Masdar secures PPA for 200MW Jordan project

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email
A Masdar project in Mauritania. Source: Masdar.

Abu Dhabi’s clean energy firm Masdar has secured the power purchase agreement for a 200MW solar plant in Jordan.

The country’s National Electric Power Company has agreed to be the offtaker for the project, which will be the largest in Jordan once it is completed and one of the largest in the region. The agreed price per kWh has not been published.

“Today’s agreement further strengthens the deep-rooted cooperation between the Hashemite Kingdom of Jordan and the United Arab Emirates, and builds on the success of the region’s first utility-scale wind farm that Masdar and its partners inaugurated in the Kingdom last year,” said Dr Sultan Ahmed Al Jaber, UAE minister of state and chairman of Masdar.

“Meeting the region’s growing demand for power will require a diverse range of energy sources, and this solar project reinforces the role of renewable energy as an efficient and cost effective contributor to the global energy mix,” he added.

The plant will be connected to a sub-station just outside the capital Amman. Jordan is upgrading its high-voltage distribution network in order to integrate more renewable generation into the grid.

Masdar acts as developer, operator and investor in a number of renewable energy projects including offshore wind in the UK and more recently, as the joint-winner of Dubai’s 800MW PV tender alongside FRV.

Read Next

May 10, 2021
Tutly Solar, French energy giant Total Eren’s subsidiary in Uzbekistan, has been awarded an €87.4 million US$106.32 million) loan package to develop a utility-scale solar PV system in the country.
PV Tech Premium
May 3, 2021
Companies are purchasing solar, wind, and other forms of renewable energy more than ever before. The power purchase agreement (PPA) market in Europe has grown to a cumulative capacity of over 12GW, with a record 4GW signed in 2020. Corporate climate commitments are opening doors for investment in renewable energy, and continued price declines are convincing companies to sign new contracts. Is the European market ready to fulfil its potential? By Dr. Mercè Labordena, senior policy advisor at SolarPower Europe, and Milena Koot, communications advisor at SolarPower Europe
April 22, 2021
A round-up of the latest news from the US solar sector, including distributed solar specialist SunPower's return to large-scale power systems, panel maker Maxeon's share offering, and developer National Grid Renewables' PPA with Hershey, Home Depot and NRG.
April 21, 2021
Ingka Group, a retailer that runs the majority of IKEA stores, has allocated an additional €4 billion (US$4.8 billion) to invest in solar and wind plants.
April 14, 2021
While recent solar auctions in Spain and Portugal have made headlines with low prices and high levels of participation, the power purchase agreement market will be key to helping both countries reach their 2030 solar deployment targets, it was suggested during a panel discussion.
April 13, 2021
As energy markets continue to adapt and grow, energy arbitrage could overtake frequency markets as a key revenue stream for many co-located solar plus storage projects.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
May 11, 2021
Upcoming Webinars
May 26, 2021
Session 1 - 7:00 AM (BST) | Session 2 - 5:00 PM (BST)
Solar Media Events
June 15, 2021
Solar Media Events
July 6, 2021