Post by MasaarX

EDF power solutions and the Sultanate of Oman strengthen strategic energy cooperation. Through Landmark Renewable Energy and Energy Storage Agreements Signed in presence of Omani and French Dignitaries. A framework agreement was signed between a consortium led by EDF power solutions, ONEIC, Takhzeen Oman, GUE and the Government of Oman, represented by Oman’s Authority for Public Services Regulation to develop the 2,000-megawatts (MW) Jabal Abyad Pumped Hydro Energy Storage (PHES) Project that would become the largest hydro plant in the Middle East, providing long-term energy storage to strengthen Oman’s power system. A Power Purchase Agreement (PPA) was signed by a consortium led by EDF power solutions, in partnership with ONEIC and OQ Alternative Energy (OQAE) to finance, build and operate the 500 MW Al Kamil Solar PV Independent Power Project (IPP) alongside Oman Power and Water Procurement Company. A Memorandum of Understanding (MoU) was signed between the Government of the Sultanate of Oman, EDF power solutions and Synergy Investments, positioning the Sultanate of Oman as a regional hub for artificial intelligence, advanced computing and cloud services in support of Oman Vision 2040 and the Sultanate's economic diversification objectives. The agreements mark a significant milestone in the strengthening of economic growth and energy cooperation between Oman and France, while supporting Oman’s ambitious energy transition agenda, and long-term sustainable development objectives. The 2,000 MW Jabal Abyad PHES Project, to be developed in partnership with EDF power solutions, Oman National Engineering and Investment Co (ONEIC), TAKHZEEN Oman and Green Universe Enterprise (GUE) alongside Oman’s Authority for Public Services Regulation (APSR), would be the largest pumped hydro energy storage project in the Middle East. Located in the vicinity of the Wadi Dayqah Dam, the project will provide long term energy storage capacity, playing a critical role in enhancing grid stability and enabling higher penetration of renewable energy sources across Oman. #MasaarX #RenewableEnergyOman #SolarPowerOman #CleanEnergyME #SolarEnergy #EnergyStorageOman #BatteryStorage #BESS #GridStability #EnergyTransition #GreenHydrogenOman #HydrogenEconomy #NetZero2050Oman #OmanVision2040