Energy Omani solar plant secures $302m funding By Pramod Kumar December 10, 2023, 5:53 AM Pexels/Los Muertos Crew Manah-1 Solar IPP will provide clean energy to power an estimated 50,000 homes, while offsetting over 780,000 tonnes of CO2 per year A 500 megawatt (MW) solar project in Oman has secured $301.8 million in funding from a group of international financial institutions. The Manah-1 Solar IPP is being built in Manah, located in Oman’s Al Dakhiliyah governorate, Oman Daily Observer reported. Wadi Noor Solar Power Company is developing the project, which is a partnership between France’s EDF Renewables and Korea Western Power Co (KOWEPO), a wholly-owned subsidiary of Korea Electric Power Corporation. The report said Societe Generale, the Export-Import Bank of Korea, and Bank Muscat have provided the funding. Work started on Manah 1 Solar IPP in September, with nearly one million bifacial photovoltaic modules on a single-axis tracker system that will be installed on a 7.8 sq km site. At total capacity, the project will provide clean energy to power an estimated 50,000 homes, while offsetting over 780,000 tonnes of CO2 per year. The 500 MW Manah 2 Solar IPP is also under construction, the newspaper said. The project is being developed by Sembcorp Jinko Shine Company, a project company set up by Singapore-based Sembcorp Industries and China’s Jinko Power Technology. The two solar projects will be operational by 2025.
