The company will offer engineering, procurement and construction (EPC) services for the project, which is located in the Hashemite Kingdom.
Jordan’s power generation and distribution authority National Electric Power Company (NEPCO) will buy the energy generated from the project under a 20-year power purchase agreement.
The power plant, which is claimed to be the largest PV facility in the Middle East, is part of Ma’an Development Area initiative in southern Jordan.
The facility, which is expected to be completed in 2016, will deliver an estimated 160 million kWh of electricity a year.
First Solar vice president for the Middle East Ahmed Nada said: "Shams Ma’an has already established a new benchmark for the independent production of renewable energy in the region, demonstrating how the selection of the right technology and service providers creates considerable value, which, in turn, helps attract experienced institutional investors.
"We are proud to have been given this opportunity to leverage our industry-leading expertise in project development to create a truly remarkable renewable energy asset. We now look forward to delivering a world-class power plant that will directly contribute to efforts to address the country’s urgent energy needs."
First Solar co-developed the project with local firm Kawar Group and the company has now opted to sell its stake to a consortium of global investors.
Image: First Solar will offer engineering, procurement and construction (EPC) services for Shams Ma’an PV project. Photo: Courtesy of Pixomar/FreeDigitalPhotos.net.
