MUSCAT: Singapore-based Sembcorp Utilities Pte Ltd has successfully commenced the commercial operation of its Manah II Solar Independent Power Project (IPP) in Oman. The project, which completed acceptance tests more than four months ahead of schedule, boasts a peak installed capacity of 588 megawatts (MW), making it Sembcorp's largest utility-scale solar farm globally.
Manah II represents Sembcorp's first greenfield renewable energy development in the Middle East, reinforcing the company's commitment to expanding its clean energy initiatives in the region. The facility operates under a 20-year power purchase agreement with Nama Power and Water Procurement Company, supplying 500 MW of electricity.
This project aligns with Oman's strategic energy transition goals outlined in Oman Vision 2040, which aims to increase the share of renewable energy to 30 percent by 2030. The Manah II project plays a crucial role in diversifying Oman's energy mix and reducing reliance on fossil fuels.
For Sembcorp, the project is anticipated to enhance its earnings per share without significantly affecting its net tangible assets for the financial year ending December 31, 2024. The early completion of Manah II demonstrates Sembcorp's efficient project execution and commitment to global clean energy initiatives, further establishing Oman as a key player in the Middle East's sustainable energy transition.