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A Deal Signs for Local Renewable Energy and Storage Development

mou-signACWA Power has announced a significant milestone in its pursuit of renewable energy excellence. The company has signed a memorandum of understanding (MoU) with Huawei Digital Power to establish a joint-innovation program, to drive the growth of local industries and expedite decarbonization targets of the Kingdom of Saudi Arabia.

The joint initiative between ACWA Power and Huawei Digital Power will focus on developing cutting-edge technology that optimize the efficiency and reduce costs associated with renewable energy projects. By leveraging local expertise and resources, the partnership aims to drive advancements in renewable energy production and energy storage projects, enabling a sustainable and economically prosperous future.

The research and development program will yield groundbreaking solutions to enhance renewable energy projects in Saudi Arabia. The collaboration will focus on the design of photovoltaic (PV) strings, maximizing solar module capacity while reducing the number of strings required for each project. This innovation will significantly lower the balance of system (BOS) costs, reducing installation and maintenance costs.

Additionally, the partnership will explore the implementation of microgrid simulations to optimize performance based on specific energy needs. The development of advanced controllers will improve energy management, load balancing, and grid stability, enabling microgrids to seamlessly adapt to changing conditions. These advancements will increase renewable energy utilization, promoting a reduced reliance on fossil fuels. ACWA Power will be able to implement these controllers in any project that integrates and hybridizes power generation, energy storage, and loads.

Huawei Digital Power is currently collaborating with ACWA Power and Chinese engineering firm SEPCOIII on the development of a 1,300MWh battery energy storage system (BESS) for The Red Sea Project’s energy storage facility. This project exemplifies the ongoing collaboration between ACWA Power and Chinese entities, which have played a pivotal role in supporting ACWA Power’s growth over the years.

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Nitisha Dubey

I am a Journalist with a post graduate degree in Journalism & Mass Communication. I love reading non-fiction books, exploring different destinations and varieties of cuisines. Biographies and historical movies are few favourites.

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