On the morning of April 13 local time, witnessed by Oman’s Minister of Energy and Minerals Salim bin Nasser bin Said Al Aufi, Minister of Finance Sultan bin Salim bin Said al-Habsi, Chairman of the Public Authority for Special Economic Zones and Free Zones Dr. Ali bin Masoud Al Sunaidy, Minister of Commerce, Industry & Investment Promotion Qais bin Mohammed Al Yousef, and Secretary of the Party Committee and Chairman of Shanghai Electric Group Wu Lei, Shanghai Electric signed a comprehensive cooperation package with Oman’s Mawarid Group. The agreements include a wind power supply framework contract, technology licensing, and localized factory design.
Minister Salim highly praised Shanghai Electric’s technical strength and innovation in wind power, stating that the Oman government attaches great importance to its partnership with Shanghai Electric. Taking the signing of this wind power project as an opportunity, he expressed strong anticipation for further cooperation in energy storage, hydrogen energy, and photovoltaics, aiming to accelerate Oman’s energy transition.
Mr. Wu Lei expressed heartfelt gratitude to the Oman government and Mawarid Group for their trust. In his speech, he noted that Shanghai Electric adheres to the philosophy of “openness, coordination and win-win cooperation,” aiming to drive global energy transformation through innovation and international partnerships. Oman’s forward-looking Vision 2040 and green hydrogen strategy align perfectly with Shanghai Electric’s strategic development goals. He added that this project will serve as a starting point for integrating Shanghai Electric’s advanced technologies and high-quality products in new energy with Oman’s abundant resources and market potential. Through innovation in technology licensing and localized supply chain development, both sides will facilitate the implementation of more premium projects, inject strong impetus into Oman's energy transition, and jointly write a new chapter in China-Arab energy collaboration.
Prior to the signing, Wu Lei also held separate talks with Minister Salim and Mansour bin Talib Al Hinai, Chairman of the Authority for Public Services Regulation, to exchange views on deepening future cooperation.
The signing ceremony was attended by over 100 distinguished guests, including officials from the central government of Oman, Chairman of Oman’s Sovereign Wealth Fund, Chairman of Nama Holding, the Chairman of Oman Oil, Jin Xiaolong, member of the Party Committee and Vice President of Shanghai Electric, and Mustafa, CEO of Mawarid Group.