Home » OQ Group details renewable energy project pipeline

OQ Group details renewable energy project pipeline

by Madaline Dunn

The global integrated energy group of the Sultanate of Oman, OQ, has announced plans for a pipeline of renewable energy projects totalling more than 5 gigawatts (GW) of capacity by 2030.

This will be implemented in phases, with the first phase pegged to equate to 400 MW of renewable energy capacity, under the “Renewable Energy National Champion Mandate.”

This is being led by OQ Alternative Energy (OQAE).

The projects in the first phase are set to reach Final Investment Decision (FID) within 2024, according to OQ’s 2023 Annual Report.

The report also detailed how, throughout 2023, OQAE worked with key players in the green hydrogen ecosystem to structure solutions and progress with developments.

Indeed, last year, it signed a number of project development agreements (PDAs) with Hydrom for legacy green ammonia export projects such as Hyport Duqm, Green Energy Oman (GEO), and SalalaH2, alongside other strategic partnerships.

In addition to this, the report notes that a concept study for a green hydrogen refuelling station (GHRS) pilot project was concluded with a consortium of public and private sector partnerships.

This is aimed at testing technologies, developing green hydrogen project experience, establishing operational safety protocols, and shaping regulatory frameworks.

Alongside this, it shared that it has developed an opportunity pipeline in other low-carbon vectors beyond green hydrogen in biogenic fuels such as e-Sustainable Aviation Fuel (SAF) and e-Methanol.

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