Nama Power and Water Procurement and O-Green have signed a Power Purchase Agreement for Oman’s Continuous Renewable Energy Project, a major hybrid clean-energy development spanning the wilayats of Mahout and Duqm.
The project will combine solar, wind and battery energy
storage systems with a total installed generation capacity of 2.7 GW, making it
one of the world’s largest integrated renewable energy projects.
Designed to deliver stable electricity around the clock, the
project represents a significant shift in Oman’s renewable energy strategy from
standalone solar and wind facilities to integrated systems capable of providing
firm, dispatchable power.
The development is expected to supply nearly 770 MW of
reliable capacity, supporting the country’s long-term energy transition and
carbon-reduction goals under Oman Vision 2040.
The project is also intended to create a platform for the
expansion of energy-intensive industries, including data centres, advanced
computing, green fuels and high-tech manufacturing.
By combining Oman’s strong solar and wind resources with
advanced battery storage, the initiative aims to overcome intermittency
challenges commonly associated with renewable energy and enable greater
integration of clean power into the national grid.
O-Green, a strategic partnership between OQ Alternative
Energy and Naqaa Sustainable Energy, said its renewable energy portfolio now
exceeds 11 GW of solar and wind projects alongside 4.5 GWh of battery storage
capacity.
The company has
already secured more than 3.3 GW of generation capacity and 2.4 gigawatt-hours
of storage.
Nama Power and Water Procurement, Oman’s sole procurer of
electricity and water capacity, said the project will strengthen energy
security while accelerating the country’s transition to a more sustainable
power system.
Mustafa Al Hinai, Chief Executive Officer of O-Green,
said:“We are pleased to sign the award of this agreement, which represents an
important milestone in accelerating the implementation of continuous renewable
energy projects in the Sultanate of Oman, in line with the objectives of Oman
Vision 2040, which is accorded the Royal care of His Majesty Sultan Haitham bin
Tarik.”
He added: “This project embodies national efforts to
optimise the use of Oman’s abundant renewable energy resources and transform
them into practical projects that support a low-carbon economy. The agreement
also reflects growing confidence in O-Green’s ability to develop integrated
clean-energy solutions that combine solar power, wind power and battery energy
storage systems.”
Ahmed Al Abri, Chief Executive Officer of Nama Power and
Water Procurement, said: “The Continuous Renewable Energy Project represents an
important step in the transformation journey of Oman’s energy sector. The award
of the project to a local developer also presents an integrated model that
combines solar power, wind power and battery energy storage technologies to
provide stable and renewable electricity supply around the clock.”
He added: “The project will contribute to enhancing the
capacity of the electricity grid to accommodate more clean-energy sources,
while supporting Oman’s sustainability and carbon-neutrality targets. Nama
Power and Water Procurement will continue its role in enabling reliable and
economically efficient power and water procurement solutions that meet the
Sultanate of Oman’s growing demand.” -OGN/ TradeArabia News Service