Thursday, 13 November 2014

Jordan to achieve 14% of Electricity from Renewable Energy in 2015

 
اقرأ هذا المقال باللغة العربية

Jordan Energy Minister Mohammad Hamed declared that 1800MW of renewable energy plants are to slated to be connected to the Grid by 2018, 500MW of which next year, with a current grid capacity of 3200MW, of which 10MW are from renewable energy, the share of renewable energy from installed capacity would rise dramatically from less than 1% in 2014 to 14% in 2015, making Jordan the leader in solar and wind energy generation in the middle east.

The Ministry of Energy and Mineral Resources of Jordan, which imports 97% of its energy needs, have set a target to obtain 7% of primary energy from renewable in 2017 and 10% in 2020. After the interruption of Egyptian gas for power generation, and the high oil prices, Jordan accelerated a number of energy projects to raise the share of local energy production from oil shale, nuclear energy and renewable.

In 2012 renewable energy law paved the way for a number of RE investments, the following year was the year for the first pre-qualification rounds and the signing of MOUs for multiple RE projects. In 2014, these projects moved ahead with signing of PPAs and awarding of construction contracts, and the second half of 2014 is seeing the financial closure for many of these projects with financing from international institutions such as the $208 million IFC package to fund 7 solar power plants.  

2015 is the year of these projects start bearing fruit, the table below summarizes the solar and wind power plants currently in progress. H1 of 2015 will see the start of construction of most of these projects, Tafila Wind (117MW) a Philadelphia Solar (10MW) projects already under construction. Most of the projects have already achieved financial closure, and will start operation during H2 2015. 


Plant Name
Capacity (MW)
Expected Finish Date
Value ($million)
Developer
Comments
117
Q2-2015
290
JWPC
Vestas V112-3.0 MW turbines
66
Early 2016
111
Elecnor
Gamesa G97-2.0 MW turbines
65
Q4 2015
150
Funded by GCC $5billion grant
52.5
Early 2016
150
First Solar
43
H2 2015
100
Scatec
10MW Oryx Plant and 2 others
24
Q3 2015
50
SunEdison
Financed by ERBD and OPIC
10
April 2015
20
Shamsuna
Funded by IFC
21
H2 2015
50
Falcon Ma’an
Funded by IFC
10
Q4 2015
24
Arabia One
Funded by IFC
30
2015
90
Adenium
3 10MW plants
20
Q3 2015
70
AMP Solar
10
Q3 2015
23
Philadelphia

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