A consortium led by ACWA Power has started the operation of the 500 MW Ibri 2 solar independent power project in Oman in partnership with the Oman Power and Water Procurement Company (OPWP).
Located in Ad-Dhahirah Governorate, the PV plant was built with an OMR160 million (US$417 million) investment and developed on a build-own-operate basis. The project features almost 1.5 million bi-facial solar panels across an area of around 13 million square meters.
ACWA Power is the lead investor, holding a 50% stake in the project. Gulf Investment Corporation (GIC) holds a 40% stake in the project, with the remaining 10% owned by Alternative Energy Projects (AEPC). At peak capacity, the solar facility will generate enough clean energy to power 50,000 homes while displacing 340,000 tonnes of carbon emissions a year.
Country updates
-
-
October 15, 2021
ACME and KBR form partnership for Green Ammonia project in Duqm
ACME Group has announced a new partnership with KBR Technology for the development of the Hydrogen and Ammonia project in Oman. The project involves the construction of a hydrogen and green ammonia p...
Read more -
October 15, 2021
Madayn agrees to build 100 MW solar project in Suhar Industrial City
Oman's Public Establishment for Industrial Estates – Madayn, Mubadrah, and Solar Wadi have signed an agreement with the objective to construct a 100 MW Solar PV Farm in Suhar Industrial City. T...
Read more -
May 31, 2021
OPWP extends deadline for Manah I & II tender anew
Oman Power and Water Procurement Company (OPWP) has extended again the request for proposal (RFP) for the 1 GW Manah I and II solar photovoltaic project tender. The new deadline for the submiss...
Read more -
April 23, 2021
Acme Solar partners Tatweer Duqm for large-scale green hydrogen and ammonia project
Acme Solar Holdings Ltd. has signed a memorandum of understanding (MoU) with the Oman Company for the Development of the Special Economic Zone at Duqm (Tatweer) for the development of a US$2.5 bi...
Read more -
March 30, 2021
OPWP extends tender deadline for Manah Solar IPP
Oman Power and Water Procurement Company SAOC (OPWP) has extended the deadline for the submission of tender proposals for Manah I and Manah II solar photovoltaic projects until May 25, 2021. Ea...
Read more
