Oman Signs Agreements with EDF for 2,000 MW Pumped Storage and 500 MW Solar Projects
2026-07-02 10:59
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en.Wedoany.com Reported - Oman and France signed three strategic agreements in Paris, involving a 2,000 MW pumped storage hydropower project, a 500 MW solar photovoltaic project, and a 1,000 MW sustainable digital infrastructure platform, aimed at strengthening bilateral economic growth and energy cooperation while supporting Oman's energy transition agenda and long-term sustainable development goals. Sultan Haitham bin Tariq of Oman and French President Emmanuel Macron attended the signing ceremony.

The 2,000 MW Jabal Abyad Pumped Storage Hydropower Project (PHES) will be developed in collaboration with EDF Power Solutions, Oman National Engineering and Investment Company (ONEIC), Takhzeen Oman, Green Universe Enterprise (GUE), and the Authority for Public Services Regulation (APSR) of Oman. This will become the largest pumped storage project in the Middle East. Located near the Wadi Dayqah Dam, the project aims to provide long-term energy storage capacity, enhance grid stability, and increase the penetration rate of renewable energy in Oman. The project is expected to generate significant domestic value through local procurement, job creation, and support for Oman's construction sector and small and medium-sized enterprises.

The 500 MW Al Kamil Solar Photovoltaic Independent Power Project (IPP) will be financed, constructed, and operated by a consortium comprising EDF Power Solutions, Oman National Engineering and Investment Company (ONEIC), OQ Alternative Energy (OQAE), and Nama Power and Water Procurement Company. This project represents another key step in increasing the share of renewable energy in Oman's power mix, meeting the country's growing demand for reliable, affordable, and clean electricity.

Additionally, the Government of Oman, EDF Power Solutions, and Synergy Investments signed a Memorandum of Understanding to jointly develop a 1,000 MW sustainable digital infrastructure platform, supporting the positioning of the Sultanate of Oman as a regional strategic hub for artificial intelligence, advanced computing, and cloud services.

Béatrice Buffon, CEO of EDF Power Solutions, stated that the signing reflects the strength of the strategic relationship between France and the Sultanate of Oman and their shared desire to accelerate the energy transition. By combining large-scale renewable energy generation with advanced energy storage solutions, the company is leveraging its industrial expertise to develop a more resilient, sustainable, and secure energy system for Oman, supporting the country's long-term energy goals and creating lasting economic and social value.

Ahmed bin Salim al Abri, CEO of Nama Power and Water Procurement Company, stated that the Al Kamil Solar IPP is a significant addition to Oman's clean energy portfolio, advancing the company's commitment to providing reliable, competitive, and low-carbon electricity. The project strengthens private sector participation, enhances the investment attractiveness of the Sultanate of Oman, and reinforces the role of renewable energy in supporting sustainable economic development and environmental responsibility.

Kumail Said, Acting CEO of OQ Alternative Energy (OQAE), noted that the 500 MW Al Kamil Solar PV IPP builds upon a series of solar, wind, and energy storage projects developed by OQAE, demonstrating the company's ongoing commitment to advancing Oman's energy transition. This Power Purchase Agreement (PPA) is another important step in translating Oman's clean energy ambitions into tangible projects, which will strengthen energy security, accelerate economic diversification, and create long-term national value.

These agreements further strengthen the long-term partnership between EDF and stakeholders in Oman's energy sector. EDF Power Solutions is already undertaking two renewable energy projects in Oman: the Manah 1 Solar PV IPP (500 MW) and the JBB Wind IPP (120 MW). The Al Kamil project marks its third renewable energy project in the country. The signing lays the foundation for detailed technical studies, project development activities, and ongoing collaboration among all parties to advance project implementation.