Key Market Indicators
Omani renewable energy generation is projected to nearly double by 2028, reaching approximately 0.6 terawatt-hours. This marks a significant increase from the 0.3 terawatt-hours recorded in 2023. The sector is expected to grow at an average annual rate of 10%. Since 2018, renewable energy supply in Oman has surged by nearly 80% each year. This robust growth trajectory underscores the nation's commitment to expanding its renewable energy capabilities and reducing its reliance on traditional energy sources. The rapid expansion aligns with global trends towards sustainable energy solutions, positioning Oman as a key player in the regional renewable energy landscape.