Energy Oman eyes completion of new solar project in 2026 By Pramod Kumar October 30, 2022 Unsplash The company has invited qualified consultants to bid for its contract to provide technical services State-owned utility major Oman Power and Water Procurement Company (OPWP) has commenced the procurement process for the second large-scale solar photovoltaic (PV) project at Ibri, Oman Daily Observer reported. The new 500 MW Ibri III is an independent power project (IPP), similar to Ibri II solar IPP launched in January 2022. The entity has invited qualified consultants to bid for its contract to provide technical services for the new project development. The targeted scheduled commercial operation date is the fourth quarter of 2026. OPWP, a member of Nama Group, is currently evaluating bids for its proposed 1.2GW solar PV scheme in Al Dakhiliyah Governorate. Three international developers are in the race for the project, which will be implemented as two distinct projects, each of 500–600MW side by side. Final submissions were received on October 3, 2022, after multiple extensions of the submission date, the news report said. Oman’s national energy strategy plans a 20 percent share from renewables in total electricity generation capacity by 2030, reaching 39 percent by 2040.