"A growth for purchase of energy and water" Expect an agreement with a coalition of companies that lead it "source" To develop a solar power station in Oman

Muscat on September 22/ WAM/ “A growth for purchase of energy and water” today signed an agreement with a coalition of companies led by Abu Dhabi Future Energy Company “Source” and includes “Green Partners” and “Korea Midland Power Ltd.” (Combo), and “Okio Alternative Energy”, the Omani pioneering company in the field of renewable energy, to develop the first solar power station at the facility level equipped with a batteries system To store energy in the Sultanate of Oman.

Masdar, the world leader in the field of clean energy, will lead the coalition developed for the “Hebrew Energy-third-stage”, which brings together a 500-megawatled solar solar power plant and a 100MW power storage battery system, and the project includes design, construction, ownership, operation, and maintenance, related to the station and the power storage system.

Under the auspices of His Excellency Eng. Salem bin Nasser Al -Awfi, Minister of Energy and Minerals, in the Sultanate of Oman, the energy purchase agreement was signed for the project within a ceremony held in Muscat in the presence of Ahmed bin Salem Al -Abri, CEO of “Namaa to buy energy and water”; And Muhammad Jamil Al -Ramahi, CEO of Masdar; Ghalib bin Saeed Al -Maamari, Acting CEO of Okio Alternative Energy Company; And Sheikh Hind Suhail Bahwan, Chairman of the Board of Directors of “Green Partners”; Young-Joe, CEO of Korea Midland Power Ltd.

On this occasion, His Excellency Eng. Salem bin Nasser Al -Awfi said: “We are pleased to celebrate the signing of the EBR project agreement (the third stage), which is a qualitative addition to the march of the Sultanate of Oman in the field of shift towards renewable energy. Identifying our commitment to achieving the targets of Oman Vision 2040 and reaching the zero neutrality by 2050. His Excellency added: “Investments estimated at about 115 million Omani riyals in this project reflect the confidence of partners and investors in the national investment environment, while the project contributes to reducing carbon dioxide emissions by approximately 505 thousand tons annually, in addition to raising the contribution of renewable energy by up to 4% of the total electricity production.”

Al -Awfi pointed out that the signing of this agreement represents a new achievement in the renewed energy process, in terms of its technical and economic dimensions, and it also holds an inspiring message that the Sultanate of Oman is steadfast steadily towards a sustainable future, based on diversifying energy sources, enhancing supplies security, supporting the competitiveness of the national economy, and consolidating its position as a pioneering regional center in the field of clean energy.

For his part, Ahmed bin Salem Al -Abri, CEO of Power and Water Development, said: “We are proud to grow to buy energy and water in cooperation with our partners in the local and international coalition in the Hebrew solar energy project (the third stage). This project is not limited to confirming the obligation of a growth to purchase energy and water to a transformation towards renewable energy, but it represents a practical model for the vision of the Sultanate of Oman in the concerted efforts between the public and private sectors To create a qualitative transformation in the field of renewable energy and storage systems, it represents part of the national efforts to achieve a sustainable economic and social future.

Mohamed Jamil Al-Ramahi, CEO of Masdar, said: “Masdar ‘is proud of the coalition that works to develop the” Hebrew-third-stage “solar energy station project, which will contribute to achieving the goals of Oman Vision 2040 aimed at diversifying energy and economics sources in the sisterly Sultanate And social, in addition to responding to the increasing demand for energy in the future. We look forward to strengthening our fruitful cooperation with our partners, led by “Namaa to buy energy and water” and the government of Oman, in order to develop this project and provide sustainable and reliable energy for the brotherly Omani people.

The “Hebrew Solar Energy-Third Station” project is a key component in the Sultanate of Oman’s strategy to diversify energy sources to meet the increasing demand for electricity, as Oman’s vision aims to generate 30% of electricity from renewable sources by 2030. Upon entering the operating stage, the project will provide electricity to about 33,000 homes, while reducing the emission of about 505,000 tons of carbon dioxide annually.

Engineer Abdullah bin Rashid Al -Sawafi, CEO of the Energy Transformation in a growth to buy energy and water, said: “A growth for purchase of energy and water is a national and regional pioneer in the application of the concept of partnership between the public and private sectors where the work strategies have been developed to ensure the provision of sufficient production capacity from electricity to confront the increasing demand for electricity in the Sultanate of Oman, and the company was able during the past 15 years to contract with 26 stations to produce electricity, desalination and water Foreign investments of no less than 11 billion US dollars and the company seeks during the next five years to bring in foreign investments up to 5 billion US dollars. 30 %of the energy produced to be from renewable sources. ”

For his part, Ghalib Al -Maamari, Acting CEO of Okio Alternative Energy Company, said: “Today’s signing of an agreement is a first step towards Okaya alternative energy commitment to support all renewable energy projects that Namaa will offer to purchase energy and water to supply the national network with electricity. The economic impact of the transformation process in the Omani energy sector.

For her part, Sheikha Hind Bahwan, Chairman of the Board of Directors of the Green Partners Company, said: “We are pleased to be part of this leading solar energy project and energy storage systems with batteries. The pioneer in achieving the transformation in the field of energy, and advancing the sustainable environmental and economic development process in a way that benefits the Sultanate of Oman and its citizens.

“We are proud to participate in developing the” Hebrew-third-stage “solar energy and energy storage project, which is one of the leading projects and embodies the commitment of the Sultanate of Oman to enhance dependence on renewable energy sources. Thanks to our extensive experience in the fields of traditional and renewable energy generation since 2001, we will harness our capabilities in development. And employment in the United States, Europe and Asia to ensure the success of this project, while providing the best technical knowledge and expertise and the application of the highest operating efficiency standards.

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