Shanxi Installation Group Secures RMB1.50 Billion EPC Contract for 500 MW Oman Solar Project

Bulletin Express

Jul 15

On 14 July 2026, Shanxi Installation Group Co., Ltd. announced the signing of an Engineering-Procurement-Construction (EPC) general contracting agreement valued at approximately RMB1.50 billion for the 500 MW Al Kamil Phase I photovoltaic project in Oman. This marks the company’s inaugural large-scale venture in the Middle East.

The Al Kamil project, located about 230 km from Muscat International Airport and 440 km from Sohar Port, covers end-to-end EPC responsibilities, including design, manufacturing, procurement, logistics, construction, grid connection, commissioning, and 2.5 years of operation and maintenance.

Key counterparties comprise: • Power purchaser: Oman Power and Water Procurement Company SAOC (OPWP). • Developer: EDF Power Solution SA, a core subsidiary of EDF Group. • EPC general contractor: Shanxi Installation Group.

According to the board, the contract delivers three strategic benefits: 1. Entry into the Middle Eastern renewable-energy market, widening the group’s international footprint. 2. Deepened collaboration with EDF Group, advancing integration into the global new-energy value chain. 3. Strengthened core competitiveness in large-scale photovoltaic engineering, supporting the group’s overseas growth and long-term earnings potential.

The company’s overseas operations now span the Middle East, Southeast Asia, Central Asia and Africa. Shareholders and potential investors are advised to exercise caution when dealing in Shanxi Installation securities.

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Shareholders and potential investors are advised to exercise caution when dealing in Shanxi Installation securities.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"02520","symbol_name":"山西安装","start_time":0,"source_url":"","article_id":"1184404317","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1184404317","pubTimestamp":1784108969,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Bulletin Express","introduction":"Full Coverage of HK & US Stock Announcements","home_visible":1,"id":"1053168898","head_image":"https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e"},"summary":"On 14 July 2026, Shanxi Installation Group Co., Ltd. announced the signing of an Engineering-Procurement-Construction (EPC) general contracting agreement valued at approximately RMB1.50 billion for...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"02520":"山西安装"},"translate_title":"山西安装集团获得价值15亿元人民币的阿曼500兆瓦太阳能项目EPC合同","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02520":1},"content_text":"On 14 July 2026, Shanxi Installation Group Co., Ltd. announced the signing of an Engineering-Procurement-Construction (EPC) general contracting agreement valued at approximately RMB1.50 billion for the 500 MW Al Kamil Phase I photovoltaic project in Oman. This marks the company’s inaugural large-scale venture in the Middle East.\nThe Al Kamil project, located about 230 km from Muscat International Airport and 440 km from Sohar Port, covers end-to-end EPC responsibilities, including design, manufacturing, procurement, logistics, construction, grid connection, commissioning, and 2.5 years of operation and maintenance.\nKey counterparties comprise:\n• Power purchaser: Oman Power and Water Procurement Company SAOC (OPWP).  \n• Developer: EDF Power Solution SA, a core subsidiary of EDF Group.  \n• EPC general contractor: Shanxi Installation Group.\nAccording to the board, the contract delivers three strategic benefits:  \n1. Entry into the Middle Eastern renewable-energy market, widening the group’s international footprint.  \n2. Deepened collaboration with EDF Group, advancing integration into the global new-energy value chain.  \n3. 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