O-Green, a next-generation green infrastructure platform jointly owned by Naqaa Sustainable Energy and OQ Alternative Energy, has announced the financial close of what is being described as the largest solar energy project serving industrial cities in the Sultanate of Oman.
The milestone marks a key step in the country’s renewable energy transition, with the 93MW solar project developed in partnership with the Public Establishment for Industrial Estates (Madayn) at Sohar Industrial City.
The project spans 1.45 million sq m and is designed to supply clean electricity to more than 200 industrial facilities operating within the industrial zone. According to O-Green, more than 60% of construction has already been completed, including the installation of nearly 150,000 solar panels across multiple phases. Commercial operations are expected to begin in September.
The financial close ceremony was held under the patronage of Mohsin Hamad Al Hadhrami, Undersecretary of the Ministry of Energy and Minerals.
The project is being financed by Ahli Islamic Bank, highlighting the growing role of sustainable finance in enabling large-scale renewable energy infrastructure across the region.
In a parallel development, O-Green also signed an agreement with Arab Open University to develop a solar power plant at the university campus. The agreement was signed by Prof. Mohamed Hamdan Al Badi on behalf of the university and Mustafa Mohammed Al Hinai on behalf of O-Green.
The Sohar solar project is the first in Oman to directly supply industrial cities with solar power under a dedicated supply model, supporting industrial decarbonization efforts and contributing to national carbon reduction targets.
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