Marubeni Corporation from Japan (lead founder) won the bidding process with Omani company Bahwan Renewable Energy Company and Modern Channels Services.
The consortium, according to the contract will design, procure, construct, commission, finance, operate and maintain the solar photovoltaic plant.
The plant will be located at Amin, South of the Gulf country 210 km northwest of Thumrait. The project belongs to Oman’s Petroleum Development Oman (PDO).
The consortium will run the plant under the terms of the power purchase agreement (PPP) for a period of 23 years. The power will be used to supply PDO’s interior needs.
The project will be the world’s first utility-scale solar plant that combines an oil and gas company.
“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,” said PDO managing director Raoul Restucci.