More details on a China-Arab summit agreement: Sungrow Power Supply and Acwa Power have inked an agreement to build a 536 MW battery storage system in Neom, according to a statement released this week. The MoU was one of several signed during the China-Arab Summit hosted in KSA last Friday. There are no details regarding the timeline or cost of the project.

Neom is delivering on its zero-carbon plans: Neom’s water and energy subsidiary Enowa signed an MoU last month with the King Abdullah University of Science and Technology and the Saudi Electricity Company to develop a cryogenic carbon capture pilot plant that can capture 30 tons of CO2 daily. Neom is also developing — through a JV with Acwa Power and Air Products — a USD 5 bn green hydrogen project. Additionally, Neom invested USD 175 mn in German electric vertical takeoff and landing vehicle maker Volocopter earlier this month.

Sungrow has other projects in the region: The Chinese company is supplying a battery storage system in KarmSolar’s solar microgrid for a poultry farm in Egypt’s Western Desert, and has nearly 270 GW worth of battery storage systems installed across the globe, according to their website.