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TotalEnergies, in collaboration with its partner OQ Alternative Energy (OQAE), the National Renewable Energy Champion, has signed landmark agreements to develop 300 MW of renewable energy projects in Oman, aligning with its multi-energy strategy in the Sultanate. The renewable electricity generated will be supplied to Petroleum Development Oman (PDO), the country’s leading exploration and production company, under long-term Power Purchase Agreements (PPA).
The projects include North Solar, a 100 MW solar facility in Saih Nihaydah in northern Oman, and Riyah-1 and Riyah-2, two 100 MW wind farms located in Amin and West Nimr fields in the south. TotalEnergies and OQAE will hold 49% and 51% stakes, respectively. Construction is set to begin in early 2025, with electricity production expected by late 2026, delivering over 1.4 TWh of renewable energy annually. “Following our recent successes in the Sultanate of Oman, notably with the launch of the Marsa LNG project in April, we are pleased to make a new step in the deployment of our integrated multi-energy strategy in Oman,” said Olivier Jouny, Senior Vice President Renewables at TotalEnergies. “Together with our partner OQAE, we are eager to start the construction of these three projects which will provide long-term renewable electricity to PDO while supporting the Sultanate in its energy transition”.
“We are delighted to sign these agreements, which further reinforce our steadfast commitment to achieving Net Zero emissions by 2050 in line with the objectives of Oman Vision 2040, mainly the diversification of energy sources to ensure sustainable energy security. PDO’s journey towards sustainability was firmly established with previous groundbreaking initiatives, including the Amin Solar IPP Power Plant and the Rima Water Treatment Project. These projects, alongside the ones signed today, continue to reshape Oman’s energy landscape by blending technological innovation with environmental stewardship. They also support our aim of sourcing 30% of our power capacity from renewables by 2026, reflecting our dedication to a cleaner, sustainable future”, said Dr Aflah Al Hadhrami, Managing Director of PDO.
“In partnership with PDO and TotalEnergies, OQAE is proud to advance Oman’s transition toward sustainable energy. As an energy transition enabler, we are delighted to lead the development of these projects supporting PDO to achieve their decarbonization plans. This significant milestone underscores the expertise and dedication of all stakeholders involved. As the National Champion for Clean Energy in Oman, OQAE is committed to supporting the nation’s economic growth by developing innovative clean energy and low-carbon projects. With a focus on environmental stewardship and long-term prosperity, OQAE ensures the delivery of sustainable solutions to meet Oman’s evolving industrial energy needs”, stated Ms. Najla Zuhair Al Jamali, Chief Executive of OQ Alternative Energy. |
