FALCON PROJECT
A 23.1 MWp SOLAR PARK
LOCATED IN JORDAN

23.1 MWp
47 GWh/year
25,000 tons
October 2016

Enerray is among the shareholders of an SPV that has been awarded a 23.1 MWp PV project, in Ma'an, under Jordan I round public tender. The project obtained financial close in May 2015 and construction started in December of the same year. The Falcon Ma'an solar park has been connected to the grid in October 2016.

The generated electricity is transferred to the national grid for a fixed tariff, according to the terms and conditions of the PPA signed between NEPCO and the project company.

The solar park, installed on a fixed ground mounted monopole structure, covers a surface area of half million square meters.

  • Over 70.000 polycristalline modules by Jinko
  • 24 centralized inverters by SMA
  • Energy production of 47.000.000 kWh/year
  • Avoided CO2 emissions: 25.000 tons each year
  • PPA Signature: March 2014 (USD$ 169/MWh for 20 years from COD)
  • Start of works: December 15 2015
  • End of works: June 6 2016
  • COD: October 18 2016

Enerray (24%), Desert Technologies (25%), and Seci Energia (1%), have sponsored the project together with their local partner, Catalyst Private Equity (50%).

The project has been financed under the innovative Seven Sisters renewable programme created by the World Bank's International Finance Corporation (IFC) together with other lenders including FMO (Dutch Development Bank), (OFID) The OPEC Fund for International Development, Finnfund (Finnish Fund for Industrial Cooperation), Europe Arab Bank and Arab Bank.

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The Falcon Ma'an solar plant, together with recently accomplished 10 MWp Shamsuna project in Aqaba, is another milestone in Enerray's strategy of becoming one of the global solar industry leaders.

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