Martifer Solar a Portuguese developer of solar PV projects has announced this week that it has secured a contract to construct 57 MW of solar capacity in Jordan.
The deal is for four solar projects located near to the cities of Maan and Mafraq, and has been made possible by Jordans National Renewable Energy Plan, which has already awarded power purchase agreements (PPAs) for the solar plants.
Funding is being supplied by the World Bank Groups Multilateral Investment Guarantee Agency (MIGA), and further monies will come via the IFCs Seven Sisters package a $207 million debt financing pot that is available to seven projects awarded under Jordans Round 1 tender.
Three of the four proposed solar plants are 11 MW in size and will be located in Al Ward Al Joury, Al Zahrat Al Salam and Al Zanbaq, near to the south-central Jordanian city of Maan- The fourth, and largest at 24 MW, has been labeled Jordan Solar One and will be located bear to the northern Jordanian town of Mafraq.
Martifer Solar is to act as EPC for the four plants, and will also oversee all operations and maintenance (O&M) once the projects have been completed.
"We are delighted to see our construction team in place in Jordan as it is another milestone achievement following a long period of development," said Martifer Solar director of business development Eduardo Pereira. "Currently, Martifer Solar is considering and performing due diligence for other new EPC and O&M opportunities in this exciting market and the greater Middle East region."
Martifer Solar CEO Henrique Rodrigues added that Jordans desire for solar power is set to grow even stronger, with the countrys government eager to utilize the power of the sun to reduce the countrys reliance on energy imports, which currently account for 95% of Jordans energy landscape, costing around one-fifth of its GDP in the process.
"The development and construction of renewable energy projects such as these will be essential for Jordans future," Rodrigues said.
Jordans Ministry of Energy and Mineral Resources (MEMR) recently designed a new net metering proposal intended to extend the attraction of residential solar power into the countys vast rural areas. This program is to be funded by the Jordan Renewable Energy and Energy Efficiency Fund (JREEEF). This proposal is expected to double the number of net metering customers in the country.
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