Wind Turbines Arrive for PDO’s Riyah 1 and Riyah 2 Projects: Implications for Renewable Energy Investment in Oman
MUSCAT: OQ Alternative Energy (OQAE), a subsidiary of OQ and the national leader in renewable energy initiatives, has announced the arrival of the first batch of wind turbines for the Riyah 1 and Riyah 2 wind farms. In collaboration with TotalEnergies, these two projects will feature a total of 36 turbines, capable of generating 200 MW of clean electricity from wind power.
The delivery of these turbines is a significant milestone in Oman’s transition to clean energy and aligns with the objectives of Oman Vision 2040 as well as the country’s commitment to achieving Net Zero by 2050. Once operational, these projects are projected to conserve millions of cubic meters of natural gas annually and reduce carbon emissions by about 740,000 tonnes each year.
This development underscores Oman’s progress in realizing its renewable energy ambitions and reinforces the nation’s dedication to creating a sustainable economy powered by clean energy.
Eng. Ghalib al Maamari, Acting Chief Executive Officer of OQ Alternative Energy, highlighted the significance of this achievement, stating, “The arrival of the turbines for Riyah 1 and Riyah 2 signifies a new chapter in Oman’s renewable energy journey. The Riyah Wind Projects illustrate OQ’s steadfast commitment to leveraging renewable resources on a large scale, leading the region’s energy transition. By partnering with TotalEnergies, we merge our local expertise with their global experience in renewable development, transforming Oman’s renewable potential into tangible progress.”
The projects are being developed under a long-term Power Purchase Agreement with Petroleum Development Oman (PDO), which will procure the electricity generated by these wind farms. They will play a crucial role in meeting the increasing industrial demand for renewable energy and in supporting Oman’s future green hydrogen initiatives.
Special Analysis by Omanet | Navigate Oman’s Market
The arrival of the first batch of wind turbines for the Riyah projects marks a transformative shift toward clean energy in Oman, opening avenues for investment in sustainable infrastructure. This not only positions Oman favorably under Vision 2040 and the Net Zero commitment, but also highlights a significant opportunity for businesses to leverage renewable energy to enhance operational efficiency and reduce costs. For smart investors and entrepreneurs, now is the time to consider partnerships in renewable ventures and explore innovations in green technologies to capitalize on Oman’s burgeoning energy market.
