Today, the Omani Namaa Energy and Water Purchase Company signed an agreement to establish two new projects to produce electric power using renewable energy, at an investment cost of $800 million.
And the company announced in a statement, published by the official Omani News Agency, that the two projects will be established in the Wilayat of Manah in the Governorate of A’Dakhiliyah, and the production capacity of the two projects (Manah 1 and Manah 2) will reach about 1,000 megawatts, through the use of solar photovoltaic technology, and their total area reaches 14.5 million square meters. square and more than two million solar panels.
According to the statement, the “Manah 1” solar energy project will be developed by an investment group consisting of the French company “EDF Renewables” and the Korean company “Korea Western Power”, while the investment group consisting of the Singaporean company “Sembcorp Utilities” and the company The Chinese “Jinkou Power Technology” developed the “Grant 2” project.
The statement stated that the two projects will be developed under a partnership system with the private sector under a build-own-operate system.
The Sultanate of Oman aims from the project to promote the use of renewable energy and ensure energy security in the long term, and contribute to achieving the goal of net zero emissions, according to Yaqoub bin Saif Al Kiyumi, CEO of Namaa Power and Water Procurement Company.
He added that the Sultanate of Oman aims to produce at least 40 percent of its electricity from clean and renewable sources by 2040.
He pointed out that the company is currently working on developing a new solar energy project in Ibri with a total capacity of 500 megawatts, and wind energy production projects with a total capacity of 400 megawatts.
It is noteworthy that the Nama Group was established in 2004 as a result of the restructuring of the electricity and water services sector in the Sultanate of Oman.
