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Amman / EMIRATES BUSINESS
Masdar, Abu Dhabi’s renewable energy company, completed a key step in the development of the largest solar power plant in the Hashemite Kingdom of Jordan.
The Power Purchasing Agreement (PPA) for a 200-megawatt (MW) photovoltaic (PV) plant was signed on Saturday by Mohamed Al Ramahi, Chief Executive Officer of Masdar, and Abdul Fattah Daradkeh, Chief Executive Officer of National Electric Power Company, Jordan’s state electricity provider, at a ceremony in Amman attended by His Excellency Dr Hani Al Mulqi, Prime Minister of Jordan.
Today’s announcement follows an agreement between Jordan’s energy ministry and Masdar on the development, ownership, operation and maintenance of the country’s largest solar power facility signed at Abu Dhabi Sustainability Week 2016 in January. The wholly owned Masdar subsidiary Baynouna Solar Energy Company (BSEC) has been set up to expedite the project.
“Today’s signing marks the forward progress of a significant investment in Jordan’s energy security in line with His Majesty King Abdullah II’s vision to diversify the country’s energy mix and to meet future domestic power demand growth through sustainable sources,†said Dr Ibrahim Saif, Energy Minister of Jordan.
“The solar power plant will raise the international profile of Jordan as a key destination for utility-scale renewable energy projects,†Dr Saif added