Energy Storage News•about 1 month ago
Private sector backers needed for next phase of Middle East energy storage market
Key Takeaway
The Middle East energy storage market is maturing into a phase ripe for private sector investment, offering substantial opportunities for developers and financiers.
AI Summary
- •Saudi Arabia and the UAE have rapidly emerged as leading global energy storage markets, with mega-scale projects advancing at a staggering pace.
- •The market is entering a new phase that requires substantial private sector investment and backing to continue its growth trajectory.
- •This signals significant opportunities for energy storage developers, investors, and potentially large power consumers looking for grid stability and new energy solutions in the region.
Topics
financingpolicyppastorage
Article Content
Saudi Arabia and the UAE have emerged as two of the world’s most prominent energy storage markets, with mega-scale projects announced and moved forward at a staggering pace over the last two years. But what does the next phase look like?