Events Date: 9

Oman Finalizes Power Purchase Agreement for Major 2.7 GW Hybrid Energy Initiative

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Omanโ€™s Nama Power and Water Procurement Company (Nama PWP) has officially entered into a power purchase agreement with O-Green to develop the nationโ€™s first utility-scale, round-the-clock renewable energy project. This initiative, designated as the Continuous Renewable Energy Project, represents a significant expansion of Oman energy infrastructure. Located across the wilayats of Mahout and Duqm, the facility is designed to integrate solar photovoltaic technology, wind power, and battery energy storage systems to ensure a consistent and sustainable power supply for the region’s growing industrial requirements.

The Oman renewable energy project is set to reach a total installed generation capacity of approximately 2.7 gigawatts (GW). According to statements from O-Green, the project will provide a firm supply capacity of nearly 770 megawatts (MW). As one of the largest hybrid continuous energy developments globally, it serves as a strategic platform for energy-intensive industries. For healthcare industry executives and leaders in technology, this development is particularly relevant as it provides the high-capacity, reliable power necessary for data centers, advanced computing, and the production of green fuels.

By utilizing battery energy storage systems, the project addresses the intermittent nature of traditional renewables, offering a 24/7 sustainable power supply. This reliability is critical for maintaining the operational integrity of advanced industries and large-scale computing facilities that underpin modern healthcare data management and research infrastructure.

O-Green, the entity responsible for the project, is a national renewable energy platform formed through a strategic partnership between OQ Alternative Energy a subsidiary of OQ and the state-owned Naqaa Sustainable Energy. This power purchase agreement solidifies O-Greenโ€™s role in localizing renewable energy technologies and fostering related industrial growth within the Sultanate.

The project contributes to O-Greenโ€™s extensive international footprint, which includes a portfolio exceeding 11 GW of solar and wind generation projects across 12 countries. To date, the company has successfully secured more than 3.3 GW of generation capacity and 2.4 gigawatt-hours of storage capacity within Oman and Botswana. The current Oman renewable energy project further strengthens the Oman energy infrastructure by combining diverse generation sources with advanced storage solutions to meet the evolving demands of the national grid.

The scope of this renewable energy project encompasses not only the physical development of wind and solar assets but also the long-term integration of storage technologies. This comprehensive approach ensures that the power purchase agreement signed with Nama PWP will support the Sultanate’s broader goals of industrial diversification and energy security through a reliable and sustainable power supply.

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