Saudi energy company ACWA Power announced that the 61.3 MWp Risha PV IPP project achieved financial close on 20th December 2017.The financing comprises senior loans of US$ 22 million from the European Bank for Reconstruction and Development (EBRD) and US$ 16 million each from Deutsche Investitions- Und Entwicklungsgesellschaft Mbh (DEG) and Arab Bank to Risha for Solar Power Projects PSC.
Finnish technology group Wärtsilä today announced it has signed an EPC contract to supply a 52 MWp solar photovoltaic (PV) power plant to AM Solar BV/ Jordan, a joint venture between energy provider AES Jordan and Japanese conglomerate Mitsui & Co., Ltd. The order was booked in November 2017.
The Ministry of Energy and Mineral Resources of Jordan (MEMR) awarded last Sunday the construction of the largest photovoltaic plant to date in the country to the the consortium formed by the Spain’s TSK Group and UAE’s Enviromena Power Systems , as the main project forming part of the ambitious Jordanian development plan for renewable energies, which has set a target of 10 per cent of the country’s energy supply to come from renewable sources by 2020.
Martifer Solar, a subsidiary of Martifer SGPS, will begin construction of a 57 MWp portfolio of solar PV projects in Jordan. The portfolio consists of four projects, which were awarded successfully with Power Purchase Agreements (PPAs) under Round 1 of Jordan’s National Renewable Energy Plan.