Oman signs landmark deal for wind turbine factory in Duqm

Mawarid secures land for wind turbine plant in Oman

Oman’s Public Authority for Special Economic Zones and Free Zones has signed land agreements with Mawarid Turbine, a local manufacturer, to establish a wind turbine manufacturing and assembly plant in the Special Economic Zone at Duqm. Oman aims to localise the wind energy sector to meet green energy targets under the country’s Vision 2040 plan. The first phase of the project is valued at OMR70 million ($182 million) and includes the manufacturi…

Oman signs landmark deal for wind turbine factory in Duqm

MUSCAT – The agreements, signed by His Excellency Qais bin Mohammed Al Yousef, Chairman of the Authority, and Mustafa bin Mohammed Al Hinai, CEO of Mawarid Turbine Company, also cover plans to install six turbines to generate clean energy for the facility. Under the usufruct agreements, the company acquired three plots of land: one for the factory, one for a single wind turbine, and another for installing five turbines. Additional agreements are…