Oman Arab Bank is the latest investor in a major polysilicon manufacturing facility currently under development in Oman, after signing a $220 million financing agreement with project developers United Solar Polysilicon.
A consortium including Abu Dhabi Future Energy Co. (Masdar), Al Khadra Partners, Korea Midland Power Co. and OQ Alternative Energy have been chosen to build a 500 MW solar project in Oman, integrated with a 100 MWh battery energy storage system.
Nama Power and Water Procurement Co. (PWP) is seeking a consultant for solar project development, with tender documents available until Aug. 30 and applications due Sept. 15.
Shanghai Electric has completed construction of the 500 MW Oman Manah I solar project, the company’s first project in the country.
The investment package features a $200 million loan for the implementation of the project and a $50 million preferred equity investment. The approval is said to have been opposed by several members of IFC’s board of executive directors.
Scientists in Malaysia have developed a novel deep-learning method for PV suitability mapping. Applying the new approach to the Middle East, they found that approximately 5.8% of the region has very high suitability and 11.5% is highly suitable for PV energy development.
The state-owned Nama Power and Water Procurement Company is looking for consultants to support the development of a 500 MW solar plant. Interested bidders can purchase tender documents until May 11, ahead of a deadline for applications on June 15.
Scientists have developed a system that harvests rainwater running off PV panels for household use or hydrogen production. Their analysis showed that, in the southern Sahel, the system can meet both the energy and water requirements for electrolysis, with surplus rainwater covering up to 50% of a household’s daily water demand.
Aurora Energy Research says the global electrolyzer pipeline now totals around 1.3 TW, with 114 GW in development and 32% expected online by the end of 2026. The firm cites stronger EU policy support and growing momentum in hybrid power purchase agreements (PPAs).
Oman’s Nama Power and Water Procurement Co. received four bids from companies and consortia looking to develop the 500 MW solar project in Ibri, northwestern Oman.
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