Jordan Will Auction 400–700 MW Of Solar & Wind Capacity This Month
Originally published on CleanTechies.
Jordan plans to further expand its renewable energy infrastructure through a fresh auction of solar and wind energy projects this month.
According to media reports, Jordan’s Ministry of Energy & Mineral Resources will launch 400-700 MW tender for solar and wind energy this month. This tender will be the third auction of solar power projects and the second for wind energy projects.
In May 2015, Jordan allocated 200 MW of solar PV power projects in the second round auction, after a total of 33 companies had submitted technical proposals to set up power projects. However, only 24 of them eventually submitted financial bids. Four developers submitting the lowest bids were selected to develop 50 MW of capacity each. The lowest tariff bid was submitted by a Greek company, SUNRISE Photovoltaic Systems, which placed a bid of just US¢6.13 per kWh. Saudi Oger, Fotowatio Solar Renewable Ventures, and Hareon Solar also secured a 50 MW project each.
In February 2015, the government auctioned 200 MW of solar and wind energy capacity. It was the first ever renewable energy auction in Jordan.
Jordan has set a target of installing 600 MW of solar PV capacity and 1,200 MW of wind energy capacity by 2020 to reduce its dependence on imported fossil fuels. To reach the 2020 renewable energy target and further enhance the clean energy infrastructure, the country has established the Jordan Renewable Energy and Efficiency Fund which is financed by the government as well as international donors like the French Development Agency and the World Bank.
Image by vectoropenstock.com for Cleantechies
Reprinted with permission.
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