Latest news with #BarkaV
Zawya
4 days ago
- Business
- Zawya
Oman: GS Inima secures financing for solar PV plant at Barka
Muscat – GS Inima, a Spain-based global leader in water infrastructure development and the operation of desalination and wastewater treatment plants, has secured the necessary financing to construct a 6.3MWp photovoltaic (PV) plant at the Barka V desalination facility in Oman. This milestone will support the integration of renewable energy into essential infrastructure and reinforces the company's commitment to sustainable water management. The company said that the adoption of renewable sources such as solar power is particularly relevant in countries like Oman, where high temperatures, strong solar irradiance, and the need to ensure sustainable access to water make such solutions vital. 'Integrating clean energy into infrastructure such as Barka V enables the optimisation of resource use, the reduction of carbon emissions, and progress towards a more environmentally sustainable energy model,' GS Inima said in a statement on its website. The new facility, designed for self-consumption, will supply approximately 11% of Barka V's energy needs until 2044. Covering an area of 40,000 square metres, it will be designed, constructed, operated, and maintained by GS Inima. The financing has been made possible with the support of COFIDES, a Spanish public-private entity that promotes the internationalisation and sustainability of businesses by providing funding for overseas investment projects. Operational since June 2024, Barka V is GS Inima's first project in the Middle East. With a production capacity of 100,000 cubic metres per day, it supplies water to over 800,000 residents in the Muscat and Batinah regions – two of the most densely populated areas in the Sultanate. Barka V will be the second project in Oman to incorporate solar power into the desalination process, further enhancing GS Inima's leadership in developing more efficient and environmentally friendly hybrid solutions. Juan José Benayas, CEO of GS Inima Barka 5 Desalination Company, said, 'The financing of the Barka 5 photovoltaic plant marks the culmination of a project that began in 2022. In addition to reaffirming our environmental commitment, GS Inima enhances the profitability of the Barka 5 desalination plant, which is fully owned by the company, and strengthens our presence in the Middle East. COFIDES' support has been crucial, and we would like to express our sincere gratitude to the entire COFIDES team who collaborated with us during this phase of the project.' With this latest achievement, GS Inima consolidates its international leadership in integrated water cycle solutions and continues to invest in resilient, sustainable infrastructure designed to meet future challenges. © Apex Press and Publishing Provided by SyndiGate Media Inc. (
Zawya
12-06-2025
- Business
- Zawya
Oman: Funding secured for Barka V desalination plant
Muscat: Madrid-headquartered GS Inima has secured financing to build a 6.3 MWp photovoltaic plant at the Barka V desalination facility in Oman, marking a significant step towards integrating renewable energy into critical infrastructure. In a statement, the company said the project aligns with its commitment to a sustainable water management model, particularly in regions like Oman where solar potential is high and water demand is critical. 'The financing of the Barka V photovoltaic plant culminates the development of this project, which began in 2022. In addition to reaffirming its environmental commitment, GS Inima optimises the profitability of the Barka V desalination plant project, 100 per cent owned by GS Inima and consolidates its presence in the Middle East. COFIDES' support in the investment of this project has been decisive and we want to express our gratitude to the entire COFIDES team that has collaborated with GS Inima during this phase of the project,' said Juan José Benayas, CEO of GS Inima Barka V Desalination Plant. The new solar facility, intended for self-consumption, will supply approximately 11 per cent of the desalination plant's energy needs through 2044. Spanning 40,000 square metres, the solar installation will be designed, built, operated and maintained entirely by GS Inima Barka V Desalination Co SAOC, a wholly-owned subsidiary of Spanish-based international water infrastructure company GS Inima Environment. Funding support came from COFIDES, a Spanish public-private entity that helps promote sustainable international investments by Spanish companies. Their backing was key to advancing the solar integration effort, which further cements GS Inima's presence in the Middle East. Barka V, which became operational in June 2024, is GS Inima's first project in the region. The plant produces 100,000 cubic metres of potable water per day — enough to serve more than 800,000 people in Oman's Muscat and Al Batinah South & North Governorates. This will be GS Inima's second project in Oman to incorporate solar power into the desalination process, reinforcing the company's role in pioneering hybrid solutions that reduce carbon emissions and enhance resource efficiency. The solar-powered desalination model is particularly relevant for Oman, where abundant sunlight, high temperatures and growing water demands make clean energy solutions both practical and strategic. GS Inima says the Barka V project will not only reduce the plant's carbon footprint but also contribute to Oman's broader sustainability goals. With this new milestone, GS Inima continues to expand its global leadership in integrated water cycle solutions, while promoting resilient infrastructure that supports long-term environmental and operational sustainability.
