The results of Jordan’s Round 3 solar PV auction have been announced. Jinko Power (HK) Company Limited submitted the lowest bid of US$0.02488/kWh. Jinko, along with two other companies, are now in pole position to be awarded projects. A final decision will be made after the financial offers have been validated, among other things.
Changes to Jordan’s Round 3 renewable energy auction will mean just 150 MW of capacity will be allocated for PV projects, down from 200 MW. Meanwhile, the government has accepted all 16 of the technical bids submitted in April, meaning it now hangs on price. The final results are expected soon.
Through a new tender the Jordanian government is seeking bids for the construction of a second solar facility at the Azraq camp. The project will be financed with European Union funds.
The EPC provider, which is active in the MENA region, announced that it expects a 900 MW pipeline shortly. The company was recently acquired by U.K.-based Arjun Investment Partners and reportedly has increased its staff size by 30% this year. The company cites an increasing interest in asset diversification and good economics as reasons for MENA’s investment in solar PV.
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.
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