The Saudi Electricity Company (SEC) secured two major battery energy storage projects in the northern region of the country with a combined capacity of 4.9 GWh. The projects’ installation costs will range between $73/kWh and $75/kWh. The contracts were awarded to a China-based manufacturer, HiTHIUM, and a Saudi Arabia-based engineering, procurement, and construction contractor, Alfanar Projects. The project sites, spread across the Tabuk and Hail provinces, will comprise a 500 MW, four-hour system, with a 2.45 GWh storage system for each project. The storage systems will include a five-year degradation buffer. Contracts for equipment supply will be worth $179 million for the Tabuk project and $183 million for the project in Hail. Engineering and construction costs are expected to reach $116 million and $118 million, respectively.