Mazoon Electricity installs 40 small-scale solar PV plants in 2021
Mazoon Electricity Company, member of Nama Group, posted a profit of around RO 70 million in 2021, compared to RO 68.8 million in 2020. Total revenues from sales, subsidies and other earnings increased to RO 369.2 million, a growth rate of 5 per cent, compared to RO 350.1 million for the previous year.
Source: Oman Observer
Here’s How Much Energy Oman Generates from Renewables Every Year
With a collective focus to transform the energy sector by reducing reliance on hydrocarbon resources for power generation, Oman is taking strong strides in the solar and wind energy sectors as they aim to hit the 20 per cent dependency mark on renewables by 2030.
Source: OER Live
Oman to repurpose gas pipelines to transport hydrogen
With the Sultanate of Oman moving stridently towards a green hydrogenbased low carbon energy future, the owner and operator of the country’s massive gas pipeline system, OQ Gas Networks (OQGN), is gearing up to suitably upgrade the gas grid to transport hydrogen as well.
Source: Oman Observer
Subsidy to Oman’s power sector slides 7.5pc to RO 569m
Electricity supplies to predominantly residential customers in the Sultanate of Oman were subsidised to the tune of RO 568.64 million last year, according to Nama Group, the state-owned grouping of power, water and wastewater service providers.
Source: Oman Observer
US green energy tech firm Plug Power sets up Oman office
US hydrogen technology major Plug Power Inc has established a presence in the Sultanate of Oman with an eye on opportunities in the country’s nascent, yet hugely promising, green energy industry.
Source: Oman Observer
PDO plans new solar project with battery storage in North Oman
Petroleum Development Oman (PDO), the country’s biggest producer of Oil & Gas, plans to set up a new utility-scale solar-based power project along with a first ever battery storage system, in the northern part of its Block 6 concession in the Sultanate of Oman.
Source: Oman Observer
