live U.S., Iran reach preliminary peace deal, Friday signing expected
U.S. and Iranian officials said they had agreed on a framework to end their war, halt the U.S. blockade of Iran and reopen the Strait of Hormuz, a pre...
Saudi Arabia has integrated its largest battery energy storage system (BESS) into the grid, marking a significant milestone in the country’s renewable energy development.
The innovative facility boasts a staggering capacity of 500 MW/2000 MWh, positioning itself as the largest operational single-phase energy storage project worldwide.
This ambitious development, located in Bisha, the southwestern Saudi Arabian province of ‘Asir, incorporates 122 prefabricated storage units crafted by the Chinese company BYD. Each storage unit is equipped with a 6 MW power conversion system and features four lithium iron phosphate (LFP) battery modules, providing robust power storage capabilities.
This systematic design enhances efficiency while addressing potential technical failures.
Engineered by Power China’s Hubei Engineering Co., the project overcame the challenges posed by the harsh desert climate, including extreme heat and sandstorms. Engineers developed advanced installation techniques and streamlined commissioning processes, greatly enhancing the system’s resilience.
The Bisha BESS is part of Saudi Arabia’s broader initiative to strengthen its renewable energy infrastructure. The kingdom’s long-term economic strategy “Vision 2030” aims to derive 50% of its energy from renewable sources. Energy storage is a vital component of this transition, providing grid flexibility and enabling the integration of intermittent power sources such as solar and wind.
The project is among several large-scale battery storage initiatives being developed in Saudi Arabia. In an ongoing procurement, the Saudi Power Procurement Company (SPPC) is tendering four 500 MW / 2,000 MWh BESS projects. The list of prequalified 33 bidders was released earlier in January, revealing Masdar, ACWA Power, EDF, and TotalEnergies as competitors for 15-year storage services agreements.
Pakistan has warned that any attempt by India to block or significantly reduce river flows under the Indus Waters Treaty could have “far-reaching consequences”, after India's water minister said New Delhi was working to ensure that “not a single drop” of water reaches Pakistan in the coming years.
Details of a reported draft memorandum of understanding between the United States and Iran offer the clearest picture yet of how both sides plan to end months of conflict and move towards a longer-term settlement.
Armenia has every right to choose Europe. But Europe’s support for Armenia’s direction should not become automatic approval of its political process.
The U.S. and Iran say they have reached a deal to end their conflict, with an immediate ceasefire and reopening of the Strait of Hormuz after the lifting of the U.S. naval blockade. Talks will continue over the next 60 days to finalise the agreement
U.S. President Donald Trump has said a peace agreement with Iran is scheduled to be signed on Sunday in a post on social media, despite Tehran's Foreign Ministry spokesperson Esmaeil Baghaei saying no deal would be approved this weekend.
At the start of 2026, something unusual happened in China's car market. BYD, the company that had spent years at the top of the domestic sales charts, was knocked off its perch by a rival.
Apple has unveiled a long-awaited upgrade to Siri, aiming to close the gap with technology rivals and emerging artificial intelligence firms in an increasingly competitive market.
ChatGPT maker OpenAI has confidentially filed for a U.S. initial public offering (IPO), the company said on Monday, joining rival Anthropic in a race to the stock market as investors seek exposure to the artificial intelligence boom.
Chinese carmakers are rapidly reshaping the global automotive market, with record exports, soaring electric vehicle sales and growing investments overseas putting pressure on established European, Japanese and U.S. rivals.
The International Labour Organization (ILO) has begun its latest round of negotiations on creating the first binding global standards for platform-based work, covering services such as ride-hailing, food delivery and other app-based work.
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