Home GCC China’s Sungrow inks deal with Saudi’s Algihaz for energy storage project The project, expected to be delivered this year, will improve the stability and reliability of Saudi Arabia’s power grid. by Reuters July 16, 2024 Chinese photovoltaic inverter manufacturer Sungrow Power Supply said on Tuesday it has signed an agreement with Saudi Arabia‘s Algihaz Holding for an energy storage project with a capacity of up to 7.8GWh. The project, expected to be delivered this year, will improve the stability and reliability of Saudi Arabia‘s power grid and help realise Saudi Vision 2030, the company said in a statement. Tags China energy Saudi Arabia Solar Sungrow You might also like AMEA Power to develop Africa’s largest solar PV project Saudi Arabian Mills prices IPO at top of indicated range to raise $271m Mubadala Energy strengthens position in Andaman Sea exploration Saudi crown prince, Russia’s Lavrov discuss OPEC+ cooperation in Riyadh