TAG: "Oman"

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Oman’s HyDuqm Hydrogen Project Eyes USD 8 Billion Investment

The HyDuqm green hydrogen project in Oman, led by Engie and Posco, aims to attract USD 7-8 billion in investment. With 5 GW of renewables, it will produce 200,000 tpa hydrogen, supporting South Korea’s decarbonisation and Oman’s 1 million tpa hydrogen goal by 2030.

Oman | March 03, 2025 | By EI News Network 583

Oman Enhances RE Adoption with Self-Generation and Direct Sale Initiative

Oman’s Ministry of Energy and Minerals has introduced a policy to regulate self-generation and direct sale of renewable electricity, fostering market liberalization, boosting clean energy investments, and ensuring grid stability while advancing the nation’s 2050 net-zero targets.

Oman | February 03, 2025 | By EI News Network 510

KOWEPO Completes 500 MW Solar Plant in Oman

KOWEPO's 500 MW solar project in Oman, the first large-scale solar initiative by a South Korean company, has won the Renewable Energy Project of the Year award, with a 20-year power purchase agreement ensuring long-term revenue.

Oman | January 22, 2025 | By EI News Network 482

PDO Partners with OQAE, TotalEnergies for RE Projects

Petroleum Development Oman, OQAE, and TotalEnergies will develop three renewable energy (RE) projects, including a 100 MW solar farm and two 100MW wind farms, supporting Oman Vision 2040 and targeting net-zero emissions by 2050 with significant CO2 reductions.

Oman | December 12, 2024 | By EI News Network 818

ewpartners Invests in United Solar’s USD 1.5 Billion Polysilicon Plant in Oman

ewpartners has committed a multi-million-dollar investment in United Solar’s USD 1.5 billion polysilicon plant in Oman’s Sohar Port Free Zone, supporting the region’s energy transition and advancing its renewable energy market growth.

Oman | December 05, 2024 | By EI News Network 893

Hasa Energy Signs Oman’s First ESCO Contract with MOHUP

Hasa Energy partners with Oman’s Ministry of Housing and Urban Planning in a landmark ESCO agreement to cut energy consumption by 39 percent, aligning with Vision 2040 and net-zero goals through innovative technologies and advanced sustainability measures.

Oman | November 25, 2024 | By EI News Network 1057

UK's Yamna to Support Oman’s Green Hydrogen Vision

Yamna, a UK-based specialised green hydrogen and derivatives platform, has committed to supporting Oman’s green hydrogen goals at the National Ecosystem Readiness Lab in Muscat. The initiative aligns with Oman’s strategy to lead in green hydrogen production by 2030.

Oman | September 10, 2024 | By EI News Network 948

Oman and Bulgaria to Sign MoU to Enhance Energy Cooperation and Investments

Oman and Bulgaria will sign an MoU to boost energy collaboration, focusing on renewables, oil, gas, hydrogen, and explore Omani investments and LNG supplies for Bulgaria.

Oman | August 28, 2024 | By EI News Network 907

GCC Targets 80 GW Renewables by 2030

The GCC aims to generate 80 GW of renewable energy by 2030, tackling challenges with energy storage, grid stability, and AI, while boosting investment and regional energy security.

Oman | August 26, 2024 | By EI News Network 1152

VinFast Launches First Middle East EV Showroom in Muscat, Oman

VinFast's innovative design, cutting-edge technology, and impressive performance are set to redefine the driving experience for customers in Oman and the Middle East.

Oman | August 01, 2024 | By EI News Network 1230

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