The Ministry of the Environment and Energy Security (MASE) has issued, across two rounds of authorizations in March 2026, a total of seven directorial decrees for new battery energy storage system (BESS) facilities amounting to 467 MW of combined capacity.
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The project, known as Peaker Plant, combines solar PV, a lithium-ion battery system, and fast chargers to reduce peak demand, improve grid stability, and lower operational costs.
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The project will (i) introduce the first-of-its-kind near-shore marine floating solar photovoltaic power plant; (ii) install a battery energy storage system (BESS) and transmission grid with smart energy management systems; (iii) integrate clean transport applications such.
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Complex installations, such as retrofitting older systems, cost more due to extra adjustments. Standard installations range from $1,500–$3,000 but can exceed $5,000 when combined with advanced configurations or custom setups. Geography also plays a role, as labor rates vary by region.
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