The Masdar Oman solar project has marked a historic milestone with the Ibri III solar project, Oman’s first utility-scale solar venture.
Signed on September 20, 2025, by Nama Power and Water Procurement (PWP), the Masdar Ibri III project brings together a powerhouse consortium of Abu Dhabi Future Energy Company PJSC (Masdar), Al Khadra Partners, Korea Midland Power Co. Ltd (KOMIPO), and OQ Alternative Energy (OQAE).
This Oman solar battery storage initiative, blending a 500 MW solar plant in Oman with 100 MWh battery storage in Oman, will power 33,000 homes and slash 500,000 tonnes of CO₂ annually, aligning with Oman Vision 2040 renewables goals.
The Ibri III Project: A Solar Powerhouse
The Ibri III solar project, located in Al-Dhahirah Governorate, is Oman’s first utility-scale solar and battery storage facility.
Led by Masdar consortium partners, including Al Khadra Partners, KOMIPO, and OQAE, the project combines a 500 MW solar plant in Oman with a 100 MWh battery storage system in Oman to ensure stable power delivery.
This Oman solar battery storage setup enables round-the-clock energy supply, addressing peak demand and grid reliability in a nation historically reliant on fossil fuels.
The Masdar Ibri III project is expected to generate 1,200 GWh annually, enough to power 33,000 homes, while cutting CO₂ emissions equivalent to removing 100,000 cars from the road.
“Ibri III sets a new standard for renewable energy in the Gulf,” said Masdar’s CEO in a statement on September 21, 2025.
This initiative supports Oman’s renewable energy 2030 targets, aiming for 30% renewable energy in the national mix by the decade’s end.
Strategic Partnership and Vision
The Nama PWP Ibri III power purchase agreement underpins the project, with Nama Power and Water Procurement securing a 20-year contract to buy electricity from the consortium.
The Masdar consortium partners bring global expertise: Masdar’s track record in 40+ countries, KOMIPO’s energy innovation, Al Khadra’s local market insights, and OQAE’s role as Oman’s renewable energy champion.
This collaboration aligns with Oman Vision 2040 renewables, diversifying the economy from oil and gas.
The Oman utility-scale solar project also creates economic ripple effects, generating 300 direct jobs during construction and 50 permanent roles, boosting local skills in Al-Dhahirah.
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The 100 MWh battery storage Oman component, a first for the region, positions Oman as a leader in integrated renewable systems, attracting further Oman renewable energy 2030 investments.
Environmental and Economic Impact
The Masdar Oman solar project delivers dual benefits: environmental sustainability and economic growth. By cutting 500,000 tonnes of CO₂ yearly, Ibri III supports Oman’s net-zero-by-2050 pledge.
The Oman solar battery storage system ensures energy stability, reducing reliance on gas-fired plants. Economically, the project draws $400M in foreign direct investment, reinforcing Oman’s appeal for green tech funding.
Challenges like high upfront costs and desert dust affecting solar efficiency persist, but Masdar’s advanced panel-cleaning tech and battery integration mitigate these.
The Oman utility-scale solar model could inspire similar projects across the Gulf, where renewables lag despite abundant solar potential.
A Blueprint for Oman’s Renewable Future
The Ibri III solar project is a cornerstone of Oman Vision 2040 renewables, with plans for two more solar projects by 2027 to hit 4,000 MW capacity.
The Masdar Ibri III project sets a precedent for public-private partnerships, as Nama Power and Water Procurement eyes $5B in renewable investments by 2030.
For global investors, the 500 MW solar plant in Oman signals a scalable, ESG-aligned opportunity in a region pivoting to green energy.
Ronnie Paul is a seasoned writer and analyst with a prolific portfolio of over 1,000 published articles, specialising in fintech, cryptocurrency, climate change, and digital finance at Africa Digest News.
FAQs
Did Masdar launch the Ibri III solar independent power project?
Yes, the Masdar Ibri III solar independent power project is Oman’s first Oman utility-scale solar venture, led by Masdar with Al Khadra Partners, KOMIPO, and OQAE, signed on September 20, 2025.
Is there a consortium to build Oman’s first solar and battery project?
The consortium to build Oman’s first solar and battery project includes Masdar consortium partners Masdar, Al Khadra Partners, KOMIPO, and OQAE for the Oman solar battery storage initiative.
Is Korea Midland Power (KOMIPO) involved in an Oman project?
Yes, Korea Midland Power (Komipo) Oman project sees KOMIPO as a key partner in the Ibri III solar project, contributing expertise to the 500 MW solar plant in Oman.
Are Al Khadra Partners part of the Masdar consortium?
The Al Khadra Partners Masdar consortium collaborates on the Masdar Ibri III project, bringing local insights to Oman’s first Oman solar battery storage facility.
Is OQ Alternative Energy involved in Ibri III solar?
Yes, OQ Alternative Energy Ibri III Solar is a core partner in the Masdar Oman solar project, advancing Oman Vision 2040 renewables goals.
What is the renewable energy investment in Oman by Masdar?
The renewable energy investment in Oman by Masdar includes the Ibri III solar project, a $400M Oman utility-scale solar venture to power 33,000 homes.
What is the Nama PWP Ibri III power purchase agreement?
The Nama PWP Ibri III power purchase agreement is a 20-year contract by Nama Power and Water Procurement to buy electricity from the Ibri III solar project, ensuring stable returns.
