Image: Silas Baisch/Unsplash
Oman’s state-backed renewable energy developer, O-Green Energy, has signed a power purchase agreement (PPA) with the country’s sole electricity buyer for a hybrid renewable energy project in Mahmout and Duqm.
The 2.7 GW Continuous Renewable Energy Project will include solar, wind and battery energy storage.
Nama Power and Water Procurement awarded the PPA to O-Green Energy as part of a planned acceleration of the deployment of renewable energy sources in Oman. O-Green Energy was established in 2025 by the Sultanate of Oman with a mandate to deliver a gigawatt-scale portfolio of wind, solar and energy storage projects in Oman, the Gulf States, Africa and Europe.
The developer is jointly owned by state-owned companies Naqaa Sustainable Energy and OQ Alternative Energy. O-Green Energy says its focus is on delivering 24/7 green energy solutions, and the developer reports that it has 11 GW of generation and storage projects under development in 12 countries – with a secured portfolio of more than 3.3 GW of wind and solar and 2.3 GWh of BESS in Oman and Botswana.
The hybrid project agreement in Oman is the latest major PPA signed by O-Green in recent weeks. The developer’s subsidiary signed a PPA with the Botswana Power Corporation for the 500 MW Muan solar and BESS project.
Nama Power & Water Procurement CEO Ahmed bin Salim Al Abri said during the launch event with the local Oman News Center that the Sultanate of Oman is making progress in building its local capacities for the development of sustainable energy projects. “Nama Power & Water Procurement Company aims to develop approximately 7 GW of solar energy, 3 GW of wind energy and 3 GW of storage by 2030, to achieve the Oman 2040 vision and the objectives of the Ministry of Energy and Minerals,” he stressed.
O-Green CEO Mustafa bin Mohammed Al Hinai added that the project is “very closely linked” to the under-construction Mawarid wind turbine factory in Oman, adding that the hybrid renewable power plant was scheduled to become commercially operational in summer 2028.
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