{"id":13046,"date":"2026-07-06T13:39:00","date_gmt":"2026-07-06T09:39:00","guid":{"rendered":"https:\/\/omanet.om\/news\/economy\/united-solar-1-6bn-funding-closed\/"},"modified":"2026-07-06T20:26:45","modified_gmt":"2026-07-06T16:26:45","slug":"united-solar-1-6bn-funding-closed","status":"publish","type":"post","link":"https:\/\/omanet.om\/fa\/news\/economy\/united-solar-1-6bn-funding-closed\/","title":{"rendered":"United Solar Secures $1.6 Billion Funding: What This Means for Renewable Energy Investment in Oman"},"content":{"rendered":"<style>\r\n@keyframes hitv3sog-fadein{from{opacity:0;transform:translateY(14px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitv3sog-slideup{from{opacity:0;transform:translateY(20px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitv3sog-pulse{0%,100%{box-shadow:0 0 14px #dc262688}50%{box-shadow:0 0 32px #dc2626,0 0 60px #dc262655}}\r\n@keyframes 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.15s}\r\n.hitv3sogbtn:hover{filter:brightness(1.15);transform:scale(1.04)}\r\n.hitv3sogbr{font-size:9px;color:rgba(255,255,255,.18);text-align:center;margin-top:5px;letter-spacing:.1em;text-transform:uppercase}\r\n\/* \u2500\u2500 Compact horizontal: 380\u2013599px (like 320\u00d7100) \u2500\u2500 *\/\r\n@container (min-width:380px) and (max-width:599px){\r\n  .hitv3soga{padding:12px 22px;gap:12px;min-height:100px}\r\n  .hitv3sogh{font-size:16px}\r\n  .hitv3sogs{display:none}\r\n  .hitv3sogbtn{padding:7px 16px;font-size:11px}\r\n}\r\n\/* \u2500\u2500 Mobile\/card: < 380px (like 300\u00d7250) \u2500\u2500 *\/\r\n@container (max-width:379px){\r\n  .hitv3soga{flex-direction:column;align-items:center;justify-content:space-between;min-height:260px;padding:22px 22px;gap:10px}\r\n  .hitv3sogc{align-items:center;text-align:center}\r\n  .hitv3sogh{font-size:22px;white-space:normal}\r\n  .hitv3sogs{font-size:11px;white-space:normal}\r\n  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solid rgba(255,255,255,0.18);backdrop-filter:blur(8px);-webkit-backdrop-filter:blur(8px);border-radius:20px;padding:3px 10px 3px 7px;margin-bottom:clamp(5px,0.6vw,9px);animation:hitv3sog-badge 0.5s ease both;\"><span style=\"display:inline-block;width:6px;height:6px;border-radius:50%;background:#dc2626;flex-shrink:0;\"><\/span><span style=\"font-size:clamp(8px,0.9vw,10px);font-weight:700;letter-spacing:0.07em;color:rgba(255,255,255,0.88);text-transform:uppercase;white-space:nowrap;\">\u067e\u06cc\u0634\u0646\u0647\u0627\u062f \u0648\u06cc\u0698\u0647 \u0639\u0645\u0627\u0646<\/span><\/div>\r\n    <div class=\"hitv3sogh\" style=\"animation:hitv3sog-slideup 0.7s ease both;animation-delay:0.15s;\">\u0648\u0628\u200c\u0633\u0627\u06cc\u062a\u200c\u0647\u0627\u06cc\u06cc \u0628\u0631\u0627\u06cc <span style=\"color:#dc2626;\">\u06a9\u0633\u0628 \u0648 \u06a9\u0627\u0631\u0647\u0627\u06cc \u0639\u0645\u0627\u0646\u06cc.<\/span><\/div>\r\n    <div class=\"hitv3sogs\" style=\"animation:hitv3sog-slideup 0.7s ease both;animation-delay:0.3s;\">\u0628\u0631\u0646\u062f \u062e\u0648\u062f \u0631\u0627 \u0628\u0627 \u0631\u0627\u0647\u06a9\u0627\u0631\u0647\u0627\u06cc \u062f\u06cc\u062c\u06cc\u062a\u0627\u0644 \u0633\u0641\u0627\u0631\u0634\u06cc \u06a9\u0647 \u0628\u0631\u0627\u06cc \u062a\u0628\u062f\u06cc\u0644 \u0628\u0627\u0644\u0627 \u0648 \u062a\u0633\u0644\u0637 \u0628\u0631 \u0628\u0627\u0632\u0627\u0631 \u0637\u0631\u0627\u062d\u06cc \u0634\u062f\u0647\u200c\u0627\u0646\u062f\u060c \u062a\u0648\u0627\u0646\u0645\u0646\u062f \u06a9\u0646\u06cc\u062f.<\/div>\r\n    <div class=\"hitv3sogbl\"><div class=\"hitv3sogbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>\u0637\u0631\u062d\u200c\u0647\u0627\u06cc \u0648\u0627\u06a9\u0646\u0634\u200c\u06af\u0631\u0627 \u0628\u0631\u0627\u06cc \u0631\u0634\u062f \u0633\u0627\u062e\u062a\u0647 \u0634\u062f\u0647\u200c\u0627\u0646\u062f<\/span><\/div><div class=\"hitv3sogbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>\u0628\u0627\u0631\u06af\u0630\u0627\u0631\u06cc \u0633\u0631\u06cc\u0639 \u0628\u0627 \u0627\u062a\u0648\u0645\u0627\u0633\u06cc\u0648\u0646 \u0647\u0648\u0634\u0645\u0646\u062f<\/span><\/div><\/div>\r\n  <\/div>\r\n  \r\n  <div class=\"hitv3sogct\">\r\n    <button class=\"hitv3sogbtn\" style=\"animation:hitv3sog-pulse 2.5s ease-in-out infinite;animation-delay:1s;\">\u0648\u0628\u200c\u0633\u0627\u06cc\u062a \u0631\u0627\u06cc\u06af\u0627\u0646 \u062e\u0648\u062f \u0631\u0627 \u0628\u0633\u0627\u0632\u06cc\u062f <span style=\"opacity:.9;\">\u2192<\/span><\/button>\r\n    <div class=\"hitv3sogbr\">\u0633\u0631\u0632\u0645\u06cc\u0646 \u0647\u06cc\u062a<\/div>\r\n  <\/div>\r\n<\/a>\r\n<\/div>\n<p>MUSCAT, JULY 6 \u2014 United Solar Polysilicon has successfully completed a $1.6 billion capital raise for its polysilicon manufacturing project in Sohar, following the financial close of a $50 million equity investment from the International Finance Corporation (IFC), the private sector arm of the World Bank Group.<\/p>\n<p>This investment represents the final tranche of funding for the Middle East&#8217;s largest polysilicon manufacturing facility and highlights Oman\u2019s ambition to become a global hub for clean energy manufacturing, aligned with Oman Vision 2040.<\/p>\n<p>The company reported that IFC has arranged and mobilized over 30 percent of the total project financing, demonstrating strong international confidence in United Solar\u2019s governance, environmental and social standards, traceability, and long-term commercial viability.<\/p>\n<p>United Solar\u2019s polysilicon plant, located in Sohar Free Zone, commenced operations in January 2026. With an annual production capacity of 100,000 tonnes, the facility is on track to reach full capacity by year-end. It produces high-purity polysilicon, a critical raw material for manufacturing solar photovoltaic (PV) cells and modules.<\/p>\n<p>The investment also reinforces United Solar\u2019s position as a Foreign Entity of Concern (FEOC)-compliant supplier, offering fully traceable polysilicon to prominent global solar manufacturers. This compliance is particularly important for customers in the United States and other advanced markets, where clean energy supply chain sourcing standards have become more stringent.<\/p>\n<p>United Solar emphasized that its production base in Oman, supported by the Oman Investment Authority (OIA) as its largest shareholder through Future Fund Oman, provides manufacturers with access to a diversified and transparent supply chain that meets eligibility criteria for clean energy incentives.<\/p>\n<p>Binyam Giorgis, Group Chief Financial Officer of United Solar Holding, stated, \u201cThe closing of IFC\u2019s investment completes our approximately $1.6 billion capital raise and is a powerful endorsement of United Solar\u2019s standards, governance, and long-term commercial strength. With the backing of the World Bank Group and the foundation laid by the Oman Investment Authority, we are delivering world-class, fully traceable polysilicon that tier-one manufacturers need \u2014 and doing so as an FEOC-compliant producer they can rely on to build resilient, diversified supply chains.\u201d<\/p>\n<p>IFC highlighted that its investment signifies confidence in the project\u2019s role in promoting sustainable industrial development and economic diversification in Oman. Ulyana Dovbush, IFC Regional Industry Manager for Manufacturing, Agribusiness and Services in the Middle East, Pakistan, and Afghanistan, said, \u201cThis equity investment completes our landmark support for the Middle East\u2019s largest and only operational polysilicon manufacturing facility. Aligned with Oman\u2019s vision, this investment will help create thousands of jobs, attract foreign direct investment, accelerate economic diversification, and strengthen the private sector\u2019s role in driving sustainable growth beyond oil.\u201d<\/p>\n<p>At full capacity, the Sohar facility is expected to produce sufficient polysilicon annually to support the manufacture of approximately 40 gigawatts of solar modules, capable of generating electricity for up to 12 million homes worldwide. The project is also projected to reduce greenhouse gas emissions by an estimated 8.8 million tonnes annually.<\/p>\n<p>United Solar Holding noted that the project will create nearly 3,000 direct and indirect jobs while bolstering Oman\u2019s position in the global renewable energy supply chain and supporting the country\u2019s long-term industrial diversification strategy.<\/p>\n<p><style>\r\n@keyframes hitl8gak-fadein{from{opacity:0;transform:translateY(14px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitl8gak-slideup{from{opacity:0;transform:translateY(20px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitl8gak-pulse{0%,100%{box-shadow:0 0 14px #dc262688}50%{box-shadow:0 0 32px #dc2626,0 0 60px #dc262655}}\r\n@keyframes hitl8gak-shimmer{0%,100%{opacity:0.3;transform:scaleX(0.4)}50%{opacity:1;transform:scaleX(1)}}\r\n@keyframes hitl8gak-glow{0%,100%{opacity:0.6}50%{opacity:1}}\r\n@keyframes 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both;animation-delay:0.3s;\">\u0648\u0628\u200c\u0633\u0627\u06cc\u062a\u200c\u0647\u0627\u06cc \u0633\u0641\u0627\u0631\u0634\u06cc \u0628\u0627 \u0627\u062a\u0648\u0645\u0627\u0633\u06cc\u0648\u0646 \u0647\u0648\u0634\u0645\u0646\u062f \u0648 \u0648\u06cc\u0698\u06af\u06cc\u200c\u0647\u0627\u06cc \u0645\u0628\u062a\u0646\u06cc \u0628\u0631 \u0647\u0648\u0634 \u0645\u0635\u0646\u0648\u0639\u06cc.<\/div>\r\n    <div class=\"hitl8gakbl\"><div class=\"hitl8gakbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>\u0633\u0626\u0648 \u0628\u0647\u06cc\u0646\u0647 \u0634\u062f\u0647 \u0648 \u0633\u0631\u0639\u062a \u0628\u0631\u0642 \u0622\u0633\u0627<\/span><\/div><div class=\"hitl8gakbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>\u0648\u06cc\u0698\u06af\u06cc\u200c\u0647\u0627\u06cc \u0647\u0648\u0634\u0645\u0646\u062f \u0633\u0627\u062e\u062a\u0647 \u0634\u062f\u0647 \u0628\u0631\u0627\u06cc \u06a9\u0633\u0628 \u0648 \u06a9\u0627\u0631 \u0634\u0645\u0627<\/span><\/div><\/div>\r\n  <\/div>\r\n  \r\n  <div class=\"hitl8gakct\">\r\n    <button class=\"hitl8gakbtn\" style=\"animation:hitl8gak-pulse 2.5s ease-in-out infinite;animation-delay:1s;\">\u0645\u0634\u0627\u0648\u0631\u0647 \u0631\u0627\u06cc\u06af\u0627\u0646 \u062f\u0631\u06cc\u0627\u0641\u062a \u06a9\u0646\u06cc\u062f <span style=\"opacity:.9;\">\u2192<\/span><\/button>\r\n    <div class=\"hitl8gakbr\">\u0633\u0631\u0632\u0645\u06cc\u0646 \u0647\u06cc\u062a<\/div>\r\n  <\/div>\r\n<\/a>\r\n<\/div><br \/>\n<\/p>\n<p>\u062a\u062d\u0644\u06cc\u0644 \u0648\u06cc\u0698\u0647 \u0627\u0632 \u0639\u0645\u0627\u0646\u062a | \u0628\u0627\u0632\u0627\u0631 \u0639\u0645\u0627\u0646 \u0631\u0627 \u06a9\u0634\u0641 \u06a9\u0646\u06cc\u062f<\/p>\n<p>The $1.6 billion investment in United Solar Polysilicon&#8217;s Sohar facility signals <strong>Oman&#8217;s strategic leap into clean energy manufacturing<\/strong>, positioning the country as a key player in the global renewable supply chain. For businesses and investors, this creates <strong>robust opportunities in green industrial sectors<\/strong> while mitigating risks by aligning with stringent international supply standards. Smart entrepreneurs should now <strong>prioritize ventures leveraging Oman\u2019s growing clean tech infrastructure and sustainable governance framework<\/strong>, capitalizing on the country\u2019s Vision 2040 diversification ambitions.<\/p>\n<p><\/p>","protected":false},"excerpt":{"rendered":"<p>United Solar Polysilicon raised $1.6B for its Sohar polysilicon plant, supported by IFC&#8217;s $50M equity. The facility, operational since Jan 2026, will boost Oman&#8217;s clean energy ambitions, creating 3,000 jobs and producing polysilicon for 40 GW of solar modules annually.<\/p>","protected":false},"author":16,"featured_media":13047,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[482],"tags":[346,161,834],"class_list":["post-13046","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","tag-clean-energy","tag-oman","tag-polysilicon"],"jetpack_featured_media_url":"https:\/\/omanet.om\/wp-content\/uploads\/2026\/07\/3443722.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/omanet.om\/fa\/wp-json\/wp\/v2\/posts\/13046","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/omanet.om\/fa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/omanet.om\/fa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/omanet.om\/fa\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/omanet.om\/fa\/wp-json\/wp\/v2\/comments?post=13046"}],"version-history":[{"count":1,"href":"https:\/\/omanet.om\/fa\/wp-json\/wp\/v2\/posts\/13046\/revisions"}],"predecessor-version":[{"id":13048,"href":"https:\/\/omanet.om\/fa\/wp-json\/wp\/v2\/posts\/13046\/revisions\/13048"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/omanet.om\/fa\/wp-json\/wp\/v2\/media\/13047"}],"wp:attachment":[{"href":"https:\/\/omanet.om\/fa\/wp-json\/wp\/v2\/media?parent=13046"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/omanet.om\/fa\/wp-json\/wp\/v2\/categories?post=13046"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/omanet.om\/fa\/wp-json\/wp\/v2\/tags?post=13046"}],"curies":[{"name":"\u0648\u0631\u062f\u067e\u0631\u0633","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}