Hoymiles Plans 100 Million Dollar Solar Inverter Factory in Oman Partnership
Chinese power electronics maker Hoymiles has announced plans to build Oman's first dedicated solar inverter manufacturing facility through a $100 million partnership. The agreement was signed with the Oman Investment Authority, PCG Global, and Greenwill Asset Management. In addition to inverters, the consortium aims to develop solar installations, energy storage, and power infrastructure for artificial intelligence data centres.

