Marubeni consortium signs PPA for 105MW solar project in Oman

Facebook
Twitter
LinkedIn
Reddit
Email

A consortium led by Japanese firm Marubeni Corporation has signed a 23-year power purchase agreement with Petroleum Development Oman (PDO) for the 105MW Amin Solar PV IPP Project.

The consortium also included Oman Oil Facilities Development Company (OOFDC), Bahwan Renewable Energy Company, and Modern Channel Services (MCS). The special purpose company is shared in the following equities: Marubeni 50.1%; OOFDC 30%; Bahwan 10%; and MCS 9.9%. Financing is still being arranged at present.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

This project, awarded to the Marubeni consortium last October, is said to be the first large-scale PV plant in Oman.

Marubeni has also had the 2GW Sur Gas Fired Combined Cycle IPP Project operational in Oman since 2014.

Oman Power and Water Procurement Company (OPWP) also revealed in November the three players who have submitted bids for its 500MW solar tender.

Read Next

June 24, 2025
Independent power producer (IPP) Enery Development has formed a 50-50 joint venture (JV) with Romanian oil and gas producer OMV Petrom to build a 400MW solar PV plant in Bulgaria.
June 23, 2025
The volume of power purchase agreements signed in May has registered a low of 280MW, according to Swiss consultancy Pexapark.
June 20, 2025
Akuo has signed a 15-year power purchase agreement (PPA) with Imerys to develop a solar power plant in Texas.
June 16, 2025
Amazon plans to invest AU$20 billion to expand Australia’s data centre infrastructure, with utility-scale solar PV plants set to power these.
Premium
June 13, 2025
The European PPA space could see more tailored PPAs and hybrid deals, according to experts at the Renewables Procurement & Revenue summit.
June 3, 2025
GameChange Solar has announced plans to double the capacity of its Saudi Arabia tracker component manufacturing facility to 6GW.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
June 30, 2025
10am PST / 6pm BST
Solar Media Events
July 1, 2025
London, UK
Solar Media Events
July 1, 2025
London, UK
Media Partners, Solar Media Events
July 2, 2025
Bangkok, Thailand
Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico