Image Source: Aju Korea Daily South Korean steel giant POSCO is taking a major leap towards green steel production with a record-breaking deal. A consortium led by POSCO has secured a $6.7 billion contract to build the world’s largest green hydrogen facility in Duqm, Oman. This project significantly contributes to Oman’s goal of achieving carbon […]
Image Source: The Kickass Entrepreneur In a significant development in the field of renewable energy, Telecommunications Consultants India Ltd. (TCIL) has issued an invitation for bids from eligible parties to establish a pre-tender tie-up for a substantial project in Oman. The project, titled “DESIGN, ENGINEERING, SUPPLY, CONSTRUCTION, TESTING, COMMISSIONING INCLUDING OPERATION AND MAINTENANCE OF 20MW […]
Image Source: Verogy The solar project will begin operation in Q1 2025, providing more than 50,000 homes with power A consortium led by French utility specialist EDF Renewables and Korea Western Power Corporation (Kowepo), has announced that it has reached financial close on Manah 1 – a 500MW solar power plant located in Oman. Following […]
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: 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: 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 […]
Image Source: Grants Assist Oman Electricity Transmission Company (OETC), the owner and operator of the country’s transmission grids, has announced the successful completion of tests to support the remote operation of the Ibri Solar Independent Power Project (IPP). Also known as Ibri II Solar IPP, the 500 MW capacity project is the largest grid-connected utility-scale […]