ACWA Power acquires a Greenfield 50 MWe Solar photovoltaic IPP in Jordan

Source: ACWA Power

his project will result in c. 2.3 million tons of CO2 saved during its PPA term, which is roughly enough to power 15,000 homes.

After having recently signed the Power Purchase Agreement (“PPA”) for the repowering of the 485 MW Hussain CCGT IPP, ACWA Power announces the acquisition of Sunrise Solar Energy PSC (from Sunrise Solar System Jordan), which is the project company for the 50MWe solar photovoltaic plant that will deliver the lowest tariff (0.043 JD/kWh equal to ca. 6.13 USD cents/kWh) in the Round II of the Photovoltaic Procurement program of the Ministry of Energy and Mineral Resources. This project will result in c. 2.3 million tons of CO2 saved during its PPA term, which is roughly enough to power 15,000 homes. 

The plant will be located in Mafraq Development Area (50km north-east of Amman) and will border with the other two plants awarded with the 2nd and 3rd  higher tariffs in the same round, forming a 150MWac Solar Complex.

The PPA and the Connection Transmission Agreement (“CTA”) for the project were signed by Sunrise Solar Energy PSC and NEPCO on 20th January 2016.

ET Solutions from Germany will be the EPC contractor for the project, while the O&M will be undertaken by CEGCO of Jordan, in cooperation with NOMAC, ACWA Power’s O&M subsidiary.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs