OQ prepares more solar plants in Oman
- Oman's state-owned energy investment company OQ is preparing to make a final financial investment decision (FID) on a solar project with an estimated capacity of 100 MWdc in the north Liwa province by 2023.
The firm has currently gotten official expressions of rate of interest from different potential partners to purchase the Liwa Solar project, it claimed in its Sustainability Report for 2021 released on Sunday.
A team of potential co-developers has been already shortlisted and also the option process must be completed this year, the report says.
In addition to the Liwa Solar project, OQ is working on the prep work for a solar park at the Block 60 concession in main Oman. The project development working as a consultant works for the Bisat Solar Power Plant at the gas area are anticipated to be granted and also launched in 2022, OQ said.
Muscat-based OQ is associated with collaborations that aim to create 4 renewable resource facilities to produce green hydrogen and green ammonia, with a total capacity of 30 GW of solar and also wind energy.
Last week, Petroleum Development Oman (PDO) said it was thinking about building a 100-MW solar plant with an energy storage facility in the north of the sultanate. It has actually additionally prepared prepare for its first wind farm.
