With no details reported on the final electricity price agreed for a 500 MW solar project to be built in Oman, speculation will center on whether the victorious Saudi power company and its Kuwaiti partners have again trumped lower offers from overseas rivals.
Two Emirati developers are celebrating landmark deals with a commercial and industrial focus as Yellow Door Energy secures $65 million to expand operations into new markets and Adenium – one of Yellow Door’s backers – prepares to operate the region’s first industrial self-consumption and net metering project.
The hybrid plants will be developed as independent power producer (IPP) projects at 11 off-grid sites. The largest project will be developed on the island of Mazeira, off the east coast of mainland Oman in the Arabian Sea.
Only three consortia are now competing to build huge solar park: one formed by Masdar, Total and Jinko; another led by Saudi energy company ACWA; and a third group of companies led by Japan’s Marubeni Corporation and the Oman Gas Company (OGC). The tender is expected to be finalized early next year.
State owned oil company Petroleum Development Oman (PDO) has awarded an independent power producer contract for a 100 MW solar project to a consortium led by Japanese conglomerate Marubeni. Once constructed, the plant will power PDO’s operations in Oman under a 23-year PPA.
Thin-film manufacturer says its skyscraper product, which can be retrofitted, will open up a new BIPV marketplace – but spokesman sidesteps question of whether Trump’s solar duties will apply in the US.
The Oman Power and Water Procurement company (OPWP) is now seeking bids to secure technical consultancy services for the development of the project, the capacity of which could reach 1 GW.
The tender is part of a new plan by the Oman Power and Water Procurement company (OPWP), which envisages the deployment of 2 GW of solar through four 500 MW IPP tenders. One of these was launched by the Middle Eastern country in December of last year.
The country’s energy regulator is now seeking proposals for the supply of a risk management system to perform operational management and risk mitigation for the Sahim 2 rooftop PV initiative.
After revealing the list of the 28 Statement of Qualifications (SoQs) it received in March, the Oman Power and Water Procurement company (OPWP) has now unveiled the names of the 12 pre-qualified applicants.
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