FRV´s Jordanian »Al Safawi« solar plant starts commercial operations
Post date: 02/05/2019 - 16:35
Fotowatio Renewable Ventures (FRV), part of Abdul Latif Jameel Energy, has started the commercial operations at the 66.7 MW »Al Safawi« solar plant in Safawi, a region in northern Jordan. The project was financed with a $65 million loan from the European Bank for Reconstruction and Development (EBRD) and the Financing for Development Society of the Netherlands (FMO), agreed in 2017.
The two-party loan was granted to »Al Safawi« by Green Energy PSC, a Jordanian company owned 70 percent by FRV and 30 percent by local Jordanian developer Arabia Trading & Consulting Company Ltd (ATC), an Arabia Group company. The project, developed under an EPC contract by TSK, a business group for the development of engineering and supply of energy facilities, has single-axis tracking technology to optimize its performance and more than 200,000 poly-crystalline photovoltaic panels.
»Al Safawi« is FRV´s third photovoltaic power plant developed and owned in the country after »Mafraq I« and »Mafraq II«. According to the company, FRV has now installed 200 MW of PV power.