A joint venture between Enviromena Power Systems and Spanish firm TSK has commissioned a 105MW solar PV project in Jordan, having received financing from the Abu Dhabi Fund for Development (ADFD).
Pacifico Energy has successfully completed the launch of its first solar investment fund — which is comprised of five Japanese solar power plants totaling over 100 MW.
The IFC has arranged a financing package of up to US$188 million for Jordan’s largest PV plant, a 200MWac / 248MWdc project developed by Masdar Abu Dhabi Future Energy Company.
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).
Wärtsila has signed off on an EPC contract that will see the company provide services for a 52MW PV project in Jordan. The installation is owned by AM Solar BV/Jordan — a joint venture between AES Jordan and Mitsui & Co.
The European Bank for Reconstruction and Development (EBRD) has provided a US$22 million loan for a 50MW solar PV project being developed by Acwa Power in the Risha region of Jordan.
Jordan has officially switched on the largest PV project ever to be developed in a refugee camp, with Reuters reporting that the 12.9MW project will provide renewable energy to nearly 80,000 Syrians.
Saudi Arabia has announced a US$500 billion investment for an industrial and business zone spanning 26,000 square km (10,230 square miles) over three countries, to be fully powered by solar energy and wind power.
ACWA Power has broken ground on the 72MW Noor Ouarzazate IV plant – the first phase of the Noor Solar Plan, which aims to develop 2GW of solar by 2020.
Saudi Arabian power engineering firm ACWA Power has signed a power purchase agreement (PPA) for a 61.3MW solar plant in eastern Jordan, which it claims has the lowest PV tariff in the country to date.
