Masdar signs solar energy purchase agreement with Jordan’s NEPCO

The National Electric Power Company (NEPCO) and the Abu Dhabi Future Energy Company (Masdar) signed an energy purchase agreement of the 200MW photovoltaic (PV) solar plant, which will be the largest solar energy project in Jordan.

The agreement was signed by NEPCO director general Abdul Fattah Al Darabkeh and Masdar CEO Mohammad Al Ramahi in a ceremony that was attended by Jordan Prime Minister Hani Al Mulki and United Arab Emirates (UAE) Minister of State and chairman of Masdar Sultan Al Jaber.

The agreement followed the singing of a deal between the Ministry of Energy and Mineral Resources and Masdar for the development, ownership, operation and maintenance of the solar PV plant, during the Abu Dhabi Sustainability Week in January.

The Bainounah Power Co, a fully owned unit of Masdar, will oversee completion and implementation of the project.

Jordan expects to see the new solar PV plant as a success model that will further boost commercially viably renewable energy projects at the level of service facilities, and help meet the growing demand on energy in the region besides bolstering the share of renewables in the overall energy mix.