CO2 – Page 11 – The Majan Council

Oman unveils sustainable finance framework in green push

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 […]

Renewable Energy
13 January، 2024
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Nama PWP Initiates RFP For Ibri III Solar Project, Advancing Oman’s Renewable Energy Agenda

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 […]

Renewable Energy
13 January، 2024
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Oman among frontrunners of renewables growth in MENA: IEA

Image Source: Oman Observer According to a new report by the International Energy Agency, Oman’s renewables capacity growth is set to be the fourth largest in the region after Saudi Arabia, United Arab Emirates and Morocco Renewable capacity expansion in the Middle East and North Africa (MENA) is projected to grow three-fold over the next […]

Solar Energy
13 January، 2024
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EDF Renewables-KOWEPO Consortium Achieves Financial Closure for Manah 1 Solar PV Project in Oman

Image Source: Linkedin A consortium led by EDF Renewables and Korea Western Power Corporation (KOWEPO) has achieved financial closure for the Manah 1 Solar PV Project, a 500MW solar power plant located in Al Dakhiliyah Governorate, Oman. The milestone, announced in line with COP28, marks a significant step towards the commencement of commercial operations in […]

Solar Energy
8 January، 2024
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Oman’s Ibri Solar Independent Power Project Achieves Remote Operation Milestone

Image Source: Mecrom India The Oman Electricity Transmission Company (OETC), responsible for the country’s transmission grids, has announced the successful completion of tests to enable remote operation of the Ibri Solar Independent Power Project (IPP), also known as Ibri II Solar IPP. This project has a capacity of 500 MW, making it the largest grid-connected […]

SolarWadi And GUtech Pioneer Renewable-Powered University With 2.2MW Solar Plant In Oman

Image Source: SOLAR WADI SolarWadi, in collaboration with the German University of Technology in Oman (GUtech), has inked a groundbreaking agreement to establish a state-of-the-art 2.2MWp solar plant, marking GUtech as the first university in the Sultanate of Oman to be powered by renewable energy. The agreement was officially signed in the presence of HE […]

Green Hydrogen
31 December، 2023
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Oman sees signing of two new green hydrogen project agreements

Image Source: Ministry of Energy and Minerals Hydrom, a subsidiary of Energy Development Oman SAOC (EDO), has entered two new agreements awarding green hydrogen projects in Oman. The agreements were signed with the winning bidders of round 1 of the Oman green hydrogen auction process during an event organised by Hydrom. This auction process provides […]

Renewable Energy
28 December، 2023
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Oman in ‘leap forward’ with Europeans and Koreans to use multi-GW wind and solar for green hydrogen

Image Source: NES Fircroft Plans to produce huge volumes of green hydrogen and ammonia from wind and solar in Oman have become more concrete as the country’s national hydrogen firm Hydrom has signed deals with both European and Korean companies related to the HYPORT Duqm project to establish the Arabian sea port as gateway for […]

Renewable Energy
28 December، 2023
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Oman Identifies Vast Land Areas For Renewable Energy Development

Image Source: Green H2 World Sizeable land areas with considerable renewable energy potential have been identified in northern Oman, as revealed during the recent ‘Forum on Sustainable and Low Carbon Aviation Fuel’ hosted by Oman’s Civil Aviation Authority (CAA). These lands, spanning about 7,830 square kilometers in several governorates, complement the 50,000 square kilometers designated […]

Green Hydrogen
28 December، 2023
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Hydrom Signs $20 Billion Deals For Green Hydrogen In Oman

Image Source: Saudi Gulf Projects The announcement comes in the context of increasing investments in renewables in the Middle East, as countries seek to move away from the fossil-fuel-funded economy. This May, Saudi Arabia-based NEOM Green Hydrogen reached financial closure on an $8.4 billion green hydrogen site that will generate 600 metric tons daily of CO2-free hydrogen […]

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