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The Saudi Power Procurement Company has announced the pre-qualified bidders for its first 2GW/8GWh battery storage tender, with notable participants including Masdar, ACWA Power, EDF, and TotalEnergies. Meanwhile, Powin filed for bankruptcy protection, leading to its asset acquisition by FlexGen, and Cornwall Insight warned that the cancellation of a major pumped hydro project in Queensland could significantly increase power costs.