Last year, AIIB’s Board of Directors approved financing of up to $60mln for the Ibri II project. Oman’s first and largest utility-scale solar photovoltaic (PV) Independent Power Project (IPP), which is slated to come into operation at Ibri in Al Dhahirah Governorate this month, will make an important contribution to the Sultanate’s commitments under the […]
The solar project features 150 solar panels within 300m2 and It provides electricity by producing around 36KW/hour of alternating current. Majis Industrial Services Company (MISC), an affiliate of Oman Investment Authority, has completed construction work on a solar-powered electricity production plant. The project is located at the Sohar Industrial Port. Electricity production within the renewable […]
The facility is planned to come into operation in 2026. Oman’s strategic green hydrogen project, HYPORT Duqm, has signed a cooperation agreement with energy giant Uniper. Under the cooperation, Uniper will be joining the project team to provide engineering services and negotiate an exclusive offtake agreement of green ammonia. With Uniper, HYPORT Duqm’s shareholders DEME […]
A consortium composed of Oman’s state-run energy company OQ, US-based green hydrogen developer InterContinental Energy, and Kuwait Investment Authority’s subsidiary Enertech announced a plan to build a 25GW wind-plus-solar base for powering the production of green hydrogen. The base will be located somewhere in the Al Wusta Governorate, which is situated in central Oman. According […]
Muscat: Petroleum Development Oman (PDO) and the Office of the Governor of Al Wusta signed a memorandum of understanding (MoU) today. The MoU will facilitate the funding of several projects as a part of PDO’s social responsibility, according to Oman News Agency. These projects include building a public park, installing solar system lights in main […]
The Oman Green Energy Hub is expected to mirror in scope and capacity an equally ambitious scheme planned in Western Australia with an estimated investment of $36 billion. Leading the development of the proposed Asian Renewable Energy Hub in Australia is Hong Kong-based InterContinental Energy, the same developer named last week in the international consortium […]
Green fuel project in Al Wustan governorate would be powered by 25 gigawatts of renewable energy. A man works at Enel SpA’s new hydrogen-fuelled combined cycle power plant inside the Andrea Palladio Fusina plant in Venice.Oman will host one of the world’s biggest green hydrogen projects to be built by an international consortium of companies […]
Oman said it plans to build one of the world’s largest green hydrogen plants, as Middle Eastern states step up efforts to produce a fuel seen as crucial to the clean energy transition. State oil firm OQ SAOC, Hong Kong-based InterContinental Energy Ltd. and Kuwait’s EnerTech will be partners on the project, which will eventually […]
Muscat: New solar and wind power plants could soon be set up in Oman, under an agreement between local company Anvwar Asian Investments (AAI), and a consortium of international investors. The move is expected to reduce Oman’s dependence on fossil fuel-based sources of energy, such as oil and gas, which is also part of the […]
Ireland-based electrolyzer company Fusion Fuel Green PLC will collaborate with Consolidated Contractors Group S.A.L. (Offshore) (CCC), to develop green hydrogen plants in the Middle East. CCC and Fusion Fuel have agreed to cooperate on projects involving the production of green hydrogen for potential clients in the refining and petrochemical industries in order to reduce their […]