UAE: Masdar picks suppliers to world biggest solar-storage
Utility-scale renewable energy developer-operator Masdar said on Friday (17 January) that it has selected CATL to supply battery energy storage system (BESS)
In terms of technology, lithium-ion batteries are in huge demand in the Middle East and Africa Advance Energy Storage Market. These batteries are also being used for the storage of energy from renewable energy sources such as solar and wind in the region.
This landmark event will explore the Middle East's trajectory to become the third largest storage market globally by 2026, with a special focus on the region's ambitious renewable energy targets and BESS integration strategies.
In the Middle East and African region, the demand for batteries has increased in the Middle East as a preferred energy storage solution primarily due to technological innovation and the reduction of battery costs.
The MENA region is starting to witness a drastic increase in large-scale battery energy storage systems (“BESS”) projects, accompanying a soaring penetration of renewable energy. This has happened at a pace, which seems to have surprised many market analysts. In the past, forecasts for the MENA region showed a few GWh for the coming years at best.
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