ACWA Power brings live 50-MW solar park in Jordan

Saudi Arabia's ACWA Power on Wednesday announced the start of commercial operations at its 50-MW Risha solar park in Jordan’s Mafraq Governorate.

According to the announcement, the milestone was achieved on December 1, within the expected timeframe.

The photovoltaic (PV) park will operate under a power purchase agreement (PPA) with Jordan's National Electric Power Company (NEPCO), which was signed back in 2017. The power plant’s output will be sold at a rate of JOD 0.042 (USD 0.059/EUR 0.053) per kWh, which ACWA Power says was the lowest tariff for renewable energy in Jordan at the time.

Installed on government-owned land in the military zone near the Iraq border, in the Risha area, the solar farm is expected to produce about 115 GWh of electricity per year. This output will be enough to meet the demand of around 12,000 homes each year, ACWA Power estimates.

The USD-69-million (EUR 62m) project was financed by the European Bank for Reconstruction and Development (EBRD), Germany’s Deutsche Investitions-Und Entwicklungsgesellschaft Mbh (DEG), a subsidiary of KfW Group, and Arab Bank.

(USD 1.0 = EUR 0.899)

(JOD 1.0 = USD 1.410/EUR 1.267)

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