Oman begins foray into 200MW solar power project
Project could help propel Oman into renewable energy big leagues
Oman has selected Mumbai based Astonfield Renewable Resources to lead its ambitious pilot solar energy initiative, according to an Oman Times report.
The Sultanate plans to build a large scale solar project with an expected capacity of up to 200MW.
Astonfield is said to be the largest multi-modality renewable energy company in South Asia, with a project portfolio of over 1,000MW of renewable energy. It specialises in financing and developing power projects in emerging markets around the world and has installed utility-scale solar power plants across Europe and emerging markets.
Oman is said to have the potential of becoming a regional power player in the solar energy market especially as international renewable energy companies look for investment opportunities outside of Europe and North America.
"With strong solar resources and progressive government support, Oman has the potential to become a solar leader with successful collaboration from the private sector," Ameet Shah, co-chairman at Astonfield Renewable Resources is quoted as saying.
"Astonfield has developed a proven, flexible formula that emphasises localisation and cost-efficiency without sacrificing quality through bottom up collaboration between experienced local engineering teams and top-tier global technology providers.
"The modules we select have to be battle tested and well-suited to the regions in which we work," Shah added.
"We only use modules that have been successfully performing in the field in other similar projects and manufactured by companies with strong balance sheets and warranties as these modules need to perform at high levels for 25 years,” he further explained to the newspaper.