Image Source: The Arabian Stories Officials estimate $38bn in committed spend from developers — but few are ready to take FID Oman’s state-owned hydrogen auctioneer Hydrom has this week awarded a block of land to the SalalaH2 consortium, bringing production capacity — if all six blocks awarded so far are developed — to 925,000 tonnes […]
Image Source: Gosourcing Amnah, a multinational consortium that secured Oman’s initial land block through an international auction for green hydrogen development, has disclosed its strategic plan to allocate the renewable hydrogen produced in its multi-billion dollar investment in Duqm for the creation of green steel in the Sultanate of Oman. This crucial commitment to locally […]
Image Source: Solarquarter The government of Oman and the Port of Amsterdam will explore the development of a liquid hydrogen supply corridor to facilitate the export of green hydrogen from the Sultanate to the Dutch port and onwards to Europe. Oman’s Ministry of Energy and Minerals, state-owned company Hydrogen Oman (Hydrom), the Port of Amsterdam, […]
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 Sustainability Week Oman is set to issue Requests for Qualifications (RFQs) for multiple renewable energy projects this year. The plans, announced by Nama Power & Water Procurement Co (PWP), involve four wind-based Independent Power Projects (IPPs), a mid-sized solar PV-based IPP, and a Waste-to-Energy initiative. The projects will be procured through competitive bidding, with RFQs expected […]
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 […]
Image Source: TaiyangNews In alignment with Oman Vision 2040 and its commitment to Net Zero plans, Nama Power and Water Procurement (PWP) is set to initiate a Request for Proposals (RFP) for the Ibri III Solar Independent Power Project (IPP). The proposed solar PV project, with a capacity of 500 MW, is planned for implementation […]