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Oman: National Finance backs Sheida's solar panel project


//business-finance.news-articles.net/content/202 .. -finance-backs-sheida-s-solar-panel-project.html
Published in Business and Finance on Wednesday, December 4th 2024 at 14:08 GMT by Bill Williamson   Print publication without navigation

  • The funding facilitates Sheida Industries in procuring raw materials essential for the production of solar panels

Oman National Finance (ONF) has provided financial backing for Sheida International's solar panel project, which aims to install solar panels on the rooftops of 100 homes in Oman. This initiative is part of a broader effort to promote sustainable energy solutions in the region. The project not only supports environmental conservation by reducing carbon footprints but also offers homeowners a chance to lower their electricity bills through renewable energy. The financing from ONF underscores their commitment to supporting green initiatives and fostering economic diversification in line with Oman Vision 2040. This collaboration highlights the growing trend of integrating financial services with sustainable development goals in the Middle East.

Read the Full Zawya Article at:
[ https://www.zawya.com/en/business/banking-and-insurance/oman-national-finance-backs-sheidas-solar-panel-project-ollzpspq ]

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