- United Solar Holding Inc. is constructing a polysilicon factory in SOHAR Port and Freezone (SOHAR), in the Sultanate of Oman.
- The USD 1.35 billion landmark project is set to be one of the world’s largest and the Middle East’s first with an annual production capacity of 100,000 tons.
- Expected to commence operations in 2025, the project underscores a vision for sustainable growth and development.
The polysilicon factory represents a critical advancement in the production of high-quality solar panels, semiconductors and modules that will diversify the Omani economy and accelerate industrialization, aligning seamlessly with SOHAR’s drive to foster a green energy sector. By manufacturing materials that reduce solar panel costs, this project is expected to lower operational expenses within the sector, ultimately leading to decreased energy prices and in-turn attract global investments.
According to a polysilicon market source based in China, the primary advantage of the Oman project, as a polysilicon plant outside of China, stems from its cost-effectiveness strategy. The production equipment was sourced from China and China National Chemical Engineering Sixth Construction was engaged as the project contractor. The latter has worked on numerous polysilicon projects by major Chinese companies. Furthermore, the industrial park housing the Oman polysilicon project accommodates an additional metal silicon project with an annual production capacity of 50,000 MT, further contributing to cost reduction of the polysilicon project, the source added.
Today, SOHAR Freezone is home to various industries from 53 countries reinforcing its position as an engine of economic diversification. The total investment in 2023 grew by 30% and land occupancy grew by 19% compared to 2022. With 85% of Phase I fully leased, Phase II is underway offering a total land area of up to 675 hectares, aiming to meet the expanding needs for industrial and commercial space. The Freezone’s commitment to fostering key industries ranging from petrochemicals and plastics to metals and minerals, and extending to food and pharma, as well as marine services exemplifies its multifaceted value offering.
Author: Bryan Groenendaal
