One of the first privately-owned utility-scale renewable energy projects in Jordan Ma’an Solar PV Plant is a 24MW Solar PV project located within the Ma’an Development Area, to the south-east of Ma’an city approximately 200km south of Amman, in the Hashemite Kingdom of Jordan.
The Solar Park comprises of nine solar plants on a 500 hectares area with a total capacity of 160MW and, as of 2018, is the second largest solar power plant in the region that produces 2 per cent of Jordan’s total energy output.
Ma’an Solar PV Plant contributes approximately 13 percent of the total capacityv of the Solar Park and supplies an estimated 51.5 million KWh of electricity per year to the National Electrical Power Company (NEPCO) in Jordan under a long-term Power Purchase Agreement (PPA).
The project was originally developed and constructed by SunEdison in 2015 and later acquired in November 2016 by Alcazar Energy. Adwa’ Ma’an Al Oula Lil Taka PSC, is the special purpose vehicle incorporated in Jordan for the sole purpose of operating the project which is fully-owned by Alcazar Energy.
Project financing was provided by the European Bank for Reconstruction and Development (EBRD) and the Overseas Private Investment Corporation (OPIC) with a total investment of USD 67,111,000.
The project supports the country in increasing its renewable energy capacity and reducing its reliance on hydrocarbon imports. Since July 2016 Ma’an Solar PV Plant has produced over 130 million kWh of electricity, sufficient to meet the average annual electricity needs of more than 25,000 Jordanian households, and saving of more than 75,000 tonnes of CO2 emissions and 170,000 m3 of water to date.