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China Daily / 2024-07 / 18 / Page003

Sino-Saudi ties prospering in energy sector

By Zheng Xin | China Daily | Updated: 2024-07-18 00:00
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Landmark photovoltaic projects set to bring mutual benefits, analysts say

China and Saudi Arabia have embarked on several landmark projects to jointly bolster renewable energy efforts, which will pave the way for significant advancements in renewable energy infrastructure and technology that will benefit both nations, according to analysts.

Sungrow Power Supply, a Chinese photovoltaic inverter manufacturer, signed an agreement with Saudi Arabia's Algihaz Holding for an energy storage project with a capacity of up to 7.8 gigawatt-hours — the largest energy storage project in the world. Photovoltaic inverters convert direct current electricity to alternating current, which then flows into the electric grid.

The project, which involves three sites, is expected to begin delivery in 2024 and achieve full grid-connection capacity by 2025, further enhancing the stability and reliability of Saudi Arabia's power grid, Sungrow said in a statement.

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