Chinese company, partner to set up 10 GW solar factory in Oman
Image Source: Mercom India
A strategic alliance between Chinese solar technology provider Q-Sun Solar and Oman’s Bakarat Investment is set to propel the Sultanate’s renewable energy ambitions. The duo has inked a deal to establish a substantial 10-gigawatt (GW) solar module factory in Oman, marking a significant investment of approximately $200 million.
Slated for the Sohar Free Trade Zone, the facility will boast a production capacity of 8 GW for modules and 2 GW for solar cells, catering to both TOPCon and HJT technologies. This strategic move positions Oman as a key player in the global solar energy landscape.
Q-Sun Solar, a leading figure in the Chinese solar industry, seeks to expand its international footprint through this partnership. By establishing a production base in Oman, the company aims to better serve the Middle Eastern market and enhance its global competitiveness.
Bakarat Investment, a prominent Omani entity, is reinforcing its commitment to the nation’s renewable energy sector through this collaboration. The project aligns with Oman’s Vision 2040, aimed at diversifying the economy and reducing reliance on fossil fuels.
The Omani solar energy landscape is rapidly evolving. Another Chinese company, Hainan Drinda New Energy Technology, has also announced plans to build a 10 GW solar cell manufacturing facility in the country. These investments underscore Oman’s strategic location and growing attractiveness as a destination for solar energy projects.
As the global demand for clean energy continues to rise, Oman’s strategic partnership with China in the solar energy sector positions the Sultanate as a key player in the region’s energy transition.
