Huawei signs world''s largest energy storage project
Huawei and SEPCOIII Electric Power Construction Co Ltd successfully signed the Saudi Red Sea New City energy storage project during the Global Digital Power Summit 2021
It is built with a registered capital of RMB 3 billion (468 million USD) and has Hu Houkun, Deputy Chairman of Huawei as its legal representative. Huawei signed a key contract for The Red Sea Project with 1300 MWh battery energy storage solution (BESS) - the world's largest energy storage projects.
Huawei Digital Power is dedicated to enhancing the safety and stability of renewable integration by combining digital and power electronics technologies, leveraging technical experience, and collaborating with global power companies, grid enterprises, and electricity providers.
Huawei Digital Power's Global Digital Power Summit 2021 in Dubai, United Arab Emirates was attended by over participants from 67 countries. The summit aimed to inspire collective action towards developing a low-carbon and smarter society powered by digital technology, while the globe prioritizes carbon neutrality and post-pandemic recovery.
The Red Sea New City Energy Storage Project is one of the key parts of Saudi's Vision 2030 plan. FYI, the plan is a strategic framework to reduce the country's dependence on oil, diversify its economy, and develop public service sectors such as health, education, infrastructure, recreation, and tourism.
Huawei and SEPCOIII Electric Power Construction Co Ltd successfully signed the Saudi Red Sea New City energy storage project during the Global Digital Power Summit 2021
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