A 30% stake in the largest solar power project under development in Jordan has been bought by Taaleri Group, which will participate in the construction and operation of the solar plant alongside the majority shareholder Abu Dhabi Future Energy Company (Masdar).
The 200MWac / 248MWdc Baynouna project will be one of the largest solar developments in the Middle East when it reaches full operations in the first quarter of 2020 at a total project cost of €210 million (~US$252 million).
Petri Isotalus, investment director at Taaleri Energia, said: “Taaleri is very pleased to invest in this significant industrial scale solar PV project alongside Masdar, one of the strongest renewable energy companies in this industry.
“Jordan has world-class solar resources and reliable contractual framework for renewable energy. We are very excited to start the construction and production of sustainable and competitive solar power electricity and support Jordan in meeting its renewable energy targets.”
Masdar, a renewable energy corporation fully owned by Mubadala Investment Company, retains its status as majority shareholder of the project, which will sell its generated electricity to the Jordanian National Electric Power Company (NEPCO) under a 20-year power purchase agreement secured in October.
The present study analyses the levelized cost of electricity (LCOE) of PV utility-scale power plants in the first quarter of 2018. It compares different Jinko modules technologies and shows their future developments till 2020 based on technology and market scenarios. Speaker information: Roberto Murgioni holds a BSc in Electrical Engineering and a Masters of Renewable Energies Engineering. Roberto is responsible for the pre-sales and after-sales activities around Europe. Before Joining Jinko he held a variety of similar positions with Trina and ET solar. Prior to that he covered several roles in the engineering dept. starting in Milan and then Munich as a Project Electrical Engineer for various EPC companies, managing large PV power plant projects in EU and LATAM. If you have any questions you would like to direct to Jinko prior to the webinar, please send them through to Oliver Amos at Solar Media: firstname.lastname@example.org