Middle East Energy Storage Market Seeks Private Sector Investment for Next Phase
ENERGY STORAGE
The Middle East energy storage market, predominantly led by state-owned entities, is actively seeking private sector investment for its next phase, with Saudi Arabia and the UAE as key players. Saudi Arabia aims for a 48GWh Battery Energy Storage System target by 2030, while the UAE's goals remain unspecified. Challenges for international developers include evolving technology, pricing, and the need for robust policy frameworks.

Jan 24, 2026, 6:23 AM