
Power is planned to be generated for the Red Sea Utilities project from 400MW photovoltaic (PV) solar and wind energy, with 1.3GWh of battery storage included. (Image source: Adobe Stock)
A consortium led by local developer ACWA Power has reached financial close for the US$1.33bn Red Sea Utilities project, which will be 100% powered by renewable energy and the largest battery energy storage system in the world