Daily Newsletter

13 September 2023

Daily Newsletter

13 September 2023

EDF and KOWEPO break ground on solar PV plant

The plant will assist Oman in achieving its 2030 climate objectives.

September 13 2023

Renewable energy provider EDF Renewables and consortium partner Korea Western Power (KOWEPO) have broken ground on a new 500MW Manah 1 solar photovoltaic (PV) power plant in Oman.

The companies have appointed global energy company Worley as the owner engineer for this project, according to information in a press release published via Zawya.

Worley will team up with the Wadi Noor Solar Power Company to hand over the PV plant on schedule as per market standards.

EDF Middle East CEO Olivier Bordes said: “This project demonstrates EDF Renewables support for Oman’s Vision 2030 objectives and its climate goals.

“Sustainability, low-carbon innovative solutions and nurtured local knowledge are the cornerstone for EDF Renewables.

“We will continue to work with the Sultanate of Oman’s Government on driving its clean energy transition while supporting the sultanate in reaching its renewables capacity target of 30% by 2030.

“Moreover, once fully operational the project will considerably contribute to power with clean electricity [for] 50,000 Omani homes while offsetting over 780,000t of CO₂ per year.”

Stretching across more than 7.8km² in the Al Dakhiliyah Governorate, the plant is said to be a key component for the solar sector of Oman.

KOWEPO Middle East Overseas Business managing director Ko Youn Ho said: “We will do our best to work alongside our partner to ensure the smooth implementation of the Manah 1 project to satisfy the energy transition plan in Oman.”

South-East Asia Construction Market Dynamics

Per GlobalData analysis, the South-East Asia construction industry in 2023 is dominated by Indonesia, though the country will see a slowdown compared to 2022 due to elevated building material prices, weak commercial property demand, high interest rates and a softening of external demand. The construction industry in the Philippines is estimated to register a AAGR of 7.2% between 2024 and 2027, supported by the government’s focus on the development of the country’s rail and road transport and energy infrastructure.

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