06 Feb '17, 6am

ACWA Power to develop, own 61MW PV project in Jordan

ACWA Power to develop, own 61MW PV project in Jordan

Once completed in Q1 2019, the project will produce enough energy to power 12,000 homes. Image: Activ Solar / Flickr ACWA Power announced Monday that it has agreed to a deal with the government of Jordan to develop, finance, construct and own a 61.3MW PV installation in Risha — a province of Eastern Jordan. ACWA Power submitted a record-low tariff of JOD 42 fils per kWh, the lowest tariff for solar energy ever presented for a Jordan-based project, 3.3% lower than the previous lowest tariff provided to Jordan with the Mafraq PV project, which was also developed by ACWA Power. Once it reaches competition in Q1 2019, the project will produce enough energy to power 12,000 homes. Dr. Ibrahim Saif, minister of energy & mineral resources for the Hashemite Kingdom of Jordan, said: “Today the kingdom of Jordan takes another step toward sustainable and enduring energy security. Unde...

Full article: http://www.pv-tech.org/news/acwa-power-to-develop-own-61m...

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