ET Energy Starts Construction of a 60.9MW Solar Power Project in Jordan

15.03.2017

Munich – ET Solutions AG, a subsidiary of ET Energy, a global leading energy solutions provider, announced that it has started the construction of a 60.9 MW solar power project in Jordan for ACWA Power, a Saudi-based independent power producer. The project will become one of the largest 1500VDC PV plants in Europe, the Middle East and Africa after completion.

The project is situated in Mafraq, Jordan, 50 km north-east of Amman. ACWA Power is the developer and the owner of this project. After the project is completed, it will deliver power to National Electric Power Company (NEPCO) at a tariff of 0.043 JD per kWh (equal to 6.13 $c/kWh). This project was awarded in the Round II of the Photovoltaic Procurement program of the Ministry of Energy and Mineral Resources of Jordan.

Acting as the full turn-key EPC provider, ET Solutions, along with its consortium partner, Northwest Power Design Institute (NWPDI) of China Power Engineering Consulting Group, started construction at the beginning of this month. The construction is expected to be completed within 10 months.

"As an industry trailblazer, we innovatively introduce into 1500VDC technique on utility-scale solar plants." Dennis She, President and CEO of ET Energy said, "Commencement of this project marks a key milestone of our expansion into the Middle East regions, a strategic market for our system solutions business. Moreover, we are proud to partner with the regional market leader, ACWA Power. This collaboration expands our track record of working with global leading independent power producers and utility companies around the world."

Paddy Padmanathan, President & CEO of ACWA Power said: "Working together with ET Solutions, our EPC Contractor, ACWA Power is proud and privileged to be able to invest in Jordan to shift the countries dependence on foreign currency consuming imported fossil fuels for power generation to utilize its own renewable energy resource and to do so at what is the lowest tariff of all offers submitted at Round two of renewable energy procurement by the Government, reinforcing our commitment to reliably deliver electricity at the lowest possible cost."

Source: ET Solar Group

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