US government funds $253 million in international solar during 2017
The U.S. government’s Overseas Private Investment Corporation (OPIC) increased clean energy financing in 2017, despite the arrival of the Trump Administration and an ongoing investigation.
Philadelphia Solar secures PPA for 68 MW solar facility in Jordan
The solar module maker expects to reach financial close for the project in the third quarter of this year.
Trump opens the door for specific products, nations to be excluded from tariffs
The U.S. President’s proclamation provides a path for specific products to apply for exemption from tariffs, which had been sought by both SunPower and the government of South Korea. Additionally, imports from a number of developing nations are exempt as long as import levels remain small.
Jordan Water Authority launches tender process for two PV projects totaling 30 MW
The authority has issued two invitations for the prequalification of two solar projects, with a capacity of 6 MW and 24 MW, respectively, that are planned to be built at two water stations.
Taaleri buys 30% stake in 200 MW Jordan solar project
The Finnish financial services provider will also participate in the construction of the solar park alongside the majority shareholder, UAE-based solar developer, Masdar.
Acwa Power secures financing for 61.3 MW Jordan project
The project’s lenders are the European Bank for Reconstruction and Development (EBRD), Deutsche Investitions- Und Entwicklungsgesellschaft Mbh (DEG) and Arab Bank to Risha for Solar Power Projects PSC. The facility will be built in the eastern province of Risha by the first quarter of 2019.
Wärtsilä to act as EPC for 52 MW PV plant in Jordan
Wärtsilä announced it has signed an agreement to supply EPC services to a 52 MW solar PV power plant in Jordan, owned by a joint venture between AES Jordan and Japanese conglomerate Mitsui & Co.
EBRD earmarks $22 million for 50 MW Jordan PV plant, $100 million for green bonds
The European Bank for Reconstruction and Development is providing a US$22 million shot in the arm for a 50 MW solar power plant in the Risha region developed by Saudi ACWA Power. The bank has also announced plans to invest up to $100 million to back development of the green bond markets, and pledged its support to city climate projects allocating over $500 million with an eye to scaling up green urban financing.
Jordan connects 12.9 MW PV plant located at refugee camp
Array at the Zaatari refugee camp on border between Jordan and Syria is world’s largest solar plant located within an official refugee camp, the UN says. Facility meets power needs of nearly 80,000 displaced Syrians.
Jordan: Nebras Power, AES and Mitsui & Co. split shares in 52 MW PV plant
Facing a 7% increase in the electricity demand per annum, Jordan cannot afford to sit on the sidelines of global solar boom, and is now getting ready to welcome another large-scale solar PV project, whose shares have been split between three major companies.
