Middle East

The Kingdom of Jordan’s government has signed an agreement with Jordan Islamic Bank to facilitate the financing of residential projects under the scheme. Selected projects will be entitled to a 30% rebate for installations up to 3.5 kW.

The offer was apparently submitted by Saudi energy giant ACWA Power, which refused to confirm the bid when asked by pv magazine. The second lowest bid – $0.0175/kWh – was reportedly submitted by a consortium formed by Emirati developer Masdar, French utility EDF and Chinese PV panel maker Jinko Power.

Through a new procuremente exercise, the Oman Power and Water Procurement company (OPWP) is now seeking developers for the Manah Solar I IPP and Manah Solar II IPP projects with a capacity of 500 MW and 600 MW, respectively. Both plants will be located at Manah which is around 150 km southwest of Muscat.

Another 35 places of worship will be geared with rooftop PV. Part of the funding for the projects is being provided by the Jordan Renewable Energy and Energy Efficiency Fund. So far around 500 mosques have been equipped through the program,

The Jordanian PV module manufacturer plans to add two new production lines at its factory in Amman over the next 12 weeks. The new lines will add half-cell and bifacial mono PERC modules to the company’s product range.

The European Bank for Reconstruction and Development is seeking consultants for a feasibility study for the project. The plant would be constructed on land owned by the Banque du Liban.

The Ministry of Electricity is tendering a 30 MW plant, four 50 MW projects, and two much bigger projects, with capacities of 225 MW and 300 MW. The plants are intended to begin commercial operations next year.

In the third in a series of interviews on renewable energy and geopolitics, Indra Overland — head of the Center for Energy Research (NUPI) and a research panel member for the Global Commission on the Geopolitics of the Energy Transition at IRENA — discusses how Saudi Arabia is dealing with the energy transition. He also outlines the challenges the Middle Eastern country will face in the coming decades, as it shifts to a less oil-dependent economy. Although the country recently set new solar and renewable energy targets, Overland believes that the geopolitical balance in the Middle East could shift to countries such as Iran in the coming decades, even if the Saudi commitment to renewable energy proves genuine.

Phase IV of the huge solar park includes a 700 MW CSP plant and a 250 MW PV facility. Funds for the $4.2 billion project will be provided by banks from the United Arab Emirates and China, as well as other international lenders.

The Faisaliah Solar Power Project is planned to be developed in several stages by the Saudi Ministry of Energy, Industry and Mineral Resources and the Development Authority of Mecca. Only 600 MW of the project will be tendered by the REPDO, while the remaining 2 GW will be built by the country’s Public Investment Fund along with its partners.