(Bloomberg) — Petroleum Development Oman, in which Royal Dutch Shell Plc and Total SA hold minority stakes, has begun receiving power from the Gulf Arab country’s largest photovoltaic solar plant.The 100-megawatt Amin facility, built partly by Marubeni Corp., will supply electricity for PDO’s operations, the state-run company said Sunday in a statement. PDO targets producing 30% of its electricity from renewable resources by 2025, Mohamed Al Busaidi, who heads its renewables business, said by phone.Oman, like neighboring Saudi Arabia and the United Arab Emirates, is expanding into solar energy to diversify its domestic sources of electricity. The nation is the …read more
Source:: Yahoo Finance
