Located north of Amman in Mafraq, Jordan, the photovoltaic project is considered the largest solar power plant in northern Jordan.
REI co-developed the project through a PPA signing and retains a minority ownership interest, with Dubai-based Adenium Energy Capital and other regional investors owning the remaining interest.
REI President and CEO Mohammed Alrai said: “The Jordanian solar power sector is poised for explosive growth, and Jordan Solar One is helping provide a much-needed new source of renewable energy.
“This state-of-the-art solar project will supply nearly 15,000 Jordanian households with clean, reliable electricity.”
Construction of the project began in June 2015. Today, Jordan Solar One delivers energy to National Electric Power Company (NEPCO) under the terms of a 20-year power purchase agreement.
In addition to our activities in the U.S. renewable energy market, REI is looking to develop renewable energy projects in the growing Jordanian energy market and in the Middle East and Africa.To help guide its global expansion, REI recently established a new Advisory Board, naming John Rocchio as its newest member.
Alrai said: “John Rocchio brings 45 years of experience in the power industry. He most recently served as co-founder and senior vice president-marketing for Calpine Corporation, one of the largest U.S. independent power companies.
“Combined with his previous experience in international power development for General Electric, John’s tenure in the global power industry will complement our international team of energy experts.”
