live Iranian tanker hit by U.S. attack near Iran's Kharg Island
An Iranian tanker was hit by U.S. forces on Saturday near Iran's key oil export hub, Kharg Island, in the Gulf...
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.
U.S. negotiators Steve Witkoff and Jared Kushner will visit Russia then Ukraine over the weekend, Russian state news agency TASS has reported, citing an unnamed source. Ukrainian President Volodymyr Zelenskyy has also said American envoys will visit the capitals of both countries.
The Iranian Health Ministry said at least 18 people were killed and 142 others injured in U.S. airstrikes carried out between 30 August and 2 September.
U.S. negotiators Steve Witkoff and Jared Kushner have arrived in Moscow for peace talks on the Russia-Ukraine conflict, two people familiar with the matter said. They were met by Russian Presidential Envoy Kirill Dmitriev.
U.S. efforts to squeeze Iran’s economy through an oil blockade and sanctions are becoming increasingly difficult for Tehran to withstand, according to three senior Iranian sources. Washington is escalating pressure in hopes of securing concessions in future negotiations.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for the 4th of September, covering the latest developments.
Volkswagen’s supervisory board has approved a major overhaul aimed at cutting 100,000 jobs by 2030 as the German carmaker battles weaker sales, falling profits and intensifying global competition.
Chinese Premier Li Qiang has called on American companies to expand their presence in China and pledged that Beijing would address their "reasonable concerns," as China looks to stabilise trade ties with Washington ahead of President Xi Jinping's planned visit to the U.S. later this month
Apple is entering a new era as Tim Cook steps down as chief executive after 15 years at the helm, handing the technology giant's leadership to longtime executive John Ternus.
Volkswagen is heading towards a decisive showdown with labour representatives as Germany's largest carmaker weighs sweeping restructuring measures that could lead to factory closures and tens of thousands of job losses.
Online fast-fashion retailer Shein is seeking to raise up to $1.77 billion in a Hong Kong IPO after its valuation fell around 70 per cent from its private-market peak four years ago.
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