Jordan is still the area of renewable energy center

Solar photovoltaic (pv) net news: Pharmaceutical - Technology website on July 8, comments, Jordan has become the pioneer of renewable energy, solar energy equipment, ahead of Oman, Qatar and the united Arab emirates and Saudi Arabia and other neighboring countries, but the dependence on imported energy is still over 90%, solar panels, the new crown outbreak is not the only reason related investment is slowing.

in 2015, the tower Philippines le projects, this is one of the largest wind turbines in the Middle East. In June 2020, the Saudi investors Apicorp and TamasukHolding bid for 117 mw taffy, wind power station 50% stake. Two original investors InfraMed France and Cyprus EPGlobalEnergy exit is a sign of market maturity.

Jordan renewable energy bureau spokesman said that Jordan has now to commercial renewable energy project investment of $3 billion. The wind and solar power installed capacity of 1591 megawatts in Jordan, far more than the previous set of 800 mw in 2020 goals. Most tender for the first two rounds of renewable energy as a result, the winner from different countries/regions. The international finance corporation ( 国际金融公司) Financial development agency (such as DFIs） Debt financing provides nearly all of these projects. In the first round of bidding, the international finance corporation provides seven solar energy project financing, and put them together for a whole debt structure.

new crown outbreak has affected the Jordan levels of foreign direct investment, but the fact is that the investment slowdown momentum already. In January 2019, the Jordanian government announced the suspension of all bidding for energy power generation project, until the complete power grid upgrading. The latest round of renewable energy bidding also been halted when finished. In June 2020, the government cancelled a energy storage project, the project, which was originally conceived to solve part of the grid limit strategy.

some question the united Arab emirates and Saudi Arabia enterprises get more projects because state aid and trade, but the IFC said this was accidental: Saudi Arabia or the united Arab emirates (uae) investment cost is lower than Japan, South Korea and other countries, only the low cost of capital to be competitive. Currently DFIs financing dominated the renewable energy industry in Jordan, but some people hope to have more opportunities to private investors. Private equity companies are paying close attention to countries such as Jordan, market should be funded by DFIs investments to produce commercial return on private investment. Although Jordan outbreak is very light, solar panels, but slows the transition from donor dependence to private investment.

Jordan renewable energy bureau spokesman said, is expected soon to announce for medium and small private sector and the new 100 mw of solar pv projects. The third round of tender wind farms has been cancelled, but the third round of solar energy in the bidding of the top two bidding companies working with Jordan national electric power company ( NEPCO) Negotiation power purchase agreement. If the contract is signed, will be China crystal energy development and a 100 mw project, the United States RAIInternational development a 50 mw project.

but that renewable energy development will be slow, because Jordan does not require additional power, unless the establishment and Palestine, Iraq, Syria and Lebanon's power grid interconnection. According to Jordan can KuangBu data, in addition to the renewable energy projects, Jordan has about 4000 megawatts of conventional power plants, and in 2018 the biggest electricity demand is only 3205 mw.

grid limit has been plagued by Jordan's renewable energy ambitions. Although has passed the authorized legislation to allow power producers to sell electricity directly to end users, but in 2016 will still be some pause to green corridor grid expansion project completion of this project. Grid upgrade planning will directly affect the Jordan's renewable energy development trend.

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this paper statistics the September to today issued a total of 2. 85 gw pv power plant EPC and 1. 9 gw component bid opening information. Among them, the EPC project owner units is given priority to with soe/state, this also reflected from the side, in project bidding and parity, the state-owned enterprises have become the absolute main force. In particular, China solar energy network, CGNPC in development of 410 mw, 603 mw, guangzhou energy saving 220 mw, 345 mw, jin can group of people for 200 mw, 190 mw hubei energy group, huaneng 180 mw

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