March 2025 – Mazor'sEdge

BYD Energy Storage and Saudi Electricity Company Sign Landmark Energy Storage Deal

(BRK.A), (BRK.B)

BYD Energy Storage, a subsidiary of Berkshire Hathaway-backed BYD, has signed the world’s largest grid-scale energy storage project contract with Saudi Electricity Company. The agreement covers a capacity of 12.5GWh, bringing their total cooperation to 15.1GWh, including a previously delivered 2.6GWh project. This milestone significantly advances Saudi Arabia’s renewable energy goals under Vision 2030.

The partnership highlights Saudi Electricity Company’s commitment to integrating advanced energy storage technologies to optimize energy efficiency. The new Battery Energy Storage Systems (BESS) will be installed across five sites, utilizing BYD’s cutting-edge MC Cube-T ESS equipped with CTS (Cell-to-System) technology. With a Vcts index exceeding 33%, the systems will bolster grid stability, support peak energy demands, and facilitate the transition to renewable energy.

With 17 years of expertise in energy storage, BYD has delivered over 75GWh of BESS equipment across 350 projects in more than 110 countries. This latest collaboration marks a new milestone, reinforcing BYD’s leadership in the global energy storage industry.

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway and BYD, and this article is not a recommendation on whether to buy or sell a stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.

Lessons From Warren Buffett: Growth Is a Key Component of Value

Amid debates about growth versus value stocks, Warren Buffett emphasizes that growth itself is a form of value. Using GEICO as an example, he explains that projected growth can enhance a company’s assets and, in the case of insurers, its float—provided the growth is predictable.

Speaking at the 2012 Berkshire Hathaway Annual Meeting, Buffett highlighted GEICO’s potential: “I think it’s quite rational to assume a significant underwriting profit at GEICO over the next decade or two, and I think it’s likely that it will have significant growth. Both of those are items of enormous value.”

By adding projected growth to the current float value, Buffett underscores how future expansion can contribute meaningfully to a company’s overall valuation.

Hear Buffett’s full explanation

See the complete Lessons From Warren Buffett series

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.