ACWA Power led consortium and Oman Power and Water Procurement Company inaugurate Oman’s largest utility scale renewable energy project – EQ Mag Pro

USD 417 million solar plant Ibri 2PV IPP with capacity of 500 MW to supply electricity to 50,000 homes.

Under the patronage of Sayyid Hamoud bin Faisal al Busaidi, Omani Minister of Interior, and in the presence of Eng. Khalid bin Abdulaziz Al-Falih, Saudi Minister of Investment, a consortium consisting of ACWA Power – a leading developer, investor and operator of power generation, desalinated water and green hydrogen plants – Gulf Investment Corporation (“GIC”), and Alternative Energy Projects Co. (“AEPC”), inaugurated Ibri 2, the first solar independent power project (IPP) to be launched under the country’s national renewable energy programme and connected to the main national grid.

The consortium will produce renewable energy over a 15-year period for the Oman Power and Water Procurement Company (OPWP).

Source: manufacturingtodayindia