{"id":109411,"date":"2026-06-01T00:00:00","date_gmt":"2026-06-01T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/?p=109411"},"modified":"2026-06-01T03:10:27","modified_gmt":"2026-06-01T03:10:27","slug":"chinas-zoe-energy-to-launch-saudi-battery-hub-sgs-bags-saudi-for-five-years-sarco-eyes-industrial-waste-acquisition","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2026\/06\/01\/chinas-zoe-energy-to-launch-saudi-battery-hub-sgs-bags-saudi-for-five-years-sarco-eyes-industrial-waste-acquisition\/","title":{"rendered":"China\u2019s ZOE Energy to launch Saudi battery hub, SGS bags Saudi for five years, Sarco eyes industrial waste acquisition"},"content":{"rendered":"<p class=\"tag-border-left\">ZOE Energy joins race to localize Saudi battery storage manufacturing<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Chinese battery maker <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.zoeess.com\/\" style=\"\">ZOE Energy<\/a><\/strong> <strong> signed a joint <\/strong><strong>venture agreement with an unnamed Saudi partner to establish a battery energy storage system (BESS) manufacturing hub <\/strong>in Saudi Arabia, according to a <a target=\"_blank\" href=\"https:\/\/www.prnewswire.com\/news-releases\/zoe-energy-storage-partners-with-local-saudi-ally-to-build-kingdoms-first-world-class-battery-storage-manufacturing-base-302781029.html\" style=\"\">press release<\/a>. The 150-acre project will be developed over two phases, with 6 GWh of annual capacity coming online in 1Q 2027 before expanding to 18 GWh. Once complete, it will be the Kingdom\u2019s first dedicated utility-scale BESS manufacturing plant.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Made at home, built for export: <\/strong>The project will produce battery energy storage systems for the Saudi market as well as for export to the Gulf and the wider Middle East, North Africa, Central Asia, and Africa.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why it matters: <\/strong>Chinese clean-tech firms are racing to localize production in Saudi Arabia as state tenders increasingly favor domestic supply chains. The push comes just over a month after the Saudi Power Procurement Company launched prequalification for <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/ksa\/2026\/04\/23\/ashmores-education-fund-expands-al-modawat-resorts-to-sukuk-issuance\/\" style=\"\">six battery energy storage projects<\/a> totaling 3 GW. ZOE\u2019s move follows a similar 5.5 GWh localization agreement <a target=\"_blank\" href=\"https:\/\/www.ess-news.com\/2026\/02\/04\/cornex-secures-11-5-gwh-of-orders-from-saudi-arabia-egypt\/\" style=\"\">in February<\/a> between Chinese rival Cornex and Al Rajhi Electrical. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Saudi Ground Services secures fresh Saudia contract<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi<\/strong><strong>a <\/strong><strong>awarded a SAR 6.3 bn airport services contract to Saudi <\/strong><strong>Ground <\/strong><strong>Services (SGS)<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/?anId=95681&anCat=1&cs=4031&locale=en\" style=\"\">Tadawul disclosure<\/a>. The five-year contract involves providing ground handling, ramp handling, and passenger services for the carrier\u2019s domestic and international flights across all Saudi airports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Locking in the home market: <\/strong>While SGS remains the Kingdom\u2019s dominant ground handler, international rivals like <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/ksa\/2025\/06\/04\/gamechange-solar-to-double-manufacturing-capacity-to-6-gw-annually\/\" style=\"\">Switzerland\u2019s Swissport<\/a> have been expanding across Saudi airports in a bid to capture business from foreign carriers. SGS, meanwhile, has secured the home team. By locking down Saudia, <a target=\"_blank\" href=\"https:\/\/www.saudiags.com\/saudi-ground-services-co-announces-contract-sign-off-with-flynas\/\" style=\"\">Flynas<\/a>, and <a target=\"_blank\" href=\"https:\/\/www.riyadhair.com\/en\/media-hub\/riyadh-air-signs-sar-500-million-contract-with-saudi-ground-services-company-for-ground-handling-services-across-saudi-airports\" style=\"\">Riyadh Air<\/a> on contracts stretching three to five years, it has effectively ring-fenced three of the Kingdom\u2019s largest airlines. Foreign competitors may keep growing their local footprints, but the core of Saudi Arabia\u2019s aviation market is now tied to SGS for years to come.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Refineries Venture eyes a 33% stake in Global Waste Solutions <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Refineries<\/strong><strong> Venture wants a third of Global Waste Solutions:<\/strong> Saudi Arabian Refineries Company (Sarco) subsidiary Refineries Venture inked a non-binding MoU with Khadra Al-Hijaz Environmental Services to acquire a 33% stake in Global Waste Solutions, according to a Tadawul <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/?anId=95714&anCat=1&cs=2030&locale=en\" style=\"\">disclosure<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019s all part of an expansion plan:<\/strong> The proposed acquisition would expand the company\u2019s presence in industrial waste treatment and management, including caustic, acidic, and alkaline waste, as well as oily sludge treatment and remediation.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">A whole lot of projects are coming Makkah\u2019s way<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Royal <\/strong><strong>Commission <\/strong><strong>for Ma<\/strong><strong>kkah City and Holy Sites has awarded six <\/strong><strong>projects worth a combined SAR 13.3 bn<\/strong> under the Developed Neighborhoods program, according to a <a target=\"_blank\" href=\"https:\/\/x.com\/RCMC_KSA\/status\/2061130426417074683\" style=\"\">statement<\/a>. The projects aim to bolster the urban environment, infrastructure, and public services in six locations across the city. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>A new Chinese-Saudi joint venture will bring an 18 GWh battery storage assembly plant to the Kingdom<\/p>\n","protected":false},"author":1,"featured_media":109412,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2564],"tags":[54,93,2425,10,14,3032,2766],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-109411","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-aviation","tag-energy","tag-enterpriseam-ksa","tag-ma-watch","tag-saudi-ground-services","tag-saudia","wpautop","entry"],"acf":{"mongo_id":"d22e063c-7ea7-4385-b33a-be26f3e1caca","order":"9","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2026\/5\/1514.jpg","photo_position":"above","homepage_title":"","full_issue_title":"China\u2019s ZOE Energy to launch Saudi battery hub, SGS bags Saudi for five years, Sarco eyes industrial waste acquisition","related_issue":[109396],"teaser":"A new Chinese-Saudi joint venture will bring an 18 GWh battery storage assembly plant to the Kingdom"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>China\u2019s ZOE Energy to launch Saudi battery hub, SGS bags Saudi for five years, Sarco eyes industrial waste acquisition - KSA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/ksa\/2026\/06\/01\/chinas-zoe-energy-to-launch-saudi-battery-hub-sgs-bags-saudi-for-five-years-sarco-eyes-industrial-waste-acquisition\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta 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