Sembcorp's solar project in Oman clears acceptance test and is ready for commercial operation

The Edge Singapore

2024-12-30

The project is backed by a 20-year 500MW power purchase agreement with Oman and will be earnings accretive to Sembcorp

Sembcorp Industries says its solar project in Oman has completed its acceptance tests and is ready for commercial operation - more than four months ahead of schedule.

The Manah II Solar Independent Power Project in Manah is Sembcorp’s first greenfield renewables development in the Middle East.

The project is backed by a 20-year 500MW power purchase agreement with Nama Power and Water Procurement Company and will be earnings accretive to Sembcorp.

With an installed peak capacity of 588MW, it is Sembcorp’s largest utility-scale solar farm in its global renewables portfolio.

Sembcorp shares changed hands at $5.52 as at 1.56 pm, up 1.28% thus far today and up 3.37% year to date.

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more than four months ahead of schedule.</p>\n<p>The Manah II Solar Independent Power Project in Manah is Sembcorp’s first greenfield renewables development in the Middle East. </p>\n<p>The project is backed by a 20-year 500MW power purchase agreement with Nama Power and Water Procurement Company and will be earnings accretive to Sembcorp.</p>\n<p>With an installed peak capacity of 588MW, it is Sembcorp’s largest utility-scale solar farm in its global renewables portfolio.</p>\n<p>Sembcorp shares changed hands at $5.52 as at 1.56 pm, up 1.28% thus far today and up 3.37% year to date.</p>\n<div class=\"bt-text\">\n<p> 來源：<a href=\"https://www.theedgesingapore.com/news/energy/sembcorps-solar-project-oman-clears-acceptance-test-and-ready-commercial-operation?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">The Edge Singapore </a></p>\n<p>為提升您的閱讀體驗，我們對本頁面進行了排版優化</p>\n</div>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SG9999014484.SGD","symbol_name":"Nikko AM ASEAN Equity Fund A SGD","start_time":0,"source_url":"https://www.theedgesingapore.com/news/energy/sembcorps-solar-project-oman-clears-acceptance-test-and-ready-commercial-operation?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","article_id":"2495857501","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2495857501","pubTimestamp":1735509548,"columns":[],"sourceInfo":{"source_id":"edge_highlight","name":"Edge"},"weMediaInfo":null,"summary":"The project is backed by a 20-year 500MW power purchase agreement with Oman and will be earnings accretive to Sembcorp","collect":0,"end_time":0,"defaultTopTitle":"theedgesingapore.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"SG9999014484.SGD":"Nikko AM ASEAN Equity Fund A SGD","BK6113":"复合型公用事业","SG9999004360.SGD":"Nikko AM Shenton Thrift Fund SGD","IE00BYTNYN87.SGD":"PINEBRIDGE ASIA EX JAPAN SMALL CAP EQUITY \"A5\" (SGD) ACC","IE00BYQNZ168.SGD":"PINEBRIDGE ASIA EX JAPAN SMALL CAP EQUITY \"A5CP\" (SGD) ACC","SG9999014492.USD":"NIKKO AM ASEAN EQUITY \"A\" (USD) ACC","SG9999001135.SGD":"United ASEAN Fund SGD","SGXZ27511609.SGD":"NIKKO AM SINGAPORE DIVIDEND EQUITY \"SGD\" (SGD) ACC","SG9999011746.SGD":"PINEBRIDGE INTERNATIONAL FUNDS - 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