Shell plans new renewable energy projects in Oman

Country wants to generate 30% of green energy by 2030

02 September, 17:37

    NAPLES - Shell is pursuing renewable energy plans in Oman, a country that wants to generate 30% of its electricity needs from clean energy sources by 2030.

    The Dutch company, Emirati daily The National reports, has already launched the 25-megawatt Qabas solar plant in Sohar in January, which was Shell's first renewable project in the Middle East. "We have the ambition to grow beyond the first project, especially in the context of energy transition and reducing the carbon footprint both for the country and for ourselves. We have a number of projects in the pipeline", Walid Hadi, the vice president and country chairman of Oman Shell, was quoted as saying by The National.

    Oman is building renewable energy plants across the country to boost supply of clean power to home and industries as part of its commitments to the 2016 Paris accords. Some of the plants are already operational, like the 50 MW Dhofar farm, or the photovoltaic solar power plant that provides energy to state company Petroleum Development Oman.

    Shell, Hadi confirmed, vies to become a zero-emissions company by 2050: "There is only one path to renewables and that is a growth path. It is the energy of the future and there is an opportunity for energy companies to lead through the transition and return value of shareholders". Shell is also part of the program to use hydrogen in Oman with the country's energy ministry.

    © Copyright ANSA - All rights reserved

    Business opportunities

    The information system of business
    opportunities abroad

    News from Mediterranean