(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.
© 2025 David Mazor
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.