Marking a significant stride in renewable energy collaboration, Sungrow Power Supply, a leading Chinese producer of photovoltaic inverters, has finalized a pact with Saudi Arabia’s Algihaz Holding. This agreement paves the way for an extensive energy storage initiative, boasting a formidable capacity of up to 7.8GWh.
With expectations set for completion within the current year, the ambitious project is slated to enhance the resilience and dependability of the Saudi power infrastructure. This development is not only a step forward for energy solutions but also aligns with the objectives outlined in Saudi Vision 2030, an initiative aimed at diversifying the kingdom’s economy and reducing its dependency on oil.
