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.
Energy Finance & Investment News in Jordan
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.
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
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.
The International Finance Corporation (IFC) and Islamic Development Bank (IDB) are mulling financing Korean Southern Power Company’s (KOSPO) and Daelim Energy’s 51.75MW wind project in Jordan.
The European Bank for Reconstruction and Development (EBRD) is mulling to provide a financing package of around US$27.6 million to finance the development and construction of a solar photovoltaic plant located in the Risha region, Jordan.
The European Bank for Reconstruction and Development (EBRD) has agreed to provide a total of US$70 million to finance the construction of an up to 51-MW solar park in Jordan.
The government of Jordan has launched a request for expression of interest (RFEOI) to develop a waste-to-energy (WtE) plant in the vicinity of the Al Ekaider landfill.
Ministry of Energy and Mineral Resources of Jordan (MEMR) has issued a Request for Expression of Interest (RFEOI) seeking interested developers to carry out a waste-to-energy project in Irbid Governorate on build, own, operate and transfer basis.
FRV has announced the financial close of two of the four projects awarded in the second round of Jordan’s solar independent power producer (IPP) tender.
IFC and MIGA, members of the World Bank Group, are backing the design, construction, ownership and operation of a the 485 MW Zarqa gas-fired power plant in Jordan. Once operational, the plant will generate power at about a third of the current average cost in Jordan.
ACWA Power has agreed with the Government of Jordan to develop, finance, construct, own and operate a new 61.3 MWp photovoltaic project in Risha, a province in Eastern Jordan.
Proparco and the EBRD further support renewable energy in Jordan by providing a US$71 million loan for the construction of a 67 MWp FRV Empire solar power plant.
South Korea’s state-run Export-Import Bank of Korea (Korea Eximbank) will provide US$120 million project financing to develop the Fujeij wind power plant, in Jordan.
ACWA Power has announced that the Financial Agreements of ACWA Power Mafraq, 60.3 MWp PV IPP in Jordan, have been executed on the 12th November 2016.
The first projects of a new fund supported by the European Investment Bank (EIB) – the Catalyst MENA Clean Energy Fund (Catalyst) – are now taking off.
The European Bank for Reconstruction and Development (EBRD) is providing a loan of US$70 million to Green Watts Renewable Energy LLC, for the construction of the 86 MW Al Rajef wind farm in the Ma'an governorate of southern Jordan.
Masdar, Abu Dhabi’s renewable energy company, has secured a power purchase agreement (PPA) for a 200 MW solar power plant in Jordan.
IFC, a member of the World Bank Group, has arranged a US$76 million financing package for Fotowatio Renewable Ventures (FRV) to build the 50 MW solar plant in Mafraq, northern Jordan.