Oman Awards Middle East's Largest Pumped Storage Hydro Project

Researched by IIR News Intelligence (Sugar Land, Texas)--Oman has taken another major step in its renewable energy transition by awarding the country's first-ever 2-gigawatt (GW) pumped storage hydro (PSH) project, the largest of its kind in the Middle East, along with the 500-megawatt (MW) Al Kamil Solar PV Independent Power Producer (IPP) project to EDF Power Solutions and its partners. The awards mark a significant milestone in the sultanate's strategy to diversify its energy mix and support its target of generating around 30% of its electricity from renewable sources by 2030 under Oman Vision 2040.

According to Industrial Info Resources data, there are 77 active capital renewable energy projects in Oman with a combined investment value of US$70.48 billion across a variety of industries. Detailed project reports are available here in the Global Market Intelligence (GMI) Project Database.

Led by Nama Power and Water Procurement (Nama PWP), Oman is rapidly expanding its renewable energy portfolio while reducing its dependence on natural gas-fired generation. The latest awards follow the procurement of the landmark 2.7-GW Round-the-Clock (RTC) Hybrid Renewable Energy Project, which combines solar photovoltaic (PV), wind power and battery energy storage systems (BESS) across the Duqm and Mahout regions. The country has also advanced the development of the 1-GW Adam Solar PV IPP and the 500-MW Sinaw Solar PV IPP.

Looking ahead, Nama PWP plans to procure four additional 1-GW solar photovoltaic (PV) projects as part of its objective to install approximately 12 GW of renewable energy capacity by 2031. The pipeline also includes the 300-MW Duqm Wind III project, the 100-MW Al Jazer Wind Project and the 100-MW Shaleem Wind Project, further strengthening Oman's renewable generation capacity.

The expanding portfolio of solar, wind, battery energy storage and pumped hydro projects is expected to enhance grid reliability, improve long-term energy security, reduce carbon emissions and help meet Oman's growing electricity demand while supporting its net-zero emissions target by 2050.

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