Latest news with #OQAlternativeEnergy
Observer
25-05-2025
- Business
- Observer
Duqm to anchor OQ's e-fuels push
MUSCAT: OQ Alternative Energy (OQAE), the renewables subsidiary of Oman's integrated energy group OQ, is progressing with plans to establish an e-fuels hub in the Special Economic Zone at Duqm (SEZAD), marking a significant step in Oman's energy transition strategy. The e-fuels hub, detailed in the OQ Sustainability Report 2024, will pilot the production of synthetic fuels — namely e-Methanol, e-Gasoline, Sustainable Aviation Fuel (e-SAF) and e-NG (synthetic natural gas). These fuels are expected to be produced using green hydrogen combined with biogenic carbon dioxide, offering a scalable pathway to decarbonise the transportation and industrial sectors. The initiative forms part of OQ's broader mandate to support OmanVision 2040 and the Net-Zero 2050 Strategy by advancing clean energy infrastructure and positioning Duqm as a global green energy hub. The report highlights Duqm's growing role in the green hydrogen value chain. In addition to the e-fuels pilot, OQ is developing a 10–15 megawatt green hydrogen demonstration plant in SEZAD. The facility is expected to provide hands-on operational experience while supporting future commercial-scale projects. OQ's energy portfolio in Duqm already includes several flagship ventures, including HYPORT Duqm — a 1.3 GW renewable energy joint venture with DEME and BP — and the Green Energy Oman (GEO) project, a collaboration with Shell, InterContinental Energy and Enertech. 'These pilot projects aim to demonstrate the technical viability of synthetic fuel production while unlocking downstream demand for green hydrogen in shipping, aviation and industrial use,' the report stated. OQ is also exploring opportunities to position Oman as a global bunkering destination for low-carbon fuels and is developing downstream applications to boost market demand. The company is piloting new vectors such as methanation and carbon utilisation technologies that convert green hydrogen and capture CO₂ into cleaner fuels. The proposed e-fuels hub is expected to play a strategic role in building Oman's green hydrogen export capabilities, offering direct access to international markets via Duqm Port.
Zawya
20-05-2025
- Business
- Zawya
Oman: ‘Climate-adapted' turbines for PDO wind farms
MUSCAT: Chinese multinational wind turbine manufacturer Goldwind is set to make its debut in Oman's sizable wind energy space with a contract to supply wind turbines for a pair of wind farms with a combined capacity of 234 MW. The partnership of Omani state-owned OQ Alternative Energy (OQAE) [with a 51 per cent shareholding] and French integrated multi-energy group TotalEnergies (49 per cent) is developing the two wind farms in the southern part of the Block 6 concession of Petroleum Development Oman (PDO), currently the largest producer of hydrocarbons in Oman. Output from the two wind farms, dubbed Riyah-1 and Riyah-2, will be supplied to PDO under long-term power purchase agreements. Agreements green-lighting the start of work on these wind farms, among other initiatives, were signed last week. PowerChina Huadong Engineering (PowerChina) was named the Engineering, Procurement and Construction (EPC) contractor. For Beijing-headquartered Goldwind, which was ranked the largest supplier of wind turbines to the global market in 2024, the Oman contracts represent a further expansion into the lucrative Middle East market. 'We are honoured to announce that Goldwind, as the wind turbine supplier for the 234 MW Riyah 1&2 wind projects, is partnering with OQ Alternative Energy (OQAE) and TotalEnergies to deliver Oman's largest wind power initiative—marking a historic step in the nation's decarbonization journey. It also represents Goldwind's entry into its global market, reinforcing our commitment to worldwide sustainable energy solutions,' the Chinese firm stated in a post. According to Goldwind, the two wind farms will be equipped with the company's 'climate-adapted turbines' designed to displace 740,000 tonnes of CO₂ annually, which is equivalent to removing 160,000 cars from roads. 'These projects will supply green electricity to the Petroleum Development Oman (PDO) electricity transmission network through long- term power purchase agreements. This represents a pioneering model of integrating renewable energy into the traditional fossil fuel sector, demonstrating Oman's strong commitment to decarbonizing its oil and gas sector,' it noted. Ranked among the Top 5 wind turbine manufacturers in China, Goldwind is credited with delivering more than 53,000 wind turbines worldwide as of the end of Q3 2024, boasting a global cumulative installed capacity exceeding 128GW. According to the Global Wind Energy Council's (GWEC) annual Supply Side Data report, Goldwind remained the world's leading turbine supplier, installing more than 20 GW in 2024 – a new record. As of the end of Q1 2025, the company's total order backlog was 51.09GW, which includes 48.6 GW of external orders. Oman, with a requirement of hundreds of wind turbines to meet its target of securing at least 30 per cent of its energy needs from renewables, represents a key market for manufacturers like Goldwind. Additionally, an estimated 2,000 wind turbines will also be required to support Oman's green hydrogen productions targets by 2030.
Observer
19-05-2025
- Business
- Observer
‘Climate-adapted' turbines for PDO wind farms
MUSCAT, MAY 19 Chinese multinational wind turbine manufacturer Goldwind is set to make its debut in Oman's sizable wind energy space with a contract to supply wind turbines for a pair of wind farms with a combined capacity of 234 MW. The partnership of Omani state-owned OQ Alternative Energy (OQAE) [with a 51 per cent shareholding] and French integrated multi-energy group TotalEnergies (49 per cent) is developing the two wind farms in the southern part of the Block 6 concession of Petroleum Development Oman (PDO), currently the largest producer of hydrocarbons in Oman. Output from the two wind farms, dubbed Riyah-1 and Riyah-2, will be supplied to PDO under long-term power purchase agreements. Agreements green-lighting the start of work on these wind farms, among other initiatives, were signed last week. PowerChina Huadong Engineering (PowerChina) was named the Engineering, Procurement and Construction (EPC) contractor. For Beijing-headquartered Goldwind, which was ranked the largest supplier of wind turbines to the global market in 2024, the Oman contracts represent a further expansion into the lucrative Middle East market. 'We are honoured to announce that Goldwind, as the wind turbine supplier for the 234 MW Riyah 1&2 wind projects, is partnering with OQ Alternative Energy (OQAE) and TotalEnergies to deliver Oman's largest wind power initiative—marking a historic step in the nation's decarbonization journey. It also represents Goldwind's entry into its global market, reinforcing our commitment to worldwide sustainable energy solutions,' the Chinese firm stated in a post. According to Goldwind, the two wind farms will be equipped with the company's 'climate-adapted turbines' designed to displace 740,000 tonnes of CO₂ annually, which is equivalent to removing 160,000 cars from roads. 'These projects will supply green electricity to the Petroleum Development Oman (PDO) electricity transmission network through long- term power purchase agreements. This represents a pioneering model of integrating renewable energy into the traditional fossil fuel sector, demonstrating Oman's strong commitment to decarbonizing its oil and gas sector,' it noted. Ranked among the Top 5 wind turbine manufacturers in China, Goldwind is credited with delivering more than 53,000 wind turbines worldwide as of the end of Q3 2024, boasting a global cumulative installed capacity exceeding 128GW. According to the Global Wind Energy Council's (GWEC) annual Supply Side Data report, Goldwind remained the world's leading turbine supplier, installing more than 20 GW in 2024 – a new record. As of the end of Q1 2025, the company's total order backlog was 51.09GW, which includes 48.6 GW of external orders. Oman, with a requirement of hundreds of wind turbines to meet its target of securing at least 30 per cent of its energy needs from renewables, represents a key market for manufacturers like Goldwind. Additionally, an estimated 2,000 wind turbines will also be required to support Oman's green hydrogen productions targets by 2030.
Muscat Daily
18-05-2025
- Business
- Muscat Daily
Jindal Renewables and OQAE sign JDA to advance integrated renewable power projects
Muscat – In a landmark move to accelerate Oman's transition to clean energy, Jindal Renewables, part of the $25 billion India-based Jindal Group, and OQ Alternative Energy (OQAE), the Sultanate's designated national champion for renewable energy, have signed a Joint Development Agreement (JDA) to collaborate on the development, ownership, and operation of large-scale renewable energy assets in the country. The agreement was formally signed by Harssha Shetty, CEO of Jindal Oman, and Najla Zuhair al Jamali, CEO of OQ Alternative Energy, at a ceremony held in Muscat during Oman Sustainability Week. This strategic partnership marks a significant milestone in supporting the goals of Oman Vision 2040, the national roadmap for economic diversification, sustainability, and green industrialisation. Both companies expressed their deep gratitude to His Majesty Sultan Haitham bin Tarik for his visionary leadership in guiding Oman's transition toward a knowledge-based, low-carbon economy. The partnership reaffirms their commitment to contributing meaningfully to His Majesty's vision of a more sustainable and prosperous Oman. Under the JDA, both companies will co-develop Integrated Energy Valleys (IEVs) — a flagship configuration pioneered by Jindal Renewables — to deliver 24×7 firm, dispatchable renewable power by combining solar, wind, and advanced energy storage technologies. As part of its future roadmap, Jindal Renewables plans to develop the first Integrated Energy Valley (IEV) in Oman to deliver renewable power to a 5 MTPA green steel plant proposed by Jindal Steel Duqm, a sister concern of Jindal Renewables. Additionally, a separate IEV is planned to supply 300 MW of continuous clean power to the operational 2.4 MTPA Jindal steel plant in Sohar, enabling the decarbonisation of Jindal's existing industrial footprint in the Sultanate. Harssha Shetty, CEO of Jindal Oman, said, 'This agreement is a powerful endorsement of our shared commitment to decarbonising heavy industries and creating scalable, resilient clean energy ecosystems. Together with OQAE, we aim to make Oman a leading player in the global green energy value chain.' Najla Zuhair al Jamali, Chief Executive, OQ Alternative Energy, commented, 'This agreement underscores OQAE's commitment to accelerating investable, utility-scale renewable energy projects that align with Oman's long-term decarbonisation agenda. By enabling clean power for strategic industries, we are not only supporting economic diversification under Vision 2040, but also creating tangible opportunities for sustainable investment and value creation in the region's energy transition.' Jindal Renewables is committed to fostering diversity, inclusivity, and in-country value, and brings deep capabilities in project development, finance, execution, and asset management to the partnership.
Muscat Daily
17-05-2025
- Business
- Muscat Daily
Jindal Renewables, OQAE sign deal for large-scale renewable projects in Oman
Muscat – Jindal Renewables, part of the $25bn India-based Jindal Group, and OQ Alternative Energy (OQAE), the sultanate's designated national champion for renewable energy, have signed a Joint Development Agreement (JDA) to collaborate on the development, ownership, and operation of large-scale renewable energy assets in Oman. The agreement was formally signed by Harssha Shetty, CEO of Jindal Oman, and Najla Zuhair al Jamali, CEO of OQ Alternative Energy, at a ceremony held in Muscat during Oman Sustainability Week. This strategic partnership marks a significant milestone in supporting the goals of Oman Vision 2040, the national roadmap for economic diversification, sustainability, and green industrialisation. In a press statement, both companies expressed their deep gratitude to His Majesty Sultan Haitham bin Tarik for his visionary leadership in guiding Oman's transition toward a knowledge-based, low-carbon economy. The partnership reaffirms their commitment to contributing meaningfully to His Majesty's vision of a more sustainable and prosperous Oman. Under the JDA, both companies will co-develop Integrated Energy Valleys (IEVs) – a flagship configuration pioneered by Jindal Renewables – to deliver 24×7 firm, dispatchable renewable power by combining solar, wind, and advanced energy storage technologies. As part of its future roadmap, Jindal Renewables plans to develop the first Integrated Energy Valley (IEV) in Oman to deliver renewable power to a 5 MTPA green steel plant proposed by Jindal Steel Duqm, a sister concern of Jindal Renewables. Additionally, a separate IEV is planned to supply 300 MW of continuous clean power to the operational 2.4 MTPA Jindal Steel plant in Sohar, enabling the decarbonisation of Jindal's existing industrial footprint in the dultanate. Harssha Shetty said, 'This agreement is a powerful endorsement of our shared commitment to decarbonising heavy industries and creating scalable, resilient clean energy ecosystems. Together with OQAE, we aim to make Oman a leading player in the global green energy value chain.' Najla Zuhair al Jamali said, 'This agreement underscores OQAE's commitment to accelerating investable, utility-scale renewable energy projects that align with Oman's long-term decarbonisation agenda. By enabling clean power for strategic industries, we are not only supporting economic diversification under Vision 2040, but also creating tangible opportunities for sustainable investment and value creation in the region's energy transition.' Formerly known as Vulcan Green Energy, Jindal Renewables is the clean energy arm of the Jindal Steel. It is focused on developing utility-scale renewable energy projects to power green manufacturing and support industrial decarbonisation, with special emphasis on energy storage and integrated solutions like the IEV.
