Masdar starts commercial operation of 200 MW solar project in Jordan
Masdar, together with Finnish investment and asset management group Taaleri, has started the commercial operation of the 200 MW Baynouna Solar Photovoltaic Park located near the capital city of Amman in Jordan.
The project has secured a 20 year power purchase agreement (PPA) with Jordan's state electricity provider, National Electric Power Company. The solar farm is expected to produce up to 560 GWh of clean energy per year which is enough to power up to 160,000 homes and offset about 360,000 tonnes of carbon emission per year.
Financial institutions that supported the Baynouna project include the International Finance Corporation (IFC), the OPEC Fund for International Development (OFID), the KfW Group's DEG, and the Japan International Cooperation Agency (JICA).
Country news
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January 19, 2018
Jordan launches tender for 30 MWp of PV solar projects
The Water Authority of Jordan (WAJ) has issued invitations for prequalification for the construction and operation of 30 MWp of solar power capacity to be split across two locations in the country. The electricity generated by the solar plants will power water pumping stations.
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January 17, 2018
Largest solar PV project in Jordan to receive IFC financing
The International Finance Corporation (IFC) has announced that it has arranged a financing package of up to US$188 million for the 200 MW Baynouna plant, the largest solar photovoltaic (PV) power plant in Jordan to date.
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December 14, 2017
EBRD provides US$22 million for solar project in Jordan
The European Bank for Reconstruction and Development (EBRD) has announced a US$22 million loan for the construction and operation of a 50 MW photovoltaic (PV) plant in the Risha region of Jordan, 300 km north-east of the capital, Amman
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December 08, 2017
EBRD provides debt financing for 45 MW wind project in Jordan
The European Bank for Reconstruction and Development (EBRD) is providing a US$52 million loan for the construction and operation of a 45 MW wind farm in the Shobak region of Jordan, 160km south of the capital, Amman.
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September 22, 2017
FRV achieves FC for 51 MW Jordan solar project
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