Q-SUN Solar Signs JV with Bakarat Investment for 10 GW Solar PV Project in Sohar Freezone
The output from the new project will be targeted to meet Oman’s significant requirement of PV cells and modules as the Sultanate accelerates its energy transition in line with Net Zero goals.
August 02, 2024. By News Bureau
Q-SUN Solar, in its statement, said, “This collaboration will provide significant production support for Q-SUN as it expands into new international markets. This move will not only enhance Q-SUN Solar's global presence but also meet the growing global demand for solar modules. By setting up a production base in Oman, Q-SUN can better serve the Middle East and other international markets, thereby increasing our competitiveness in the global solar industry.”
In another statement, Q-SUN Solar stated that the proposed Sohar Freezone project is expected to have 8 GW of PV module manufacturing capacity alongside 2 GW of PV cell production capacity. These capacities will be able to cater to both TOPCon (tunnel oxide passivated contact) and HJT (heterojunction) technology-based requirements.
The output from the new project will be targeted to meet Oman’s significant requirement of PV cells and modules as the Sultanate accelerates its energy transition in line with Net Zero goals. Solar power capacity will provide the majority of the required capacity of renewable energy for the national grid, while hundreds of millions of solar panels will be required for Oman’s future green hydrogen industry.
Commenting on the project’s beneficial impacts for Oman, Qin Wenming, Chairman of Q-SUN Solar, said, "Q-SUN Solar's investment in Oman reflects our determination and commitment to driving the global PV industry through innovation and strategic partnerships. This cooperation with Bakarat Investment not only supports Oman's renewable energy transition goals but also represents an important layout in our sustainable energy development strategy for the Middle East and other regions. Establishing an advanced PV module and cell facility in Oman enhances local manufacturing capabilities, promotes knowledge transfer by involving local youth, and spreads the craftsmanship and spirit of Chinese manufacturing to every corner of the world."
Ahmed bin Saud al Salmi, CEO of Bakarat Investment, added, "Q-SUN Solar's collaboration is a significant milestone for Oman's renewable energy sector. It demonstrates our commitment to introducing cutting-edge technology, supporting the goals of 'Vision 2040' with concrete actions, and promoting economic growth through job creation and technological advancement.”
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