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MUSCAT : The amount of investments within the inexperienced power sector is predicted to succeed in $50 billion because the Sultanate is dashing to draw big investments, based on a high official.
Dr. Firas Al Abduwani, Director Common of Renewable Power and Hydrogen at Ministry of Power and Minerals has confirmed that that 5 hydrogen tasks have been awarded within the Al Wusta Governorate, and different tasks shall be awarded within the Dhofar Governorate quickly.
Based on Firas, Oman’s regulatory insurance policies within the renewable power sector are attracting overseas investments, and the supply of pure assets like wind and photo voltaic power has promoted partnerships to construct tasks that add worth to the nationwide economic system.
He identified that there are upcoming tasks in renewable power, together with three solar energy stations in Ibri, along with a number of wind power tasks within the Al Wusta Governorate and the Dhofar Governorate, explaining that the Sultanate of Oman’s potential within the availability of pure assets for renewable power will qualify it to be a pioneer on this subject.
He added that the insurance policies of the Sultanate of Oman are clear within the regulatory facet of renewable power, which inspires native and worldwide buyers to construct tasks and there’s consensus in insurance policies for producing clear electrical energy with assist from international locations within the area.
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