Huawei Digital Power’s Global Digital Power Summit 2021 in Dubai, United Arab Emirates was attended by over participants from 67 countries. The summit aimed to inspire collective action towards developing a low-carbon and smarter society powered by digital technology, while the globe prioritizes carbon neutrality and post-pandemic recovery.
At the summit, Huawei Digital Energy Technology and Shandong Electric Power Construction (SEPCO3) successfully signed the Saudi Red Sea New City energy storage project (via: IT Home). Huawei stated that the energy storage capacity of the project reaches 1300MWh, which is by far the world’s largest energy storage as well as off-grid energy storage project.
The Red Sea New City Energy Storage Project is one of the key parts of Saudi’s Vision 2030 plan. FYI, the plan is a strategic framework to reduce the country’s dependence on oil, diversify its economy, and develop public service sectors such as health, education, infrastructure, recreation, and tourism.
The project’s main developer is ACWA Power and the EPC contractor is SEPCO3. The Red Sea New City, or Neom, is located on the coast of the Red Sea and Saudi aims for the entire city’s energy needs to be met by renewable energy sources alone.
The Huawei Digital Energy Technology company was only recently established on June 7, 2021. It is built with a registered capital of RMB 3 billion (468 million USD) and has Hu Houkun, Deputy Chairman of Huawei as its legal representative.
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