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The GCC’s first large-scale wind farm is set to be built in Oman, following a joint development agreement between Masdar, Abu Dhabi’s renewable energy company, and Oman’s Rural Areas Electricity Company (RAECO).
The project is indicative of the region’s increased investment in renewables. In a bid to diversify the energy mix long term, Arabian Business reported that investments in solar, nuclear and wind energy are anticipated to reach $100bn in the next five years. The 50-mega watt wind farm in Oman – costing $125m – will certainly go some way to reaching this amount. It has been estimated that the project, due to be constructed in the country’s Dhofar Governorate, will generate electricity to power 16,000 homes per year, as well as mitigating 110,000 tonnes of CO2 each year. Construction is due to commence in the final quarter of 2015.
Published: 30-10-14
