Oman’s Naqaa Finalizes PPA for 2.7 GW Hybrid Solar, Wind, and Battery Project – IndexBox

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A renewable energy company based in Oman has finalized a power purchase agreement for a large-scale hybrid project in Mahout and Duqm. Naqaa Sustainable Energy, the firm behind the deal, reached the agreement through its O-Green platform with Nama Power and Water Procurement, the state-owned utility managing electricity and water in the sultanate.
The project combines solar photovoltaic panels, wind turbines, and battery energy storage systems to deliver consistent green electricity to Oman’s national grid. Its total installed generation capacity stands at 2.7 gigawatts. According to the two companies, the initiative aims to bolster Oman’s renewable energy infrastructure and support the growth of energy-intensive sectors such as data centers, advanced computing technologies, and green fuel production.
This development aligns with Oman Vision 2040, the country’s long-term strategy to expand clean energy adoption and reduce carbon emissions across industrial activities. Naqaa, via its O-Green platform, currently manages over 11 gigawatts of solar and wind energy capacity within its portfolio in Oman.
Outside Oman, the company also operates in Botswana. Recently, Naqaa announced plans for a 500-megawatt solar PV plant in that country. That facility will include 500 megawatts of solar capacity coupled with a 500-megawatt-hour battery storage system. The Botswanan government expects the plant to start commercial operations in 2029, and the project is considered a key step toward the nation’s target of reaching 1.5 gigawatts of operational renewable energy capacity by the end of the decade.
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