Category: Renewable Energy

Some subsidy allocations pared in Oman’s 2024 State Budget

Image Source: Oman Daily Modest cuts have been announced in subsidy allocations across a range of utilities and essential services in the 2024 State Budget of the Sultanate of Oman. This is in line with the government’s commitment to gradually rolling back subsidies – part of its longstanding bid to reduce the budget deficit. Subsidy […]
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Seven project categories eligible for green finance in Oman

Image Source: Oman Ssustainability Week Projects ranging from rail electrification and energy storage systems to offshore wind farms and waste-to-energy schemes are among dozens of initiatives that will qualify for green finance under the Sustainable Finance Framework launched by the Sultanate of Oman last week. The framework, the first of its kind in the Gulf […]
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Pact signed to study potential for solar glass project in Oman

Image Source: Bloomberg Leading Canadian energy materials specialist Homerun Resources Inc has announced the signing of a non-binding Memorandum of Understanding (MoU) with Minerals Development Oman (MDO), the nation’s mining investment flagship, to jointly explore prospects for, among other things, the establishment of a first-of-its-kind solar glass manufacturing project in Oman. As a first step […]
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Oman emerges as green energy hub in booming India trade

Image Source: ZAWYA A recent report by India’s Parliamentary Committee on External Affairs highlights Oman’s pivotal role in New Delhi’s green energy ambitions and burgeoning trade partnership with the Gulf Cooperation Council (GCC). The report, titled “India and Gulf Cooperation Council (GCC) – Contours of Cooperation,” underscores significant investments in green hydrogen and solar technology […]
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Oman Is Looking To Become a Green Energy Hub

Image Source: Oilprice Like other Gulf countries, Oman is dependent on oil and gas revenues for the major part of its export income, leaving it vulnerable to energy transition. It is therefore looking at large-scale production of carbon-free or ‘green’ hydrogen. With its magnificent renewable energy resources, huge areas of open land, and strategic location […]
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Under the auspices of the Ministry of Energy and Minerals, the third edition of The Green Hydrogen Summit Oman 2023 has commenced.

Image Source: Ministry of Energy and Minerals The third edition of the Green Hydrogen Summit Oman has commenced. Hosted by His Excellency Dr. Khamis Al-Jabri, Chairman, Oman Vision 2040. Running until December 14th, 2023, at the Oman Convention and Exhibition Center, the event is supported by the Ministry of Energy and Minerals. The summit gathers industry […]
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500 MW Solar Project by EDF Renewables and KOWEPO Secured Financing

Image Source: The Economic Times EDF Renewables and Korea Western Power Corporation (KOWEPO) have secured financing for the Manah 1 project, a 500 MW solar power plant in Oman. Winning the project in response to a tender in September 2022, the consortium inked a power purchase agreement (PPA) with Oman Power and Water Company on […]
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Oman’s fossil fuel expertise could help drive clean energy transitions, new report shows

Image Source: Tara Energy Oman has significant potential to channel its deep expertise in the production of fossil fuels towards clean energy projects that could accelerate the country’s efforts to lower its emissions and diversify its economy, according to a new report from the International Energy Agency (IEA). Leveraging Fossil Fuel Capabilities for Clean Energy Transitions: Assessment […]
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Oman And Swiss Federal Office of Energy Ink MoU To Boost Collaboration In Sustainable And Renewable Energy

Image Source: Earth Org. Undersecretary of the Ministry of Energy and Minerals, H. E. Mohsen Bin Hamad Al Hadrami, recently signed a Memorandum of Understanding (MoU) with the Swiss Federal Office of Energy to enhance cooperation in sustainable and renewable energy and its technologies. The MoU focuses on green hydrogen projects, covering production, processing, storage, […]
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