Mubasher: The results of Jordan’s Round 3 solar PV auction have been announced, with Jinko Power (HK) Company Limited submitting the lowest bid of $0.02488/kWh.
Jinko, in addition to two other companies, are now in pole position to be awarded solar projects in Jordan.
Following Jinko, California-based developer, RAI Energy International and its local partner, Capital Investments & Brokerage, have submitted the second lowest bid of $0.0250.
Canadian Solar, as part of a consortium with local EPC and developer, Kawar Investments, ranked third among bidders, with $0.034404/kWh.
Major global and regional players, including Fotowatio Renewable Ventures, bid $0.034437/kWh, while First Solar International Middle East bid $0.035814.
The selected developers will be granted a 20-year PPA with the National Electric Power Company (NEPCO) and will be located in Solar Park 2 in Ma’an near the already existing Round 1 projects.