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Monday, January 6, 2025

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Oman.. Establishment of two renewable energy projects worth 800 million dollars

The company said in a statement, published by Oman’s official news agency, that the two projects will be established in the Wilayat of Manah in the governorate of A’Dakhiliyah, and the production capacity of the two projects (Manah 1 and Manah 2) will reach about 1,000 megawatts, using solar photovoltaic technology, and their total area reaches 14.5 million square meters and more than two million solar panels.

According to the statement, the “Manah 1” solar power project will be developed by an investment group consisting of the French company “EDF Renewables” and the Korean company “Korea Western Power”, while the investment group consisting of from the Singaporean company “Sembcorp Utilities” and the Chinese company “Jinkou Power Technology” developed the “Grant 2” project.

The statement said the two projects will be developed under a partnership system with the private sector under a build-own-operate system.

The Sultanate of Oman aims from the project to promote the use of renewable energy and ensure long-term energy security, and contribute to achieving the goal of net zero emissions, according to Yaqoub bin Saif Al Kiyumi, CEO of Namaa Power and Water Procurement. Business.

He added that the Sultanate of Oman aims to produce at least 40% of its electricity from clean and renewable sources by 2040.

He pointed out that the company is currently working on the development of a new solar power project in Ibri with a total capacity of 500 megawatts and wind power generation projects with a total capacity of 400 megawatts.

It should be noted that the Nama Group was established in 2004 following the restructuring of the electricity and water utility sector in the Sultanate of Oman.

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Arab Desk
The Eastern Herald’s Arab Desk validates the stories published under this byline. That includes editorials, news stories, letters to the editor, and multimedia features on easternherald.com.

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