Image Source: Oman News Agency Oman’s aim to expand domestic green hydrogen production could support its gross domestic product, fiscal revenue and the balance of payments over the long term amid the global energy transition, according to Fitch Ratings. The main effect of the green hydrogen development plan in the near term is likely to be on investment […]
Image Source: Oman Observer OBJECTIVE: To increase electricity generation from clean renewable energy resources in the Sultanate of Oman. DESCRIPTION: The Project involves the development, design, engineering, construction, operation, and maintenance of a 500 MWac Manah solar I photovoltaic power plant in the Ad Dakhiliyah region of the Sultanate of Oman. The Project is being […]
Image Source: ZAWYA The Omani authorities aim to develop a 500 MW solar project in Ibri, in northwestern Oman, where other PV facilities are located. Oman Power and Water Procurement Co. (OPWP) has launched a tender to select independent power producers (IPP) to build a 500 MW solar park. The IPP project will be built in Ibri, a city […]
Image Source: TaiyangNews A consortium of EDF Renewables and Korea Western Power Corporation (KOWEPO) has reached financial close on a 500MW solar PV plant in Oman. The Manah 1 project, located in the Al Dakhiliyah Governorate, is under a 20-year power purchase agreement (PPA) with Oman Power and Water Procurement Company (PWP). Operations are expected […]
Image Source: In-Cyprus Under the initiative, Oman plans to issue financial instruments like green, social and sustainability bonds as well as loans and sukuk – bonds that comply with Islamic law – whose proceeds will be used to fund and re-finance renewable energy projects DUBAI – Oman unveiled late on Wednesday a sustainable finance framework […]