Marubeni consortium bags 100MW solar project from Oman’s oil major

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email
Credit: PDO Twitter

A consortium led by Japanese conglomerate Marubeni Corporation has been awarded a 100MW solar PV project in southern Oman by state-owned oil and gas major Petroleum Development Oman (PDO) in a competitive bidding process.

With PDO as its sole offtaker, the project in Amin is said to be the world's first utility-scale PV project to have an oil and gas company as the sole wholesale buyer of power.

The other members of the Japanese-Omani winning consortium included Oman Gas Company, Bahwan Renewable Energy Company and Modern Channels Services.

The PV project, which has a 23-year power purchase agreement (PPA), will supply power for PDO’s Interior operations. PDO accounts for about 70% of the country's crude-oil production and nearly all of its natural-gas supply. Shell (34%) Total (4%) and Partex (2%) all have stakes in the company.

The awarded contract is for the design, procurement, construction, commissioning, financing and operation and maintenance (O&M) of the solar project. More information is due on the 7 November during the awarding ceremony, said a PDO release.

PDO managing director Raoul Restucci said: “We look forward to working with the Marubeni Corporation and consortium partners to build our first IPP renewable energy project and as another building block in support of Oman's outstanding potential in renewable energy.”

The oil firm has already forayed into solar energy with the 1,021MW Miraah thermal solar plant in Amal, which it is developing with GlassPoint Solar to produce steam for thermal enhanced oil recovery. It is also installing thousands of solar panels in car parks at its Mina Al Fahal headquarters to power offices and feed into the national grid during non-working hours.

PDI issued an EOI for the 100MW project back in January.

Meanwhile, the Oman Power and Water Procurement Company (OPWP) has also carried out a tender for a 500MW PV project in Ibri, 300km west of the capital Muscat, for which it has shortlisted 12 applicants.

Earlier this month, OPWP also revealed plans to tender for a second utility-scale solar project to be connected to the Main Interconnected System in Oman, with a capacity between 500MW to 1GW, known as Solar 2022 IPP. OPWP has sought proposals from interested bidders to provide technical consultancy services for the development of the project and to offer advice on the competitive tendering of the project. 

Read Next

July 19, 2021
Investors are turning away from fossil fuels and shifting into renewables because of falling costs and climate targets, with US banks lagging behind their European and Asian counterparts
May 27, 2021
Oil and gas company Lukoil has commissioned a 20MW PV plant that features heterojunction (HJT) modules from Hevel and has been constructed at a refinery in Russia’s southern Volgograd region.
May 19, 2021
An international consortium has unveiled plans for a hydrogen complex in Oman that will feature 25GW of solar and wind capacity and produce millions of tonnes of green fuels per year.
May 13, 2021
Spanish oil major Repsol has made its first foray into the US renewables market with the acquisition of a 40% stake in solar and energy storage project developer Hecate Energy.
March 24, 2021
Abu Dhabi National Energy Company (TAQA) has announced plans to ramp up its solar PV portfolio through a new strategic plan that will see the power producer aim to reduce its exposure to oil and gas.
February 11, 2021
Oil and gas major Shell has said it will spend between US$2 billion and US$3 billion on renewables and energy solutions annually to help it attain net zero status by 2050.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
August 19, 2021
At 9am (PT) | 6pm (CEST)
Solar Media Events
August 25, 2021
Solar Media Events
October 6, 2021
Solar Media Events
October 19, 2021
BRISTOL, UK