Image Source: Bloomberg Leading Canadian energy materials specialist Homerun Resources Inc has announced the signing of a non-binding Memorandum of Understanding (MoU) with Minerals Development Oman (MDO), the nation’s mining investment flagship, to jointly explore prospects for, among other things, the establishment of a first-of-its-kind solar glass manufacturing project in Oman. As a first step […]
Image Source: The Economic Times EDF Renewables and Korea Western Power Corporation (KOWEPO) have secured financing for the Manah 1 project, a 500 MW solar power plant in Oman. Winning the project in response to a tender in September 2022, the consortium inked a power purchase agreement (PPA) with Oman Power and Water Company on […]
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: Earth Org. Undersecretary of the Ministry of Energy and Minerals, H. E. Mohsen Bin Hamad Al Hadrami, recently signed a Memorandum of Understanding (MoU) with the Swiss Federal Office of Energy to enhance cooperation in sustainable and renewable energy and its technologies. The MoU focuses on green hydrogen projects, covering production, processing, storage, […]
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 […]