MUSCAT: The United Nations Industrial Development Organization (UNIDO) has identified Oman as one of the Middle East’s most promising emerging industrial economies, highlighting Oman’s efforts to leverage its clean energy transition to build a globally competitive manufacturing base centred on photovoltaic (PV) technologies rather than remaining solely a consumer of renewable energy equipment. In its […]
MUSCAT, JULY 6 United Solar Polysilicon has completed a $1.6 billion capital raising for its polysilicon manufacturing project in Sohar after securing the financial close of a $50 million equity investment from the International Finance Corporation (IFC), the private sector arm of the World Bank Group. The investment marks the final tranche of funding for […]
MUSCAT, JULY 5 As many as four mega solar PV-based Independent Power Projects (IPPs) are planned for implementation across key locations in the Sultanate of Oman, starting from 2028–29. At 1 GW capacity apiece, these four large-scale schemes are central to achieving the Sultanate of Oman’s goal of generating at least 30 per cent of […]
BUSINESS REPORTER MUSCAT, JUNE 30 During the official visit of a high-level delegation from the Sultanate of Oman to France, three strategic agreements were signed in Paris in the presence of His Majesty Sultan Haitham bin Tarik and Emmanuel Macron, President of the French Republic. The agreements mark a significant milestone in the strengthening of […]
BUSINESS REPORTER MUSCAT, JUNE 23 Nama Power and Water Procurement (PWP), the sole buyer of power and water capacity in the Sultanate of Oman, has announced the launch of the Request for Qualification (RFQ) process for the development of two major utility-scale solar photovoltaic (PV) projects: the Adam Solar Independent Power Project (IPP) and the […]
MUSCAT, JUNE 13 Chinese investors unveiled ambitious plans to establish a major solar manufacturing complex and a regional cybersecurity hub in Oman, underscoring growing international confidence in the Sultanate of Oman’s industrial, digital and clean-energy ambitions under Oman Vision 2040. The announcements were made during the Oman Future Fund (FFO) investment showcase on Tuesday, where […]
