Muscat: Demonstrating a strong commitment to Oman's clean energy transition and local value creation, OQ Alternative Energy (OQAE) has signed an agreement with Naqaa Sustainable Energy LLC to jointly develop a portfolio of wind power projects in the Wilayats of Duqm, Mahout, and Sadah, located in the Dhofar and Al Wusta governorates, with a total capacity of 1,100 MW.
The projects will use locally built wind turbines from Mawarid Turbine, which is expected to be installed in Duqm after a cooperation memorandum was previously signed between OQ and Mawarid Turbine.
This collaboration is consistent with OQ Group's larger objective of building a fully integrated renewable energy value chain, supporting local industries by localising skills, and encouraging innovation by empowering Omani firms in the green energy sector, while also optimizing incountry value.
The signing event was overseen by Eng. Salim Nasser Al Aufi, the Minister of Energy and Minerals.
The agreement was signed by Eng. Said Mohammed Al Masoudi, Chairman of OQ Alternative Energy, and Mustafa Mohammed Al Hinai, CEO of Naqaa Sustainable Energy.
On the occasion, Eng. Said Al Masoudi stated: "This arrangement is a concrete demonstration of the government's intention to diversify renewable energy sources and promote sustainable development across Oman. " It emphasizes OQ's critical role as a national investment platform for clean energy solutions, improving the electricity grid and meeting future demands through its subsidiary OQ Alternative Energy.
"We're thrilled to collaborate with OQAE to develop wind power projects, leveraging Oman's immense wind potential and fostering local innovation. " Together, we are promoting local innovation and enabling the power industry to better adapt to increasing demand, establishing a robust and sustainable energy future for future generations," said Naqaa Sustainable Energy CEO Mustafa Al Hinai.
