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Times of Oman
14 hours ago
- Business
- Times of Oman
Workshop held to highlight Oman's circular economy gap calculation project
Muscat: The Ministry of Economy on Monday organised the second workshop on the "Circularity Gap Report - Oman." This initiative aims to develop a national roadmap for the circular economy. Dr. Nasser Rashid Al Maawali, Undersecretary of the Ministry of Economy, clarified that the project to calculate the circular economy gap in Oman is the first of its kind in the Middle East and North Africa. This underscores Oman's commitment to achieving net-zero emissions by 2050. In a press statement, the Minister explained that this crucial national project has three main objectives: establishing a national baseline to measure the circular economy gap and compare it with other countries, designing a circular economy roadmap for Oman, and empowering and enhancing national capabilities in the circular economy sector for both public and private entities. Al Maawali affirmed that the project will foster sustainable, low-carbon economic development and create new investment opportunities in renewable areas related to alternative energy and the green economy. Earlier in the workshop, Ahmed Said Al Siyabi, Director General of Economic Policies and Programs at the Ministry of Economy, delivered a speech. He emphasised that the workshop aimed to review and discuss the preliminary results of calculating the baseline for the circular economy gap across various sectors. He added that the workshop also introduced accompanying initiatives, such as training programs and a proposed interactive platform to showcase project results and outputs. Furthermore, the workshop presented preliminary models illustrating the impact of applying circular economy policies on environmental and economic indicators, including employment opportunities. During the workshop, visual presentations showcased developments in the study to calculate the circular economy gap in Oman, along with a presentation and discussion of the project's preliminary results. Attendees also participated in group discussions to present and analyse models and scenarios for measuring the impact of implementing circular economy strategies and policies on environmental impact and job opportunities. The significance of the circular economy lies in its pivotal role in promoting sustainability, efficient resource utilisation, waste reduction, and recycling as a sustainable model, moving away from the traditional resource-depleting model.
Korea Herald
02-07-2025
- Business
- Korea Herald
Trinasolar Debuts High-Efficiency PV+Storage Solutions in Thailand at ASEW 2025
BANGKOK, July 2, 2025 /PRNewswire/ -- As Thailand advances toward Carbon Neutrality by 2050 and Net Zero Emissions by 2065, the demand for integrated clean energy solutions is accelerating. At Asia Sustainable Energy Week (ASEW) 2025 on 2-4 July in Bangkok, Trinasolar, a global leader in smart PV solar and energy storage solutions, will debut its latest PV + storage technologies in the Thai market. Trinasolar brings to Thailand a full suite of PV and storage offerings, fresh from its global showcase at SNEC 2025 in Shanghai, the world's largest solar expo. Highlights include its high-performance Vertex N i-TOPCon Ultra modules, the Elementa 2 Pro 5MWh utility-scale battery energy storage system (BESS), and residential energy storage. These offerings reinforce Trinasolar's position as a smart energy leader, offering complete, scenario-based solutions that meet the diverse needs of Thailand's evolving energy landscape. Trinasolar's Vertex N i-TOPCon Ultra modules feature advanced technologies such as double-sided passivation and ultra-thin busbars to improve cell efficiency and boost power output by up to 40W. The large-sized NEG21C.20 model delivers up to 760W at 24.5% efficiency, while the medium-sized NEG19RC.20 offers 670W and 24.8% efficiency. These modules are engineered to lower Levelized Cost of Energy (LCOE) and perform reliably in Thailand's environmental conditions. To complement its PV offering, Trinasolar will introduce the Elementa 2 Pro, a 5MWh utility-scale battery energy storage system. It features in-house developed 314Ah Trina Cells, capable of more than 10,000 cycles. The system includes IP67-rated protection, fire mitigation measures, and a hybrid cooling system that reduces auxiliary power consumption by 30 percent. It operates efficiently in high-temperature conditions, making it well-suited for tropical markets like Thailand. Trinasolar will also showcase its residential ESS portfolio, designed for small-scale applications. These systems offer modular capacities from 5.12kWh to 25.6kWh, support both single and three-phase configurations, and are easy to install. Safety features include a built-in fire suppression system, IP65-rated protection, and natural convection cooling. These solutions are tailored to meet the growing demand for rooftop solar and home energy resilience in Thailand's urban and rural areas. "Thailand's clean energy market is evolving rapidly, driven by strong policy, growing energy demand, and the increasing value of distributed generation," said Elva Wang, Group Director of Southeast, South and Central Asia, Trinasolar Asia Pacific. "At Trinasolar, we see an urgent need for adaptable, integrated solutions that support both grid stability and energy independence. By delivering advanced PV + storage systems tailored for real-world scenarios, we aim to create long-term value for Thai developers, EPCs, and end users. Our commitment is not only to technology leadership but also to empowering local partners in the country's low-carbon future."
Observer
29-03-2025
- Business
- Observer
OETC earmarks $2.2 billion for Oman's grid infra expansion by 2028
MUSCAT, MARCH 29 Majority state-owned Oman Electricity Transmission Company (OETC), the operator of the country's national grid, says it has budgeted an expenditure of $2.2 billion towards the execution of as many as 32 key projects over the 2024 – 2028 timeframe – projects that are necessary to integrate, expand and modernise Oman's critical power transmission and dispatch infrastructure. The investment is also key to enabling the evacuation of renewable power from a host of new solar and wind energy projects planned for development across the country. This sizable allocation comes on top of a capex of $1.2 billion already made by OETC towards a slate of grid expansion projects implemented over the 2019-2023 timeframe, the company stated in a new report. Both sets of projects are 'designed for the evacuation of new generation capacity and support load growth and system security standards,' said OETC. It cited in this regard its central role in managing the intermittent nature of renewable energy as Oman prepares to ramp up the share of clean energy generation from 5.9 per cent of total capacity as of 2024, to 32.7 per cent by 2028. Renewable energy's component is projected to further rise to 70 per cent by 2040. To achieve this target, Nama Power and Water Procurement Company (PWP) – the sole procurer of new capacity and offtaker of output – aims to procure more than 4 GW of solar and wind-based Independent Power Projects (IPP) across the country by 2029. OETC also noted that its North-South Interconnect Project (Rabt) will increase access to vast areas of the country with renewable energy potential, once the Main Interconnected System (MIS) in the north and Dhofar System in the south are integrated. Rabt will also play a vital role in conserving the environment and achieving Oman's Net Zero Emissions (NZE) target by 2050, in line with the Omani government's drive to switch to renewable energy. 'The Rabt Project aims to increase efficiency, integration, and security of the national electricity transmission network while reducing carbon emissions. The project's estimated reduction in carbon emissions is expected to exceed 474,000 tonnes per annum following the closure of 14 diesel operated plant, which will also save more than 175mn litres of diesel on an annual basis, thus reducing costs by more than $170 million,' the grid operator added. OETC is 51 per cent owned by state-run Nama Holding, and 49 per cent by State Grid International Development Ltd (SGID), which is part of the wholly Chinese-owned State Grid Corporation of China, the world's largest transmission network operator. OETC's grid infrastructure consists of an Extra High Voltage (EHV) transmission network covering over 95 per cent of Oman's electricity market. Its 113 grid stations are interconnected by 132kV, 220kV and 400kV overhead lines and underground cables. The transmission network has expanded from 3,806 km of power lines at the end of 2010 to over 10,066 km at the end of 2023.
