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Oman awards hydrogen blocks to Kuwaiti company

Image Source: Oman Sustainability Week Hydrogen Oman (Hydrom) has granted one of Oman’s initial hydrogen blocks to EnerTech Holding Company, a Kuwaiti state-owned company focused on clean energy investment and development. EnerTech is also a founding partner of the international consortium, Green Energy Oman (GEO). According to a press statement by EnerTech, the GEO consortium, which includes EnerTech, […]
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China’s CEEC- SEPEC secures Oman’s first green guarantee for a solar project

Image Source: PV Tech China Energy Engineering Shanxi Electric Power Engineering Company (CEEC-SEPEC) has secured the first green guarantee for a solar project in Oman from Standard Chartered Bank. CEEC-SEPEC is the primary Engineering, Procurement, and Construction (EPC) contractor for the solar project. Standard Chartered announced the development on Tuesday, highlighting the strengthening bilateral ties between China and Oman. […]
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Potential for commercialization of Oman ‘green mineral’ resources

Image Source: ScienceDirect Mineral ores at the heart of modern technologies driving the global energy transition can be found in abundance in the Sultanate of Oman, says the Ministry of Energy and Minerals. Sustainable commercialisation of these ores can help unlock substantial deposits of nickel, lithium, cobalt, rare earth minerals, Platinum Group Metals (PGMs), copper, […]
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Oman targets 11 PPP projects for implementation in 2024

Image Source: Oman Times The Omani government has announced plans to progress the implementation of as many as 11 sizable projects and initiatives under its strategic Public-Private Partnership (PPP) programme during 2024. The projects in question, outlined in the 2024 State Budget, span several sectors, including Transport & Logistics, Health, Education, Agriculture and Fisheries, Construction, […]
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Oman Investment Authority ranks second in world in governance, sustainability index

Image Source: Yourstory The report highlights OIA’s commitment to adhering to international norms and principles of governance and transparency practices endorsed by IFSWF Oman Investment Authority (OIA) has secured the second position worldwide in development of governance and sustainability performance index for the period between 2022 and 2023. According to a report by the International […]
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Oman: $800mln pacts inked to operate 2 solar power projects in Manah

Image Source: Energy Intelligence Nama Power and Water Procurement Company signed two agreements on Thursday to the tune of US$800mn with investment consortiums for two independent power projects (IPPs) to produce electricity using renewable energy in the wilayat of Manah in Dakhliyah. The two IPPs – Manah I and Manah II – will have a […]
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Oman’s biggest solar power project now remotely operated

Image Source: Grants Assist Oman Electricity Transmission Company (OETC), the owner and operator of the country’s transmission grids, has announced the successful completion of tests to support the remote operation of the Ibri Solar Independent Power Project (IPP). Also known as Ibri II Solar IPP, the 500 MW capacity project is the largest grid-connected utility-scale […]
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Samsung C&T to set up mega Oman green ammonia project

Image Source: TaiyangNews South Korea’s Samsung C&T Corp. is collaborating with leading multinational companies – Japan’s Marubeni Corporation and Oman’s state-owned energy company OQ – for a large-scale green ammonia project, SalalaH2, in the sultanate, reported The Pulse news portal. A mega project, SalalaH2 aims to produce 1 million tonnes of green ammonia annually within […]
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Oman’s wealth fund invests in US-based EV battery start-up

Image Source: ZAWYA The Oman Investment Authority has invested in US-based electric vehicle battery start-up Our Next Energy (One). Oman’s sovereign wealth fund also signed a strategic co-operation agreement with One to identify potential areas of partnership in energy and battery storage in the sultanate, Oman News Agency reported on Wednesday. The financial value of the transaction was […]
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EDF, KOWEPO reach financial close on 500-MW solar project in Oman

Image Source: World-Energy A consortium led by EDF Renewables and Korea Western Power Corporation (KOWEPO) today announced financial close of the 500-MW Manah 1 solar project in Oman. The consortium was awarded the contract to build Manah I in March 2023, and construction of the solar park commenced in September. It is scheduled to begin commercial operation in […]
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