Latest news with #NorthOmanSolar
Observer
11-07-2025
- Business
- Observer
Oman's OQAE targets over 10 GW renewables by 2035
MUSCAT: OQ Alternative Energy (OQAE) – the clean energy arm of integrated Omani energy group OQ – has announced plans to develop over 10 gigawatts (GW) of renewable energy production capacity within a decade. It also aims to bring a portion of its green hydrogen production capacity online within this timeframe. According to Najla al Jamali, OQ Alternative Energy CEO, these goals are aligned with the company's decarbonisation and energy transition strategies, consistent with its mandate as Oman's national champion for clean-energy development. 'By 2035, I envision OQAE exceeding 10 GW in renewable energy production and becoming a regional leader, possibly expanding beyond Oman. I would like to see our hydrogen projects supplying both domestic and international markets. Ideally, we would minimise export dependencies by fostering local offtake,' Al Jamali said in an interview with The Energy Year, a London-based news portal. The rollout of this portfolio is already underway, with the recent launch of construction of three renewable energy projects – the Riyah 1 and Riyah 2 wind farms and the North Oman Solar project – with a combined capacity of around 300 MW, the output of which is contracted to Petroleum Development Oman (PDO), the country's largest oil and gas producer. In addition, OQAE is supporting another 300 MW solar farm to provide clean energy for the Marsa LNG bunkering project currently under construction at Sohar Port. In the interview, Al Jamali highlighted the critical role of international partnerships in delivering OQAE's ambitious clean energy agenda. These partners contribute not only equity but also advanced technology and operational expertise. Many of them – including oil and gas producers and hard-to-abate industries – are also prospective customers for OQAE's clean energy output as they pursue their own decarbonisation pathways. 'In clean energy, our customer base includes PDO, Marsa LNG, Oxy and OQ Exploration & Production (OQEP),' she noted. 'Our potential customers include oil and gas companies such as PDO, BP, Shell and Oxy, as well as industrial players like Vale, Jindal and Sohar Aluminium. Within OQ Group itself, we also look to serve the refinery and plants in Salalah.' Significantly, OQAE is expanding its role in solar and wind energy development aimed at meeting Oman's national renewable energy targets. Earlier this year, OQAE secured a commitment for a stake of up to 25 per cent in all future renewable energy projects procured by Nama Power and Water Procurement Company (PWP) – the sole procurer of new power and water capacity in Oman. This commitment encompasses all upcoming solar and wind projects (and potentially other forms of alternative energy as well), beginning with the Ibri III Solar PV project, a 500 MW scheme slated for development in Al Dhahirah Governorate. 'As the national champion, we have rights in Nama Power and Water Procurement tenders. Three projects have already been floated. Ibri III has been awarded, while the Jaalan Bani Bu Ali and Dhofar Wind 2 projects are progressing. Nama Power and Water Procurement has also allocated around 1 GW of wind capacity to us, with some sites already identified and others pending selection,' Al Jamali explained. On the progress of OQAE's green hydrogen ventures, the CEO stated: 'We expect our hydrogen projects to advance from around 2030 onward, with some developments extending into the following decade.' She added: 'Our Hyport project features a 500 MW electrolyser. Green Energy Oman and Salalah H2 each represents around 2 GW. Collectively, these three legacy projects are expected to deliver approximately 400 kilotonnes per year. We believe they are among the most advanced in the region, having gathered wind data and progressed to the pre-FEED stage.'
Observer
09-06-2025
- Business
- Observer
OQAE begins operational phase of clean energy project pipeline
MUSCAT: More than five years after its establishment as the clean energy investment arm of OQ Group, OQ Alternative Energy (OQAE) is set to formally commence the operational phase of its pivotal mandate. That phase will begin next year, when three mid-scale renewable energy projects—dubbed Riyah-1, Riyah-2 (both wind-based Independent Power Projects, or IPPs), and the North Oman Solar IPP—come online over the course of the year. Their launch marks OQAE's official entry into the operational phase of a portfolio that aims to deliver upwards of 7 GW of new renewable energy capacity through to 2030. The significance of this milestone in OQAE's evolution as the National Champion for Renewable Energy in Oman was emphasized in an exclusive interview highlighting how the Riyah-1, Riyah-2, and North Oman Solar projects align with OQAE's overarching mandate. That mandate rests on two main pillars: The first is the development of renewable energy and green hydrogen projects; the second is ensuring holistic development across the entire value chain and ecosystem, which includes project execution, competency development, supply chain investment, and strategic planning through to implementation. Integral to these objectives is the aim of attracting foreign direct investment (FDI) and advanced technology know-how into Oman. As announced last month, a joint venture comprising OQAE (51%) and TotalEnergies (49%) will develop the three projects at designated sites within the Block 6 concession of Petroleum Development Oman (PDO). The renewable electricity generated will be supplied to PDO under long-term Power Purchase Agreements (PPAs) at agreed tariffs. The OQAE–TotalEnergies JV will continue to own and operate the projects for the duration of the PPAs. According to the officials, partnering with a renowned integrated energy company like TotalEnergies aligns with OQ Group's strategy of leveraging the extensive experience and capabilities of global industry leaders. 'Unlike our well-established peers such as OQ Exploration & Production and OQ Refineries & Petroleum Industries, OQAE is just commencing its operational journey,' one executive noted. 'As a first step, our partnership spans not only Riyah-1, Riyah-2, and North Oman Solar, but also the 300 MW solar PV project that will contribute to the decarbonisation of the Marsa LNG bunkering project under construction at Sohar Port.' Meanwhile, Huadong Engineering Corporation—a subsidiary of Chinese contracting giant PowerChina—has already begun work on the three PDO-linked renewable energy projects. An initial batch of eight wind turbines is expected to arrive at the Port of Duqm for Riyah-1 in October. The supplier, Goldwind, a leading Chinese manufacturer, was awarded the contract to supply 36 turbines (18 for each site), each with a capacity of 117 MW, for the two wind farms. Solar PV panels for the North Oman Solar project will be supplied by Longi, a global leader in solar technology. More than 200,000 bifacial N-type panels, with a generation capacity of 128 MW DC, will be installed across a 3.5 km² site at Saih Nihayda in central Oman. The commercial operation dates are targeted for Q2 2026 for North Oman Solar and Q4 2026 for the wind farms. In addition to being the first clean energy projects to progress from concept to implementation, Riyah-1, Riyah-2, and North Oman Solar are also set to create a number of firsts for OQAE. They are the first to achieve Final Investment Decision (FID) and financial closure; the first wind projects to be financed locally by Omani banks—Bank Muscat and Ahli Bank; the first Wind IPPs in the world to exclusively power oil and gas projects; the first clean energy projects in which both the developers and end customers are from the oil and gas sector; and the first collaboration between oil and gas companies to advance the energy transition.
