Scana-owned PSW Power & Automation have secured a contract for delivery of a 5MW/5.6MWh Battery Energy Storage Solution (BESS) project in Saudi Arabia.
The system will provide backup power in the event of grid power failure. The delivery also includes an energy management system that will enable future optimalization of the power plant in the Red Sea. This is a sizable (1) contract for the company. The project will start immediately, and delivery will take place in Q4-2024.
'This is our second contract for battery systems in Saudi Arabia, and we are very pleased to strengthen our market position in the region. We see significant market opportunities for battery systems in Saudi Arabia, and this contract confirms our strong position and ability to deliver complex energy systems worldwide,' says Eirik Sørensen, Managing Director of PSW Power & Automation.
(1) A sizeable contract is defined to be between NOK 20 million and NOK 50 million. (2) A substantial contract is between NOK 50 million and NOK 150 million. (3) A large contract is over NOK 150 million.
Source: Scana
