Prime Highlights
- ZOE Energy signed a joint venture to build Saudi Arabia’s first large-scale battery energy storage manufacturing facility.
- The project will reach a total production capacity of 18GWh after completing both development phases.
Key Facts
- ZOE Energy Storage develops battery energy storage solutions and renewable energy technologies.
- The first phase of the facility will have a production capacity of 6GWh and is expected to begin operations in the first quarter of 2027.
Background
To build Saudi Arabia’s first top-notch battery energy storage system BESS manufacturing plant, ZOE Energy Storage has gone in with a Saudi partner for a joint venture agreement. The project aims to strengthen local clean energy production and support the country’s long-term renewable energy goals under Saudi Vision 2030.
The company said the project will combine its energy storage technology with local manufacturing capabilities. The facility will have two phases. Construction will take place during the first phase, which will be able to produce 6 GWh and is expected to be online in Q1 2027, while in the second phase, the capacity will increase to 18 GWh.
This facility will play a vital role in ensuring that Saudi Arabia becomes less dependent on importing storage systems and increases the manufacturing capacity of its industries. On completion of the facility, it will help the country meet its goals of achieving capacity generation of 130 GW from renewable energy sources, energy storage of 48 GWh, and generation of 50% clean energy capacity.
The manufacturing plant will occupy an area of 150 acres and use European production standards. The company plans to supply battery storage systems to markets across the Gulf region, the Middle East, North Africa, Central Asia and Africa.
The project will also include a Green Energy Academy to train skilled professionals and develop local expertise in energy storage technologies.
Company officials stated that the Saudi facility represents the company’s second overseas manufacturing base after Hungary and forms an important part of its global expansion strategy focused on technology, local production and regional support.
