“For utility scale, the current price varies between $150/kWh to $200/kWh,” he said. According to BloombergNEF, the MENA region is expected to reach 2. . As costs for lithium‑ion and advanced flow batteries continue to decline, and as manufacturers earn critical certifications (UL 9540A, IEC 62619, UN 38. 3), mobile energy storage in Middle East will transition from pilot to mainstream deployments—unlocking substantial ROI for project developers. . In a recent chat with pv magazine, Yasser Zaidan, senior sales manager for the Middle East at JinkoSolar, described the trajectory of the large-scale storage business in the main markets of the Middle East. The report includes scenario analyses for Saudi Arabia, UAE, Israel, and South Africa and a broader overview of. . Valued at USD 2. 51 billion by 2031, growing at a compound annual growth rate (CAGR) of 25. This rapid expansion is driven by the region's increasing adoption of renewable energy and the need to balance supply. . 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.
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