabia Battery
Saudi Landbridge construction to start in 2025
Saudi Arabia is preparing to start work on the $7bn Saudi Landbridge project early next year as the negotiations for the final cost and financing of the project reach the closing stages. "The final arrangements are being sorted out and the
BYD Earns Contract for "World''s Largest Grid-Scale Battery Storage
Grid-scale energy storage is all the rage. Battery costs have come down tremendously in the past decade, and that has enabled large-scale battery storage projects to