en.Wedoany.com Reported - On July 12, Oman launched a new investment platform integrating seawater desalination, renewable energy, battery storage, and green hydrogen infrastructure, initiated by regional investment advisory firm Shadid Capital after signing a joint venture agreement with a group of strategic partners.
The platform, named the "Oman Blue Infrastructure Platform" (OBIP), aims to develop scalable infrastructure projects to enhance water security, accelerate the national energy transition, and support industrial growth in line with "Oman Vision 2040."
Dr. Nawar Boussaid, CEO of Shadid Capital, announced the agreement and described the joint venture as a significant milestone in creating sustainable infrastructure through strategic partnerships.
Dr. Boussaid stated that this initiative represents a shared vision for advancing sustainable infrastructure, noting that the platform will integrate floating solar desalination, floating solar photovoltaic (PV) power generation, battery energy storage systems (BESS), green hydrogen production, industrial water infrastructure, and broader blue economy solutions.
According to details released by the partners, the first phase of OBIP is planned for implementation in Sohar, with a seawater desalination capacity of 100,000 cubic meters per day, equipped with 250 MW of floating solar PV, 100 MWh of battery storage, and 50 MW of green hydrogen electrolyzers. The platform is also expected to supply water to industrial users and port facilities, while serving as a replicable model that can be promoted across the Middle East and Africa.
The initiative reflects a system-based approach that combines renewable energy generation with water production, energy storage, and hydrogen production within a single integrated infrastructure platform. This approach can reduce land requirements through floating solar installations, improve renewable energy utilization, and provide reliable power supply and desalinated water to industrial customers.
Shadid Capital is an investment advisory firm focused on infrastructure and energy projects in Africa and the Middle East and North Africa (MENA) region. The company stated that the platform will bring together technology providers, engineering, procurement, and construction (EPC) contractors, financial institutions, investors, and energy companies to accelerate project delivery.
