Adenium Jordan - Zahrat Al Salam

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The developer, a Dubai-based investment and development company focusing on clean energy and alternative energy sectors worldwide, partnered companies (Clean Energy Concepts, Bright Power, and Martifer Solar) in the installation and development of three greenfield solar PV assets (Al Ward Al Joury, Zahart Al Salam, and Al Zanbaq) each with the capacity of 10 megawatts (MW) (the “Project”; each singular asset referred to as the “Sub-project”) in the Ma’an Development Area (MDA) in Jordan. Each sub-project will consist of approximately 43,562 PV panels on a project area of 260,000 square meters (m2). The entire project will consist of approximately 136,686 PV panels on a project area of 780,000 square meters (m2). Total solar park area is 500 hectares. The project cost for each individual project is estimated at US$30 million with a proposed IFC loan of up to US$10.5 million for IFC’s own account and a syndication of up to US$12.0 million.The solar panels to be installed will convert sunlight to DC (Direct Current) electricity. The DC power will be sent to an inverter to convert the DC power into AC (Alternate Current) power which will then be fed into the utility power grid system through the local substation that is currently under construction by NEPCO. Existing channels in the MDA master plan will be provided to connect the three plants through underground cables to the substation. The substation, to be managed by the National Electric Power Company (NEPCO), will convert power to 132 kV, which will then be transported to the national grid through high voltage transmission lines. The developer will not be responsible for the interconnections as stipulated in the PPA signed in March 2014 (the Transmission Connection Agreement states that the transmission line leaving the substation and connecting to the grid is the responsibility of NEPCO).The project will be located in an area devoid of human settlements; the nearest local community is located 8km away (city of Ma’an).