Energy, Oil & Gas

Nama, O-Green launch 2.7 GW renewables project in Oman

MUSCAT
Nama, O-Green launch 2.7 GW renewables project in Oman

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