On July 16, 2026, in Muscat, the capital of Oman, the Future Fund under the Oman Investment Authority officially announced a strategic investment portfolio of $1.744 billion, covering 105 projects. Among them, the Orion Solar integrated photovoltaic manufacturing project located in the Suhar Free Trade Zone became the focus of the entire event - the approval of this first complete photovoltaic industrial park in the Middle East marks the accelerated closure of the entire industry chain from polycrystalline silicon to modules in Oman, and the model of Chinese technology combined with Omani manufacturing and global market is moving from drawings to reality.

Six gigawatts of production capacity fills the gap in the Middle East

The Orion Solar project plans to construct an integrated manufacturing facility with an annual production capacity of 6GW solar cells and 3GW modules, making it the first of its kind in the Middle East. The project is located in the Suhar Free Trade Zone and is supported by Chinese investors, with an estimated investment of approximately 572 million US dollars. The Gallant industrial project, which has been synchronously implemented, plans to produce 66000 tons of lithium iron phosphate cathode materials annually, directly positioning itself as a key node in the global new energy industry chain.

Accelerating the closure of the entire industry chain puzzle

In February 2026, the largest overseas polycrystalline silicon production base - United Solar Energy's Oman annual production of 100000 tons of polycrystalline silicon project has been put into operation in the Suhar Free Trade Zone, which can support about 40GW of module production capacity. The 6GW high-efficiency battery and 3GW module projects invested by JA Solar Technology have been put into operation one after another, and Hainan Junda's 5GW high-efficiency battery production capacity plan is for commercial production by 2026. The complete photovoltaic and energy storage manufacturing chain is taking shape, from polycrystalline silicon to solar cells, components, and LFP materials. Keywords: the Belt and Road news, photovoltaic

Free Trade Zone Policy Boosts Global Markets

The Suhar Free Trade Zone provides policies such as 100% foreign investment permission, 10-year renewable corporate income tax reduction, and tariff exemption. Combined with the free trade agreements between Oman and major European and American economies, products can enter multiple markets with zero tariffs. Oman's Vision 2040 sets a target of 60% to 70% renewable energy installed capacity, with Orion Solar's production capacity directly serving local energy transformation and regional market exports. Chinese equipment manufacturers can pay attention to the supply windows of silicon wafers, silver paste, photovoltaic glass, adhesive films and other categories, and the LFP positive electrode material track will be launched simultaneously.Editor/Gao Xue