Thursday 21 / May / 2026
Muscat--- O-Green Company today celebrated the financial close of the largest solar energy project in the industrial cities of the Sultanate of Oman.
The event was held under the auspices of Mohsin Hamad Al Hadhrami, Undersecretary of the Ministry of Energy and Minerals.
The company is executing the 93-megawatt solar power plant project in Sohar Industrial City, in a strategic partnership with the Public Establishment for Industrial Estates “Madayn”. The project will provide clean energy to more than 200 industrial facilities, and the commercial operation of the project is expected to begin in September 2026.
The total area of the project spans approximately 1.45 million square meters, while the current completion rate has exceeded 60 percent, which included the installation of around 150,000 solar panels across various execution phases.
The financial close with Ahli Islamic Bank represents a major milestone in the implementation of the project, reflecting the role of sustainable finance in supporting renewable energy projects and enhancing the clean energy infrastructure in the Sultanate of Oman.
The Sohar project is the first of its kind in the Sultanate of Oman to supply industrial cities with solar energy under a direct supply model to industrial facilities, thereby reinforcing the transition toward clean energy, supporting industrial sustainability, and reducing carbon emissions.
An agreement was also signed between the Arab Open University and O-Green company to establish a solar power generation plant on the university campus. The agreement was signed on behalf of the university by Prof. Mohamed Hamdan Al Badi, Rector of the Arab Open University, and on behalf of O-Green by Mustafa Mohammed Al Hinai, CEO of the company.
O-Green is an integrated platform for developing renewable energy projects, with a portfolio exceeding 3.3 gigawatts of power generation projects, and more than 2.3 gigawatt-hours of energy storage capacity. This is in addition to more than 10 gigawatts of development and preliminary assessment opportunities expected to be implemented after the year 2028, featuring projects within the Sultanate of Oman alongside international projects in Asia, Europe, and Africa.
