Latest news with #UnitedSolar
Yahoo
16-05-2025
- Business
- Yahoo
United Solar Polysilicon Announces Strategic Partnership with OQ Alternative Energy to Develop 700MW Photovoltaic Power Station
MUSCAT, Oman, May 16, 2025 /PRNewswire/ -- United Solar Polysilicon ("United Solar" or the "Company"), a leading global provider of high-quality polysilicon solutions, is pleased to announce a strategic partnership with OQ Alternative Energy, a prominent renewable energy developer in the Middle East. Together, the two companies will jointly develop a landmark 700-megawatt (MW) photovoltaic (PV) power station, marking a significant milestone in the region's transition to sustainable energy. This joint development agreement underscores the shared commitment of both companies to advancing sustainable energy solutions and diversifying energy mix in Oman and the broader Middle East. Once operational, the 700MW PV project will contribute substantially to Oman's national renewable energy goals, supporting the country's vision for a more sustainable and resilient energy future. "This partnership embodies our shared vision to harness the region's abundant solar resources and accelerate the transition to clean, renewable energy," said Longgen Zhang, Founder and Chairman of United Solar. "We are excited to partner with OQ Alternative Energy on a project that not only supports Oman's energy goals but also demonstrates the transformative power of sustainable energy generation across the Middle East." "Collaborating with United Solar Polysilicon allows us to leverage our combined expertise in renewable energy development," stated Najla Al Jamali, CEO of OQ Alternative Energy. "This project will contribute significantly to Oman's clean energy landscape and set a benchmark for future initiatives in the region." Together, United Solar Polysilicon and OQ Alternative Energy are powering a cleaner, greener future for Oman and the wider region. About United Solar Polysilicon: United Solar Polysilicon is a global leader in the production of high-purity polysilicon for the solar industry. With a focus on innovation, quality, and sustainability, the company supplies essential materials for solar module manufacturing worldwide. About OQ Alternative Energy: OQ Alternative Energy is a regional pioneer in renewable energy development, committed to delivering innovative and sustainable energy solutions across the Middle East. The company focuses on solar, wind, and other clean energy projects to support economic diversification and environmental stewardship. For media inquiries, please contact: Jessi ZhangSecretary of the BoardUnited Solar Polysilicon Email: +968 9116 1968 View original content: SOURCE United Solar Holding Inc. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Zawya
14-05-2025
- Business
- Zawya
Oman's OQAE plans green hydrogen pilot in Duqm
MUSCAT: OQ Alternative Energy (OQAE), a subsidiary of OQ Group, is developing a pilot-scale green hydrogen project designed to equip the company with practical experience essential to fulfilling its role as Oman's National Champion for Alternative Energy. The state-owned entity said the pilot, featuring an electrolyser capacity of 10 – 15 MW, is proposed to be established in the Special Economic Zone at Duqm (SEZAD). 'This initiative will provide hands-on experience in executing and operating green hydrogen projects, testing real-world applications, and generating insights for future large-scale hydrogen developments,' OQAE revealed in the newly published 2024 Sustainability Report of parent holding company OQ Group. The announcement comes as OQAE presses ahead with the delivery of a substantive pipeline of green hydrogen projects, renewable solar and wind energy schemes, and a plethora of other clean energy initiatives entailing several billions of dollars in investments over the coming years. On Monday, May 12, 2025, the company signed pacts to progress, finance and collaborate on an array of renewable and clean energy initiatives involving investments totalling around $2 billion. The list includes the 100 MW North Solar plant in Saih Nihaydah in northern Oman, and two 100 MW wind farms—Riyah-1 and Riyah-2—located in the Amin and West Nimr fields in the south; a 700 MW renewable energy project to power United Solar's polysilicon plant in Suhar, a 500 MW renewables scheme for Jindal; a 140MW renewable energy project with Oxy Zero in Block 9, and a 105 MW renewable energy project with Vale. They are part of a renewable energy pipeline of up to 7 GW across Oman. Furthermore, OQAE has secured a commitment from Nama Power and Water Procurement Company (Nama PWP), the sole procurer and offtaker of electricity generation and desalinated water capacity, to obtain up to a 25 per cent stake in future Independent Power Projects (IPPs). 'This has significantly expanded OQAE's customer base, which now includes oil and gas operators, industrial clients, and direct power demand through NPWP projects,' parent company OQ Group noted in its Sustainability Report. Importantly, OQAE is positioned to play a leading role in the delivery of Oman's long-term green hydrogen strategy. The company continues to work with key stakeholders in advancing three large-scale green hydrogen schemes, which will account for a significant share of the country's target to produce at least 1 million tonnes per annum of green hydrogen molecules by 2030. Key projects backed by OQAE thus far are: HYPORT Duqm, a joint venture with DEME & BP featuring 1.3 GW of renewable capacity in SEZAD; Green Energy Oman (GEO), a collaboration with InterContinental Energy, Enertech Holding Company, and Shell to supply approximately 4 GW of green power, with proposed downstream and export facilities in the SEZ at Duqm; and SalalaH2, a joint venture with Marubeni, Samsung C&T, and Dutco, bringing 3.8 GW of renewable energy capacity to Dhofar. 'Beyond production, OQAE is also diversifying market opportunities by exploring alternative vectors and downstream applications to drive demand. This includes positioning Oman as a global hub for low-carbon bunkering, piloting e-fuel projects such as e-Gasoline and e-SAF, leveraging biogenic CO2 for e-Methanol, and developing an e-NG facility utilising green hydrogen and CO2 through methanation,' the company added in the report. 2022 © All right reserved for Oman Establishment for Press, Publication and Advertising (OEPPA) Provided by SyndiGate Media Inc. (
Observer
03-05-2025
- Business
- Observer
Oman emerges as regional hub for renewable energy equipment manufacturing
MUSCAT: Oman is making strategic strides in positioning itself as a regional hub for renewable energy equipment manufacturing, aligning with the goals of Oman Vision 2040 to build a diversified, technology-driven, and sustainable economy. Dr Saleh bin Saeed Masan, Under-Secretary of the Ministry of Commerce, Industry and Investment Promotion for Commerce and Industry, highlighted the importance of industries such as solar panels, wind turbines, energy storage systems, and green hydrogen electrolyzers in the Sultanate of Oman's 2040 Industrial Strategy. These sectors are seen as essential to Oman's transformation toward innovation-led and low-carbon industrial development. He noted that the government is implementing specific initiatives to establish integrated industrial complexes for renewable energy, backed by dedicated programs and strong inter-agency cooperation. Among the key developments is a renewable energy industrial complex being set up in the Sohar Free Zone, with support from the ministry and other stakeholders. This initiative is already attracting high-value precision industries. Engineer Khalid bin Salim al Qasabi, Director General of Industry at the ministry, said this transformation strengthens Oman's global standing in renewable energy manufacturing. He revealed that the Sohar Free Zone has attracted three major solar energy projects worth over one billion Omani rials. One of the landmark projects is being developed by United Solar, which is building the Middle East's first polysilicon production facility. The factory, with an investment of approximately $1.35 billion, was 80% complete as of April. Polysilicon is the key raw material used in solar cell manufacturing, and the plant will have an annual output capacity of 100,000 metric tons, significantly reducing the need for imported raw materials and enhancing value-added manufacturing. In November 2024, Chinese firm Jitai Solar signed an agreement to lease land in Sohar Free Zone for a high-tech solar panel factory with a capacity of 5 gigawatts per year. The panels will primarily serve markets in the Gulf and Africa. JA Solar, a global leader in solar cell manufacturing, also announced plans to establish a facility in Sohar with a production capacity exceeding 40 gigawatts annually. The RO 217 million (US$564 million) investment will benefit from Sohar's robust infrastructure and the strategic location of the Port of Sohar, offering direct access to Europe, Asia, the GCC, and Africa. Engineer Jassim bin Saif al Jadidi, Technical Director at the Ministry, described these developments as a qualitative leap for Oman's industrial sector. He said the creation of a fully integrated solar energy manufacturing complex—from raw materials to finished panels—marks an unprecedented level of industrial integration in the region. This strategic clustering of renewable energy industries is expected to reduce production costs by up to 20%, stabilize supply chains amid global disruptions, and transform Oman into a reliable exporter of clean energy technologies. The projects will also boost the industrial sector's contribution to GDP and generate over 3,000 direct and indirect jobs. Additionally, they are set to attract complementary investments in related fields such as pure silicon, glass, transformers, and batteries, further strengthening Oman's green supply chain capabilities. With the completion of these projects, Oman is poised to become a regional center for green manufacturing and a global supplier of renewable energy technologies. — ONA
