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 […]
Image Source: Oman Observer According to a new report by the International Energy Agency, Oman’s renewables capacity growth is set to be the fourth largest in the region after Saudi Arabia, United Arab Emirates and Morocco Renewable capacity expansion in the Middle East and North Africa (MENA) is projected to grow three-fold over the next […]
Image Source: Linkedin A consortium led by EDF Renewables and Korea Western Power Corporation (KOWEPO) has achieved financial closure for the Manah 1 Solar PV Project, a 500MW solar power plant located in Al Dakhiliyah Governorate, Oman. The milestone, announced in line with COP28, marks a significant step towards the commencement of commercial operations in […]
Image Source: Mecrom India The Oman Electricity Transmission Company (OETC), responsible for the country’s transmission grids, has announced the successful completion of tests to enable remote operation of the Ibri Solar Independent Power Project (IPP), also known as Ibri II Solar IPP. This project has a capacity of 500 MW, making it the largest grid-connected […]
Image Source: Gulf Leaders Circle The Ministry of Energy and Minerals of Oman and Hydrogen Oman (Hydrom) have joined forces with the Port of Amsterdam, Zenith Energy Terminals, and GasLog, signing a Joint Study Agreement (JSA) during COP28 in Dubai. The agreement marks a significant step towards realizing the world’s first commercial-scale liquid hydrogen corridor. […]
Image Source: Arab News Sur – Oman is considering developing local energy storage solutions to accelerate the sultanate’s transition to renewable energy sources, according to the Minister of Energy and Minerals. H E Salim bin Nasser al Aufi said sustainable energy storage solutions will play a crucial role in achieving the sultanate’s goal of generating at […]
Image Source: SOLAR WADI SolarWadi, in collaboration with the German University of Technology in Oman (GUtech), has inked a groundbreaking agreement to establish a state-of-the-art 2.2MWp solar plant, marking GUtech as the first university in the Sultanate of Oman to be powered by renewable energy. The agreement was officially signed in the presence of HE […]
Image Source: Solarquarter Expanding its commitment to renewable energy, Petroleum Development Oman (PDO), the Sultanate of Oman’s largest oil and gas producer, has advanced plans for two wind power projects alongside a utility-scale solar PV Independent Power Project (IPP) integrated with a battery energy storage system (BESS) in Qarn Alam. PDO will issue a Request […]