ACWA Power-led Consortium, OPWP Inaugurate Ibri 2 PV IPP – MEP MiddleEast

ACWA Power-led Consortium, OPWP Inaugurate Ibri 2 PV IPP – MEP MiddleEast

A consortium consisting of ACWA Power – a leading developer, investor and operator of power generation, desalinated water and green hydrogen plants – Gulf Investment Corporation (GIC), and Alternative Energy Projects Co (AEPC), has inaugurated Ibri 2, the first solar independent power project (IPP) to be launched Oman’s national renewable energy programme and connected to the main national grid.

The consortium will produce renewable energy over a 15-year period for the Oman Power and Water Procurement Company (OPWP).

The project is a significant step towards achieving the Oman 2040 Vision, which includes 20% of renewable energy production by 2030 and up to 39% by 2040, as well as protecting natural resources in the Sultanate.