The project is part of the government’s renewable energy program, which aims to increase renewable contribution to 10% of the country’s generation mix by 2020. All output generated by the project will be sold to Jordan’s National Electric Power Company (NEPCO) under a 20-year power purchase agreement (PPA).
Opportunity
The IFC required an experienced and reputable consultant to conduct a thorough study on the technical aspects of Jordan Solar One PV plant to identify any risks and to produce a full energy yield estimate. It also requested detailed analyses of the environmental, health, safety and security aspects of the project to assess whether they met compliance with environmental and social standards in country and also with relevant international legislation.
Solution
We carried out full technical due diligence of the project on behalf of the lenders. Our review focused on the assessment of three pivotal types of potential risks from a technical standpoint – development, construction and operational. A site visit was undertaken to assess suitability for development of a PV project of this capacity from a technical, environmental and social viewpoint, including looking at shading, potential risks to energy generation and impact on local communities.
Outcome
We provided holistic advice on all technical, environmental and social aspects of the project using our multidisciplinary in-house resources, leveraged by our extensive, international experience with solar PV projects. Construction of the project is now complete. Its positive impacts are already being witnessed in Jordan, with further PV projects now in development.
