TotalEnergies, OQAE to Develop 300-MW Renewable Project in Oman [Yahoo! Finance]
TotalEnergies SE (TTE)
Company Research
Source: Yahoo! Finance
The electricity will be delivered through long-term power purchase agreements (PPA) to Petroleum Development Oman, the leading exploration and production company in the Sultanate. TotalEnergies and OQAE will take the lead in completing three renewable projects, with 49% and 51% of the total shares, respectively. North Solar, a 100 MW solar project in northern Oman's Saih Nihaydah, is the first project. Two 100 MW wind farms, Riyah-1 and Riyah-2, are situated in southern Oman's Amin and West Nimr fields. Construction will start in early 2025, and electricity production will begin in late 2026. These solar and wind projects will generate over 1.4 TWh of renewable electricity annually. TotalEnergies also contributes to the development of renewables in the country, such as the largest solar photovoltaic system built to provide power for a desalination plant in Oman, in the city of Sur, in joint-venture with Veolia. To reach net zero by 2050, TotalEnergies is developing a world-cl
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TTE
Earnings
- 10/31/24 - Miss
TTE
Sec Filings
- 12/2/24 - Form 6-K
- 11/7/24 - Form SC
- 11/1/24 - Form 6-K
- TTE's page on the SEC website