Ministry of Investment Announces Storage Project Qualification
The Ministry of Investment has issued the pre-qualification invitation for the Mewaqq Energy Storage Project, a hydropower facility with a pumped storage capacity of 450 MW adjacent to the Mewaqq Dam. The project, which will be implemented through a public-private partnership model, aims to store excess electricity for up to seven hours to be utilized during peak demand, particularly from solar energy during the daytime. The project contributes to strengthening the resilience of the electrical grid, increasing the capacity for renewable energy integration, improving energy security, and reducing dependence on imported fuel.
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