Image Source: Power Technology Oman Power and Water Procurement Company (OPWP) has released its 7-year statement (2023-2029), which outlines its plans for meeting the growing demand for electricity and water in Oman. The statement forecasts that electricity demand in the Main Interconnected System will grow at an average rate of 2.2% per year, while water […]
Image Source: Fitch Solution Brazilian mining conglomerate Vale’s recent announcement that it had successfully launched the world’s first iron ore briquette project at Vitoria in the southeast of Brazil, represents a further boost for its goal to establish a low-carbon ‘Mega Hub’ at Duqm in the Sultanate of Oman. Vale SA, the world’s largest iron […]
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, […]
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. […]
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, […]
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, […]
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 […]
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 […]
Image Source: Oman Observer A landmark Blue Hydrogen & Ammonia project being firmed up by Oman Shell for planned implementation at Duqm has the potential to underpin the country’s transition to large-scale adoption of sustainable zero-carbon fuels, such as green hydrogen. Shell recently announced that it had received the support and endorsement of the Ministry […]
Image Source: Oman Observer It is the largest solar system for a desalination plant with an annual capacity of over 32,000 MWh of green electricity Eng Salim bin Nasser al Aufi, the Minister of Energy and Minerals, inaugurated the 17-megawatt peak (MWp) solar photovoltaic (PV) farm producing green energy to power the Sharqiyah Desalination Plant in […]