The Saudi Power Procurement Company (SPPC) has released a list of 33 prequalified bidders for its 2 GW/8 GWh battery energy storage system (BESS) tender.
The tender, structured as a build-own-operate model, attracted major international players including Masdar, ACWA Power, EDF, TotalEnergies, Jinko Power and more. Prominent companies from China, South Korea, and Japan are also featured, including Samsung, the China Energy Overseas Investment Company, China Power Engineering Consulting Group International Engineering, and China Southern Power Grid International. Of the 33 prequalified bidders, 21 applied to provide technology and management services for the BESS facilities, while the remaining 12 applied solely for asset management roles. Successful bidders enter into 15-year storage services contracts with SPPC and retain 100% equity in their projects through special purpose vehicle (SPV) companies.
Each 500 MW facility will operate for four hours, providing 2,000 MWh of total power capacity, at the following locations: