The authority has launched a competitive process to select a solar PV system developer The Authority for Public Services Regulation (APSR) has launched a competitive process to select a solar PV system developer for the purpose of procurement, installation, ownership, and operation of rooftop solar PV systems on selected residential premises. So far over 1,500 […]
Oman explores opportunities for green hydrogen with solar thermal and wind energy
Oman is exploring opportunities in the green hydrogen sector and for this purpose a committee has been set up under the leadership of Oman’s ministry of oil and gas, a senior official at Petroleum Development Oman (PDO) said. Abdul-Amir Al Ajmi, External Affairs and Value Creation Director at PDO, said, “A committee, led by the […]
Sterling and Wilson Solar Limited commissions its first Solar PV Project in Oman
Biggest single-unit solar park using bifacial modules across the world Once operational, the plant will produce enough solar energy to save 120,000 tonnes of carbon emissions Mumbai: Sterling and Wilson Solar Limited (SWSL) (BSE Scrip Code: 542760; NSE Symbol: SWSOLAR), one of the largest solar EPC solutions providers in the world, today announced that it has commissioned the […]
AIIB’s USD60-M Solar Investment in Oman Supports Diversified Energy Mix
The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved a USD60-million loan to increase Oman’s renewable power generation capacity and reduce the country’s dependence on gas and other fossil fuels for electricity generation. This is AIIB’s first nonsovereign-backed financing in the country’s renewable energy sector. The project is a 500-megawatt greenfield solar photovoltaic […]
AIIB weighs funding support for Oman’s first solar PV project
AIIB weighs funding support for Oman’s first solar PV projectThe Asian Infrastructure Investment Bank (AIIB), a multilateral development bank with a mandate to support infrastructure development in the Asia-Pacific region, has revealed that it is studying a request for around $60 million in funding support from the developers of Oman’s first utility-scale solar PV project. […]
Oman targets 3,050 MW of renewables by 2025
A renewable energy development plan unveiled recently by the Oman Power and Water Procurement Company (OPWP) the sole buyer of electricity in the Sultanate envisions the procurement of 3,050 megawatts (MW) of renewables-based capacity by 2025, representing 16 per cent of total electricity output by this timeframe. This compares with a minimum 10 per cent […]
Battery energy storage set to make Oman debut
Battery energy storage is set to make its debut on a significant scale in the Sultanate as part of the planned development of a series of small-scale solar PV – diesel hybrid projects across Oman. The Rural Areas Electricity Company (Tanweer), a subsidiary of The Electricity Holding Company (Nama Group), is planning to shortly invite […]
Oman sells $1 bn stake in electricity company to Chinese buyer
The deal is one of five privatisations that Nama is planning as Oman seeks to raise cash from asset sales to bolster its coffers, which have been depleted over the past few years by a slump in oil prices DUBAI: Oman’s state-owned Electricity Holding Company, also known as Nama, has sold a 49% stake in […]
BGRIM secures solar rooftop projects in Oman and Philippines
B.Grimm Power Public Company Limited (BGRIM), led by Chairman, Dr. Harald Link, and President/Chief Executive Officer, Mrs. Preeyanart Soontornwata, signed an agreement With AI Madina Real Estate Company S.A.O.C., led by Mr. Khamis Bin Mubarak Al-Kiyumi, Chairman, and Tahseen International Company, led by Mr. Abdul Rahman Awadh Abdullah Barham Ba Omar, Chief Executive Officer, to […]
BGRIM secured a 30-MW solar rooftop project in Oman
Harald Link, chairman of B Grimm Power Public Company Limited (BGRIM), together with President/Chief Executive Officer Preeyanart Soontornwata, signed an agreement on November 13 with Khamis Bin Mubarak Al-Kiyumi, Chairman of AI Madina Real Estate Company SAOC, and Abdul Rahman Awadh Abdullah Barham Ba Omar, Chief Executive Officer of Tahseen International Company, for the development […]