Renewables Projects in Oman Near Completion

Why It Matters

The projects accelerate Oman’s renewable‑energy targets, diversify its power mix, and showcase successful public‑private partnerships that can be replicated across the GCC.

Key Takeaways

• 330 MW renewable capacity ready by year‑end
• $230 million investment, 51% OQAE ownership
• 30% in‑country value engages local suppliers
• TotalEnergies holds 49% stake, partners with PDO
• 36 wind turbines installed, 95% solar modules complete

Pulse Analysis

Oman’s ambition to diversify its energy portfolio is gaining tangible momentum as OQAE moves three major renewable projects toward commercial operation. The Riyah 1 and Riyah 2 wind farms, sited in the Amin and West Nimr fields, together with the North Solar plant in northern Oman, will collectively add 330 MW of clean capacity. This scale of development, backed by a $230 million investment and a 51/49 ownership split between OQAE and TotalEnergies, signals confidence from both domestic and international investors in the kingdom’s regulatory environment and long‑term power‑purchase agreements with Petroleum Development Oman.

Beyond the megawatt figures, the projects deliver measurable economic benefits. Approximately 30% of the total project value has been sourced locally, engaging Omani firms such as Voltamp, Oman Cables, Al‑Kiyumi Switchgear and Al‑Hassan Switchgear. The involvement of Worley Oman in substation design and Khimji Ramdas in logistics further embeds expertise within the national supply chain. This local content strategy not only creates jobs but also builds a foundation for future renewable‑energy ventures, reducing reliance on imported services and fostering a skilled workforce.

Regionally, the near‑completion of these assets positions Oman as a renewable‑energy leader in the Gulf Cooperation Council. As neighboring states accelerate solar and wind rollouts to meet net‑zero commitments, Oman’s projects provide a blueprint for leveraging strategic partnerships—combining state‑backed entities with multinational operators—to de‑risk financing and expedite delivery. The successful integration of these plants into PDO’s generation mix will likely encourage additional PPAs, stimulate further private‑sector participation, and reinforce the GCC’s broader transition toward a low‑carbon economy.