First Solar Commissions 52.5MW Shams Ma’an Plant in Jordan
October 09 2016 - 08:00AM
Business Wire
PV power plant accounts for approximately 1% of Jordan’s total
power generation capacity
First Solar, Inc. (Nasdaq: FSLR) today announced that it has
commissioned the 52.5 megawatt (MW)AC Shams Ma’an project in the
Hashemite Kingdom of Jordan, on schedule.
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The 52.5 MW Shams Ma'an Solar Power Plant
in the Hashemite Kingdom of Jordan. Owned by a consortium of
investors consisting of Diamond Generating Europe Ltd., Nebras
Power Q.S.C. and the Kawar Group, the project was developed and
constructed by First Solar, Inc. The project was constructed by a
workforce made up almost entirely of Jordanian workers, with First
Solar spending more than 40,000 man-hours on training, creating a
new skills resource for the region. (Photo: Business Wire)
The plant is owned by a consortium of investors consisting of
Diamond Generating Europe Ltd., Nebras Power Q.S.C. and the Kawar
Group. First Solar significantly contributed to the development of
the project before divesting its stake and being appointed the
Engineering, Procurement and Construction (EPC) contractor. Shams
Ma’an has a 20-year Power Purchase Agreement (PPA) with the
National Electric Power Company (NEPCO), the country’s power
generation and distribution authority.
“First Solar has delivered a high-performance solar energy asset
on schedule and with an excellent safety record. There is no doubt
that this power plant will deliver on its promises, reliably
generating energy over its lifetime and forming the cornerstone of
Jordan’s energy security strategy,” said Karim Kawar, Chairman of
Kawar Energy.
The plant, which accounts for approximately 1 percent of
Jordan’s total energy generation capacity, produces clean
electricity using over 600,000 high-performance First Solar Series
4 thin film modules, which deliver up to 5 percent more specific
energy in Ma’an than conventional crystalline silicon panels. The
modules are mounted on single-axis trackers that allow the facility
to generate up to 20 percent more energy.
“Shams Ma’an has been engineered for performance and is further
evidence of the fact that First Solar’s high-performance modules
can deliver more energy than conventional photovoltaic technologies
in Jordan and across the Middle East,” said Ahmed S. Nada, Vice
President and Region Executive for First Solar in the Middle
East.
Significantly, the facility was constructed by a workforce that
was almost entirely Jordanian, with First Solar spending over
40,000 man hours on training alone, creating a new skills resource
for the country.
“Shams Ma’an has facilitated the transfer of several gigawatts
of First Solar’s knowledge and experience to Jordan. Our hope is
that the skills acquired through this project will further enable
Jordan’s solar energy ambitions,” said Dr. Raed Bkayrat, First
Solar’s Vice President of Business Development for the Middle
East.
The project takes First Solar’s installed capacity in the Middle
East to over 70MWAC with a further 200MWAC to be added when the
second phase of the Mohammed bin Rashid Al Maktoum Solar Park is
completed in 2017.
About First Solar, Inc.
First Solar is a leading global provider of comprehensive
photovoltaic (PV) solar systems which use its advanced module and
system technology. The company’s integrated power plant solutions
deliver an economically attractive alternative to fossil-fuel
electricity generation today. From raw material sourcing through
end-of-life module recycling, First Solar’s renewable energy
systems protect and enhance the environment. For more information
about First Solar, please visit www.firstsolar.com.
For First Solar Investors
This release contains forward-looking statements which are made
pursuant to safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. These forward-looking statements
include statements, among other things, concerning: effects on our
financial statements and guidance resulting from certain tax
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of systems cost reduction roadmaps, restructuring, product
reliability, investments in unconsolidated affiliates and capital
expenditures; our ability to continue to reduce the cost per watt
of our solar modules; our ability to reduce the costs to construct
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First Solar MediaReuven Proença+971 (0)4 4559
410reuven.proenca@firstsolar.comorFirst Solar InvestorsStephen
Haymore+1 602-414-9315stephen.haymore@firstsolar.com
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