- New photovoltaic plant will add 61.3 MWp of installed energy capacity to Risha, Jordan
- ACWA Power provided the lowest tariff for solar energy ever presented for a Jordan-based photovoltaic project
- The plant marks ACWA Power’s strategy of continuous investment Jordan, and its second Solar Photovoltaic Plant.
- The new PV plant will bring the installed capacity in Jordan as controlled by ACWA Power to 1,665 MW further consolidating ACWA Power as largest power generator in the Kingdom.
- Signing ceremony of Risha Project made by ACWA Power and Jordan’s Minister of Energy & Mineral Resource during the World Future Energy Summit in Abu Dhabi
ACWA Power has agreed with the Government of Jordan to develop, finance, construct, own and operate a new 61.3 MWp photovoltaic project in Risha, a province in Eastern Jordan. ACWA Power submitted a record-low tariff of JOD 42 fils per kWh, the lowest tariff for solar energy ever presented for a Jordan-based project, 3.3% lower than the previous lowest tariff provided to Jordan with the Mafraq PV project, also developed by ACWA Power under the Round II of Proposals for Renewable Energy in Jordan.
Dr. Ibrahim Saif, minister of Energy & Mineral Resources for the Hashemite Kingdom of Jordan and Mohammad Abunayyan, Chairman of ACWA Power, attended the signing ceremony which sealed a commitment to develop the Risha project, on the sidelines of the World Future Energy Summit, a global showcase devoted to questions of sustainable energy, energy efficiency and clean technology. When it reaches completion targeted for Q1 2019, the plant will save c. 79.000 tons of CO2 and will power 12,000 households. READ MORE