Masdar signs PPA with Jordan’s NEPCO for 220MW solar plant
Masdar, a Abu Dhabi-based clean energy developer, has signed a Power Purchase Agreement (PPA) for its 200MW PV plant in Jordan with the Kingdom’s National Electric Power Company (NEPCO).
The large-scale solar farm will be the biggest single solar installation in the Hashemite Kingdom once completed, and will be owned and operated by the UAE company, connecting to Al Muwaqqar substation, near Amman.
Jordan’s energy Minister, Ibrahim Saif, has said that the PPA represents a “significant in Jordan’s energy security”, raising the Kingdom image on an international level as a key destination for utility-scale solar projects.
According to pv magazine, NEPCO has recently begun to process bidding offers for the first three tenders issued as part of its Green Corridor project, which aims at strengthening the capacity of the electricity transmission network in the south of Jordan.
The Green Corridor project is expected to play a fundamental role in the country’s aim to develop a renewable energy footprint, with wind and solar projects (the target is the installation of 800MW solar PV) being realised in the south to send energy northwards.
Masdar hopes to connect its 200MW solar far in the first months of 2018.
According to pv magazine, Masdar has not selected the EPC contractor yet, “but meetings with potential contractors took place in June and the EPC contract will be tendered.
“The feed-in tariff has not been revealed yet. However, for the government to justify the direct allocation, the tariff needs to be less than US$0.0613 per kWh, which is the lowest tariff allocated to a 50 MW PV farm in Jordan's second competitive tender run last year."