Oman awards 500-MW solar project, unveils plans for other renewables

Sunset in Oman. Author: Julien André Eilert.

March 18 (Renewables Now) - Oman Power and Water Procurement Company (OPWP) on Sunday awarded a 500-MWp solar project to a Saudi-Kuwaiti consortium and unveiled plans for more renewable energy schemes that could add over 1 GW of further capacity.

A group comprised by ACWA Power and Kuwait’s Gulf Investment Corporation and Alternative Energy Projects Co has won the licence to build the 500-MWp Ibri II solar power project, which is expected to take up a total investment of about USD 400 million (EUR 352.5m).

The ACWA Power-led consortium beat two other groups for the Ibri II project, one headed by Abu Dhabi Future Energy Company PJSC, also known as Masdar, and one by Marubeni Corporation (TYO:8002).

Ibri II will be built at a 1,300-hectare (3,212 acres) site in Dhahirah governorate and is expected to become operational by June 2021.

At the same press conference, Yaqoob Saif al Kiyumi, the CEO of OPWP, also revealed plans for a new utility-scale solar project at Manah with a capacity of between 500 MW and 1,000 MW, to be realised by June 2022. The OPWP head stated, as quoted by local media, that a request for qualification (RfQ) tender will be launched around mid-2019, while a request for proposals (RfP) will be released by the end of the year.

Also, OPWP plans a 300-MW wind project that would cost some USD 1 billion. It will undertake a detailed wind resource assessment (WRA) across several locations to collect data for future wind projects and then initiate a qualification process for the so called Wind 2023 Project in the third quarter of 2020. The fourth quarter of 2023 is when the wind park should begin commercial operation.

Meanwhile, the company has concluded a feasibility study on a waste-to-energy independent power plant in South Batinah governorate in partnership with the Authority for Electricity Regulation (AER) and Oman Environmental Holding Services (Be'ah). The planned facility will have an annual waste treatment capacity of 1.4 million tonnes and a power generation capacity of between 125 MW and 160 MW. Interested developers will be able to participate in a RfQ process scheduled to start in the second quarter of 2019. The plant is seen to enter into service by the second quarter of 2023.

(USD 1.0 = EUR 0.881)

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Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

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