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 […]
Image Source: The nature conservancy The country is using its existing energy infrastructure to fast-track its green transition. Ahead of the COP28 climate talks in Dubai later this year, the role of oil and gas-producing economies in the clean energy transition is coming into sharp focus. Ensuring that countries – including those that have relied on oil […]
Image Source: Chemistry World A key study led by Omani scientists underscores the potential for the Sultanate of Oman to capitalize on the abundance of high-quality silica sand for cost-competitive thermal energy storage – a prerequisite for the large-scale production of green hydrogen and green ammonia in the country. Publication of the study, titled ‘Silica […]
Image Source: Tara Energy Oman has significant potential to channel its deep expertise in the production of fossil fuels towards clean energy projects that could accelerate the country’s efforts to lower its emissions and diversify its economy, according to a new report from the International Energy Agency (IEA). Leveraging Fossil Fuel Capabilities for Clean Energy Transitions: Assessment […]
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: Farmers Weekly Oman ranks first in the MENA region and ninth globally with an exceptional prospective capacity of 18,349 megawatts (MW), representing for 1.55% of the total global capacity, according to the research, which offers insights into solar farm projects with a capacity of 20 MW and more. The figures from the Global Solar Power […]
Image Source: Medium For Oman, the transition to cleaner energy sources is both an imperative and a practical economic path to a more sustainable future. The Omani government is in a race to prepare for a post-oil future. Since the discovery of oil in the 1960s, the sultanate’s economy has relied heavily on revenue from […]
Image Source: Energy Oman Magazine Nama Power and Water Procurement Co (PWP), the sole off-taker of electricity from independent power plants in Oman, will seek developers for new solar and wind projects that are planned to add about 3 GW of capacity by 2029 in addition to a gigawatt that has already been assigned. The […]
Image Source: Jeff Gelski Net Zero Tracker, an independent data consortium including Oxford University, said corporate targets from Forbes2000 index companies had jumped 40% to 1,003 in October 2023, from 702 in June 2022, covering two-thirds of revenues, some $27trln LONDON – Half of the world’s 2,000 biggest listed companies have set a target to […]
Everyone loves hydrogen and a lot of hopes for a cleaner energy future hinge in the development of such technology. The road is still long to make hydrogen (and green one) a concrete reality but the momentum behind its large-scale deployment keeps building not only for climate reasons but also for energy security ones. The […]