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IFC and Canada provide US$76 million for 50MW solar plant in Jordan

2016-09-26 05:11:00| Climate Ark Climate Change & Global Warming Newsfeed

PV Tech: The International Finance Corporation (IFC) and the Canadian government have partnered up to finance Jordans latest US$76 million solar plant. The 50MW PV plant is to be built by FRV, part of Abdul Latif Jameel Energy (ALJ), and will constitute the first solar power plant in Mafraq. According to the IFC, the plant will supply power at US$0.069/kWh; a price far below Jordans average cost of electricity and among the lowest for solar worldwide. The plant is scheduled to be operational by 2018 and...

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