China-based clean energy and solar inverter supplier Sungrow signed a memorandum of understanding (MoU) with power generation firm ACWA Power in Saudi Arabia. The Sungrow will supply an energy storage system for Neom city’s mega-project. ACWA Power is part of a joint venture building the world’s largest utility-scale, commercially based green hydrogen facility in NEOM, which will be powered by around four gigawatts of renewable power from onshore solar, wind, and storage. Sungrow said in a press statement that it will supply a 536 megawatt/600 megawatt-hour energy storage system for NEOM. Both companies also signed a strategic cooperation agreement with an incredible objective to stimulate cooperation between China and the Kingdom of Saudi Arabia, in the clean energy ambition along with the Belt and Road initiative and Saudi Vision 2030 respectively. Sungrow And Green…
China’s Sungrow To Supply Energy Storage System For Neom: Saudi Vision 2030
