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Chinese Firm's $700M Solar PV Factory in Oman Insight

Last Update 10 July 2024

Oman plans $700mn for its first photovoltaic cell factory with Hainan Drinda New Energy targeting 10GW of TOPCon solar PV cells annually. This supports Oman’s goal to be a major green hydrogen producer, aiming for 30% renewable electricity by 2030. Drinda aims to enhance global market influence with 5GW annual N-type TOPCon cell capacity in Oman. Oman seeks to instal 40mn solar panels in Few Years

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