Yellow Door Energy, a leading commercial solar developer in the Middle East, has signed a solar agreement with Aqaba Special Economic Zone Authority (ASEZA).
Global energy development company, RAI Energy International, Inc., based in California and with regional offices in Jordan, announced that Jordan’s Ministry of Energy & Mineral Resources (MEMR) selected RAI Energy to develop a 50-megawatt (MW) project in Jordan as part of MEMR’s ‘Initial Ranking for the Qualified Bidders for Direct Proposals Submission for Solar PV Projects/Round III based on Base Proposals (50) MW’.
The Government of Jordan, along with Abu Dhabi’s Enviromena Power Systems and TSK of Spain, inaugurated on April 28 the Quweira solar power plant. Located in the south near Aqaba, the 103 megawatt project is nearly double that of existing plants in the country and spans the size of nearly 300 football fields.
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.