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Chinese-Saudi joint venture to build 18GWh battery storage plant
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Chinese-Saudi joint venture to build 18GWh battery storage plant

Yahoo Finance · Jun 2, 2026, 12:18 PM · Also reported by 2 other sources

Key takeaways

  • The first phase will have an annual production capacity of 6GWh and is scheduled to begin operations in the first quarter of 2027.
  • A second phase will increase the total production capacity to 18GWh.
  • In a statement, ZOE said the manufacturing facility will cover 150 acres and will be built to European manufacturing standards.

Chinese-Saudi joint venture to build 18GWh battery storage plant Dubai Metro · Energy Monitor · Via MEED Thom Atkinson Tue, June 2, 2026 at 7:18 PM GMT+7 1 min read China-headquartered ZOE Energy Storage has announced it has signed a joint-venture agreement with a Saudi partner to develop a battery energy storage system (bess) manufacturing facility in the kingdom.

The facility will be developed in two phases. The first phase will have an annual production capacity of 6GWh and is scheduled to begin operations in the first quarter of 2027.

A second phase will increase the total production capacity to 18GWh.

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