Planned wheeling station will be backed to the tune of up to $8.5m by a private equity fund and is expected to be operational by July next year.
A proposal to make domestic content requirement mandatory for solar PV energy projects is currently being discussed by the Jordanian Parliament.
Companies and consortia from China, Europe, and domestically have lodged technical and financial offers to build four 50 MW solar plants in Jordan’s Maan Development Zone, the government reveals.
Jordan’s Government has approved a new policy allowing all public institutions in the country to build and own a solar PV plant up to 10 MW. The first to benefit, Mutah University has launched a 10 MW tender.
Jordan’s Energy Minister says 45 companies have been selected as finalists to bid for the upcoming 300 MW solar and wind auction. Technical and financial details are to be submitted by the end of March.
The U.S. government’s Overseas Private Investment Corporation (OPIC) increased clean energy financing in 2017, despite the arrival of the Trump Administration and an ongoing investigation.
The solar module maker expects to reach financial close for the project in the third quarter of this year.
The U.S. President’s proclamation provides a path for specific products to apply for exemption from tariffs, which had been sought by both SunPower and the government of South Korea. Additionally, imports from a number of developing nations are exempt as long as import levels remain small.
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