Falcon PV

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Falcon Ma’an is a 21 megawatt (MW) solar photovoltaic (PV) power plant located in the MDA, south of the capital Amman, Jordan, with an estimated project cost of US$50.2 million (“the Project”). All output generated by the project will connect to a newly built substation in MDA and be sold to NEPCO under a 20-year Power Purchase Agreement (PPA). The Project is part of the Government of Jordan’s Renewable Energy Program, which aims to increase renewable energy contribution to 10 percent of the country’s generation mix by 2020.The total project cost is estimated at US$50.2 million with a proposed IFC A loan of up to US$17.5 million for IFC’s own account and a syndication of up to US$20.0 million.The solar modules selected are a solar module with 60 solar cells. The technology used by the developer includes high efficiency anti-reflective coating material which minimizes the reflectivity from the panels to less than 4%.The direct current (DC) power from the solar panels will be sent to an inverter to convert the DC power into alternate current (AC) power which will then be fed into the utility power grid system through the local substation that is currently under construction by NEPCO. PV plant transformers are needed for the required voltage level of 33KV at the NEPCO 132KV substation. Existing channels in the MDA master plan will be provided to connect the power plant through underground cables to the substation. The substation, to be managed by 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 29th April 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 is located in Jordan’s Ma’an Governorate which lies 218 km South of Amman. The Ma’an Development Area (“MDA”) was established in 2008 under the Development Areas Law. The new solar park, which lies between the MDA’s industrial park and vocational training center, encompasses 11 plots available for solar PV, of which this project is one.