Jordan is a very sunny country with over 310 days of sunshine a year. In recent years, market reforms and legislative frameworks have stimulated large solar and wind capacity additions at favourable prices. Such developments, in addition to a strong commitment by the government, place the country on track to meet or exceed its target of 20% renewable electricity production by 2025.
Scatec was one of the first developers to enter this market and built three solar plants totalling 43 MW in 2016.
The Jordan Portfolio consists of three solar power plants, located 200 km south of Amman in the municipality of Ma’an in Jordan. This was Scatec’s first solar plants in the Middle East and was one of the first projects to be fully constructed in the country. The portfolio holds a 20-year PPA with NEPCO. Equity partners are Quest Energy Investments, European Jordanian for Renewable Energy and Green Land for Alternative Energy. Lenders are EBRD and Proparco.