Energy storage
- Grid-scale storage
- Renewable integration
- Backup power
Powering Saudi Arabia's clean energy future
Advanced lithium-ion battery manufacturing to drive the energy transition, industrial growth and sustainable mobility.
USD 150M
Estimated initial investment
1.5 GWh
Base case annual capacity
25-30%
Projected IRR
25 Years
Project life
15.4%
Market CAGR
2024 to 2030
5 Million MT
Lithium demand by 2030
29.1%
Revenue CAGR
2024 to 2030
27.8%
Residential storage CAGR
Where the cells go
Five application segments carry the demand
Automotive
- Electric vehicles
- EV battery systems
- Mobility solutions
Electronics
- Consumer electronics
- Portable power
- Smart devices
Healthcare
- Medical devices
- Portable equipment
- Backup systems
Power tools
- High performance packs
- Industrial and trade use
Energy density is the whole argument
Cells today deliver 200 to 300 Wh per kilogram, with 400 and above within reach. That headroom is what turns storage from a grid accessory into infrastructure, and the Kingdom is securing lithium supply to match. Domestic demand is set to climb from under 750,000 metric tons in 2020 to more than 5 million by 2030.
400+ Wh/kg
Future potential energy density
Base case at year three, ninety percent utilisation
USD 162M
Annual revenue
USD 29.7M
EBITDA
33.33%
Gross margin
6-8 Years
Payback period
Full breakdown
- Annual production
- 1.35M kWh
- Cost of goods sold
- USD 108M
- Gross profit
- USD 54M
- Net profit
- USD 16.16M
- EBITDA margin
- 13.39%
- Net present value
- USD 25-40M
- Profitability index
- 1.7-1.9
- Long-term ROI
- 60%+
- Broad investment range
- USD 50-200M+
- Profit margin
- 20-40%
From site selection to market expansion
Before ground breaks
Site selection and approvals
Location assessment, permitting and regulatory clearance.
Design stage
Plant design and engineering
Process design, plant layout and equipment specification.
Build stage
Equipment installation
Automated production lines, PLC control and robotics in critical zones.
Year 1, 50% utilisation
Trial production and testing
Commissioning, quality validation and yield tuning.
Year 2, 75% utilisation
Commercial production
Output ramps against firm offtake as the line stabilises.
Year 3, 90% utilisation
Scale and market expansion
Base case capacity reached and served beyond the initial segments.
Built for the energy transition
- Strategic location in Saudi Arabia
- Strong government support for local manufacturing
- Access to global raw materials
- Growing demand from electric vehicles and renewables
- Competitive returns and long-term value