Oman: TotalEnergies and OQAE Sign Agreements to Develop 300 MW of Renewable Projects
TotalEnergies (TTE) and OQ Alternative Energy (OQAE) have signed agreements to develop 300 MW of renewable energy projects in Oman. The partnership, split 49% TTE and 51% OQAE, will create three projects: the 100 MW North Solar project in Saih Nihaydah, and two 100 MW wind projects (Riyah-1 and Riyah-2) in Amin and West Nimr fields. Construction will begin in early 2025, with electricity production starting in late 2026.
The projects will generate over 1.4 TWh of renewable electricity annually through long-term Power Purchase Agreements with Petroleum Development Oman (PDO). This initiative supports PDO's goal of sourcing 30% of power capacity from renewables by 2026 and aligns with Oman Vision 2040's objectives for sustainable energy security.
TotalEnergies (TTE) e OQ Alternative Energy (OQAE) hanno firmato accordi per sviluppare 300 MW di progetti di energia rinnovabile in Oman. La partnership, suddivisa al 49% per TTE e al 51% per OQAE, darà vita a tre progetti: il progetto solare North da 100 MW a Saih Nihaydah e due progetti eolici da 100 MW (Riyah-1 e Riyah-2) nei campi di Amin e West Nimr. La costruzione inizierà all'inizio del 2025, con l'inizio della produzione elettrica prevista per la fine del 2026.
I progetti genereranno oltre 1,4 TWh di elettricità rinnovabile annualmente attraverso contratti di acquisto di energia a lungo termine con Petroleum Development Oman (PDO). Questa iniziativa supporta l'obiettivo di PDO di ottenere il 30% della capacità energetica da fonti rinnovabili entro il 2026 e si allinea con gli obiettivi dell'Oman Vision 2040 per la sicurezza energetica sostenibile.
TotalEnergies (TTE) y OQ Alternative Energy (OQAE) han firmado acuerdos para desarrollar 300 MW de proyectos de energía renovable en Omán. La asociación, con un 49% para TTE y un 51% para OQAE, creará tres proyectos: el proyecto solar North de 100 MW en Saih Nihaydah y dos proyectos eólicos de 100 MW (Riyah-1 y Riyah-2) en los campos de Amin y West Nimr. La construcción comenzará a principios de 2025, con la producción de electricidad prevista para finales de 2026.
Los proyectos generarán más de 1,4 TWh de electricidad renovable anualmente a través de contratos de compra de energía a largo plazo con Petroleum Development Oman (PDO). Esta iniciativa apoya el objetivo de PDO de obtener el 30% de su capacidad energética a partir de fuentes renovables para 2026 y se alinea con los objetivos de Oman Vision 2040 para la seguridad energética sostenible.
TotalEnergies (TTE)와 OQ 대체 에너지 (OQAE)가 오만에서 300 MW의 재생 에너지 프로젝트를 개발하기 위한 계약을 체결했습니다. 이 파트너십은 TTE 49%와 OQAE 51%로 나뉘며, Saih Nihaydah에서 100 MW 규모의 북부 태양광 프로젝트와 Amin 및 West Nimr 분야에서 두 개의 100 MW 풍력 프로젝트(Riyah-1 및 Riyah-2)를 생성합니다. 건설은 2025년 초에 시작될 예정이며, 전력 생산은 2026년 말에 시작됩니다.
이 프로젝트는 Petroleum Development Oman (PDO)와의 장기 전력 구매 계약을 통해 매년 1.4 TWh 이상의 재생 전기를 생성할 것입니다. 이 이니셔티브는 2026년까지 재생 에너지로부터 전력 용량의 30%를 조달하려는 PDO의 목표를 지원하며, 오만 비전 2040의 지속 가능한 에너지 안보 목표와 일치합니다.
TotalEnergies (TTE) et OQ Alternative Energy (OQAE) ont signé des accords pour développer 300 MW de projets d'énergie renouvelable en Oman. Le partenariat, réparti à 49% pour TTE et 51% pour OQAE, créera trois projets : le projet solaire North de 100 MW à Saih Nihaydah, et deux projets éoliens de 100 MW (Riyah-1 et Riyah-2) dans les champs d'Amin et de West Nimr. La construction débutera début 2025, la production d'électricité étant attendue pour fin 2026.
Les projets généreront plus de 1,4 TWh d'électricité renouvelable par an grâce à des contrats d'achat d'électricité à long terme avec Petroleum Development Oman (PDO). Cette initiative soutient l'objectif de PDO de tirer 30% de sa capacité électrique de sources renouvelables d'ici 2026 et s'aligne avec les objectifs de l'Oman Vision 2040 pour la sécurité énergétique durable.
TotalEnergies (TTE) und OQ Alternative Energy (OQAE) haben Vereinbarungen zum Ausbau von 300 MW erneuerbarer Energieprojekte im Oman unterzeichnet. Die Partnerschaft, aufgeteilt in 49% TTE und 51% OQAE, wird drei Projekte schaffen: das 100 MW North Solar-Projekt in Saih Nihaydah sowie zwei 100 MW Windprojekte (Riyah-1 und Riyah-2) in den Feldern Amin und West Nimr. Der Bau wird Anfang 2025 beginnen, wobei die Stromproduktion Ende 2026 starten soll.
Die Projekte werden über 1,4 TWh erneuerbare Elektrizität jährlich generieren, basierend auf langfristigen Power Purchase Agreements mit Petroleum Development Oman (PDO). Diese Initiative unterstützt PDOs Ziel, bis 2026 30% der Stromkapazität aus erneuerbaren Quellen zu beziehen, und steht im Einklang mit den Zielen der Oman Vision 2040 für nachhaltige Energieversorgung.
- Secured long-term Power Purchase Agreements (PPA) with PDO, ensuring stable revenue stream
- Strategic expansion in Oman's renewable energy market with 300 MW total capacity
- Project diversification across both solar and wind energy sectors
- Partnership with national renewable energy champion OQAE strengthens market position
- Significant capital investment required for three major projects
- 18-month gap between construction start and revenue generation
- Minority stake (49%) in the projects limits control over operations
Insights
The development of 300 MW renewable projects in Oman marks a significant strategic expansion for TotalEnergies in the region. The project portfolio, comprising 100 MW solar and 200 MW wind capacity, is expected to generate 1.4 TWh of renewable electricity annually. The secured long-term PPAs with PDO provide stable revenue streams and reduce market risks. This aligns with Oman's ambitious goal of achieving 30% renewable power capacity by 2026.
The timing of construction start in early 2025 and operations by late 2026 appears realistic given the scale and type of projects. The partnership structure, with OQAE holding
This renewable energy initiative represents a substantial commitment to Oman's energy transition and climate goals. The projects will contribute significantly to PDO's Net Zero emissions target by 2050 and support Oman Vision 2040's objectives for energy diversification. The combination of solar and wind technologies creates a complementary power generation profile, potentially optimizing grid integration and reliability.
The geographical distribution of projects across northern and southern Oman demonstrates strategic planning for resource optimization and grid stability. These developments signal Oman's serious commitment to reducing its carbon footprint in the oil and gas sector, with PDO, the country's largest hydrocarbon producer, taking concrete steps toward sustainability through renewable energy adoption.
In line with its multi-energy strategy in the Sultanate of
With respectively
-
North Solar, a 100 MW solar project, located in Saih Nihaydah in northern
Oman ; -
Riyah-1 and Riyah-2, two 100 MW wind projects, located in Amin and West Nimr fields in southern
Oman .
The construction will start in early 2025, and the electricity production in late 2026. These solar and wind projects will generate over 1.4 TWh of renewable electricity annually.
“Following our recent successes in the Sultanate of
“We are delighted to sign these agreements, which further reinforce our steadfast commitment to achieving Net Zero emissions by 2050 in line with the objectives of Oman Vision 2040, mainly the diversification of energy sources to ensure sustainable energy security. PDO’s journey towards sustainability was firmly established with previous groundbreaking initiatives, including the Amin Solar IPP Power Plant and the Rima Water Treatment Project. These projects, alongside the ones signed today, continue to reshape Oman’s energy landscape by blending technological innovation with environmental stewardship. They also support our aim of sourcing
“In partnership with PDO and TotalEnergies, OQAE is proud to advance Oman’s transition toward sustainable energy. As an energy transition enabler, we are delighted to lead the development of these projects supporting PDO to achieve their decarbonization plans. This significant milestone underscores the expertise and dedication of all stakeholders involved. As the National Champion for Clean Energy in
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About OQ Alternative Energy
OQ's Alternative Energy (AE) stands at the forefront of OQ's energy transition initiatives, playing a vital role in realizing national objectives for achieving Net Zero emissions by 2050 aligned with Oman’s 2040 vision. Central to OQ AE's strategy is the decarbonization of OQ's assets, eventually extending to the decarbonization of
TotalEnergies and electricity
As part of its ambition to get to net zero by 2050, TotalEnergies is building a world class cost-competitive portfolio combining renewables (solar, onshore and offshore wind) and flexible assets (CCGT, storage) to deliver clean firm power to its customers. By the end of 2024, TotalEnergies’ gross renewable electricity generation installed capacity had reached over 24 GW. TotalEnergies will continue to expand this business to reach 35 GW in 2025 and more than 100 TWh of net electricity production by 2030.
About TotalEnergies Oman
TotalEnergies has been present in
TotalEnergies’ oil and gas production in
TotalEnergies also contributes to the development of renewables in the country, such as the largest solar photovoltaic system built to provide power for a desalination plant in
About TotalEnergies
TotalEnergies is a global integrated energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity. Our more than 100,000 employees are committed to provide as many people as possible with energy that is more reliable, more affordable and more sustainable. Active in about 120 countries, TotalEnergies places sustainability at the heart of its strategy, its projects and its operations.
@TotalEnergies TotalEnergies TotalEnergies TotalEnergies
Cautionary Note
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FAQ
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