Oman to issue tenders for key renewable energy projects
CONSTRUCTION NEWS
Oman’s Rural Areas Electricity Company (Raeco) is likely to issue tenders by the year-end for 11 renewable energy projects to be developed across the sultanate, said a report.
This comes as Raeco's strategy to increase renewable energy footprint in the country, reported Oman Observer citing a top official.
One of the first companies to begin solar energy initiative to replace expensive and high emission producing diesel generated plants, Raeco has begun feasibility test in 11 different locations in Oman to implement hybrid energy systems around the country.
“We have hired consultants to advice us on feasible hybrid electricity generation model for 11 areas in Oman. By end of the year we will start tendering out these projects to convert them from pure diesel to hybrid," remarked its CEO Saleh Al Rumhy.
"We are targeting to achieve 25 per cent of energy needs from renewables in these locations,” he stated.
Companies in Oman are looking at hybrid models instead of standalone renewable energy power generation plants as cost effective energy storage technology is still unavailable, he added.
