IN THE FIELD
During her recent mission to Jordan, Private Sector Officer Cynara Salmans (second from right) conducted a supervision and lenders’ meeting to review current developments of portfolio projects co-financed by the OPEC Fund. Salmans toured the Baynouna plant as well as other project sites.
SUPPORT FOR JORDAN’S ENERGY MIX
• Alongside boosting its renewable energy generation capacity, Jordan has been
replacing old thermal plants with more efficient technology to reduce losses and maintain a balance in its energy mix.
AND RENEWABLE ENERGY Working with the IFC and the EIB in 2013, the OPEC Fund extended US$20 million to the Jordan Wind Project Company to develop and construct a 117 MW wind farm – the country’s first privately-owned renewable energy facility. Located in the governorate of Tafila in southern Jordan, the plant produces around 400 GW-hours of electricity annually – displacing an estimated 235,000 tons of carbon emissions a year. The plant was connected to Jordan’s national grid in 2015. In 2014, the OPEC Fund helped construct two solar photovoltaic plants: Falcon Ma’an Solar Power (US$10m) and Jordan Solar One (US$20m) – part of a project comprising seven solar plants syndicated under a wider IFC initiative. The 23 MW Falcon Ma’an Solar Power plant in the city of Ma’an is producing more than its projected output. The Jordan Solar One 20 MW plant in the Mafraq region is also operating successfully.
A HISTORY: JORDAN, THE OPEC FUND
• The OPEC Fund’s support of these efforts includes a US$40 million financing facility
extended in 2016 to construct a 485 MW combined cycle gas-turbine power plant.
• Similarly, in 2010 the Qatrana Electric Power Company received US$20 million
from the OPEC Fund to help finance the construction and operation of an independent greenfield power plant in the town of Al-Qatrana, located around 90 km from Amman city.
23
PHOTO: OPEC FUND/Cynara Salmans
PHOTO: OPEC FUND/ Cynara Salmans
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59
