German investors plan $2 billion solar energy project in Oman

International partners in Technology Siemens AG is a global powerhouse in electronics and electrical engineering, operating in the industry, energy and healthcare sectors. For over 160 years, Siemens has stood for technological excellence, innovation, quality, reliability and internationality. The company is the world's largest provider of environmental technologies. More than one-third of its total revenue stems from green products and solutions.

Siemens AG has already signaled its high interest in the project at various levels. Siemens AG, Solar and Hydro Division is keen to act as the EPC contractor to provide the Pv-powerplant as a turnkey solution with strong preference for local supplies and services, thus being the basis for the establishment of the industrial resources required by the Sultanate to be a fully independent solar energy producer. “With global technology partners such as Siemens AG, this project is going to benefit from their strong technical expertise.” said Heimhofer.

This project is set to create over 2000 work opportunities for Omanis over diverse industrial sectors and services. In order to increase the skillset of the local population to help service these new jobs, a well-known European University is proposed to setup an educational institution in the Sultanate that specialises in the field of renewable energy engineering.

Apart from this international prestigious university, Terra Nex is also proposing training opportunities with global companies such as Siemens. Giving them real-world expertise, the German technology partners and suppliers are committed to train the Omani youth in their technologically advanced factories.

“The new institute for solar energy in conjunction with international training will give the Sultanate the necessary expertise and well educated human capital to establish a manufacturing base with the ability to produce and export clean energy to regional countries, and gives the Omani youth a competitive edge in the region job market. These new jobs will create a new revenue stream for the national economy and help place Oman as a leader in the field of the renewable power technology sector; an expertise that will be marketable in the region,” the local partner said.