# Nusaned and SCHMID Group to build redox-flow battery gigafactory in Saudi Arabia

Nusaned Investment and SCHMID Group formed a joint venture to build a 3 GWh vanadium redox-flow battery factory in Dammam, Saudi Arabia, with production planned to start in 2021.

- Type: New facility
- Announced: 2020-05-19
- Where: Dammam, Saudi Arabia
- Starts operating: 2021
- Status: announced
- Capacity: 3 GWh per year
- Products: vanadium redox-flow batteries
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Schmid Group](https://endata.com/companies/17262.md) (partner)
- [Nusaned Investment](https://endata.com/companies/47364.md) (partner)

## Sources

- [solarmagazine.nl](https://solarmagazine.nl/nieuws-zonne-energie/i21417/nusaned-en-schmid-group-bouwen-gigawattfabriek-voor-productie-redox-flowbatterijen), 2020-05-19: "De bouw zal nog voor de zomer van start gaan."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.