GlassPoint Solar, a venture capital startup that focuses on the use of solar energy for steam generation in heavy oil production, has gone into liquidation after taking a hit by the COVID-19 crisis. The proceedings were announced by Oman's State General Reserve Fund (SGRF), which is a shareholder in [...]
A renewable energy development plan unveiled recently by the Oman Power and Water Procurement Company (OPWP) the sole buyer of electricity in the Sultanate envisions the procurement of 3,050 megawatts (MW) of renewables-based capacity by 2025, representing 16 per cent of total electricity output by this timeframe. This compares with [...]
Oman Power and Water Procurement Company (OPWP) is considering the establishment of the sultanate's first solar thermal project, a concentrated solar power (CSP) plant in Duqm that will be built if an existing proposal for a clean coal independent power producer (IPP) project in the area does not receive government [...]
The Oman Power and Water Procurement Company (OPWP) — the sole procurer of new electricity and water capacity under the Sector Law — is mulling plans to set up the first-ever solar thermal project to support the future energy requirements of the Special Economic Zone (SEZ) at Duqm. The [...]
Developers of large-scale renewable energy projects in the Gulf Cooperation Council (GCC) must use innovative financing structures to minimize costs amid a growing demand for funding, the International Renewable Energy Agency (IRENA) said in a report on the Middle East region, published January 15. The GCC members are Saudi Arabia, [...]
MMEC Mannesmann, a leading German engineering contractor in the field of petroleum coke calcining partners with ACWA Power, the leading developer, owner, and operator of power generation and water desalination plants, to develop the ‘Sohar Calciner’ project in Oman. The state-of-the-art plant will be the first of its kind [...]
Concentrated Solar Power (CSP) projects — involving the use of mirrors in place of photovoltaic (PV) panels in the electricity generation process — will be part of a sizable portfolio of utility-scale renewable energy schemes envisaged for development in the Sultanate in the coming years. According to a key official [...]
US-based GlassPoint Solar, a leading supplier of solar energy to the oil and gas industry, said it has signed a deal with Occidental of Oman for the development of a 2 GW solar thermal energy plant at the Mukhaizna oilfield in the sultanate. As the lead developer of the proposed [...]
Through its partnership with the National Aluminum Products Company (Napco), Oman’s largest aluminium provider, GlassPoint Solar, continues to generate sustainable in-country value (ICV) within the Sultanate. Building the Miraah solar plant with Petroleum Development Oman (PDO), GlassPoint is committed to developing a solar hub in Oman and contributing to the [...]
Another Middle Eastern country is warming up to concentrated solar power, with Oman planning to generate 90 megawatts of electricity from renewable projects by 2019, according to a top Siemens official in the country. Oman’s experiment with new models in partnership with the private sector and its eagerness in [...]
Petroleum Development Oman and GlassPoint Solar announced earlier this month the completion of the first block of one of the world’s largest solar plants, the 1,021 megawatt Miraah solar plant that will deliver 6,000 tonnes of steam per day for use on the Amal West oilfield in Oman. On [...]
GlassPoint Solar and partner Petroleum Development Oman (PDO), together building the 1-GW Miraah concentrated solar thermal park in Oman, announced today that the plant’s first block has successfully delivered steam to the Amal West oilfield. The project developers said in a joint statement that the first out of 36 [...]
GlassPoint Solar and partner Petroleum Development Oman (PDO) have used new designs and manufacturing methods to cut the cost of their 1 GW Miraah CSP enhanced oil recovery (EOR) plant by 55% compared with an earlier project, according to media reports. Glasspoint installed a 7 MWth solar-EOR plant at PDO’s [...]
