MENA Energy Update

• Middle East

• Energy and infrastructure - Clean energy

21-01-2016

Jordan increases solar target to 1 GW by 2020

The government of Jordan plans to increase its solar energy target by over 65% by 2020, the National reported today, citing the country’s Energy Minister.

According to Ibrahim Saif, the country is expected to bring online 500 MW of new solar capacity by the end of next year, which will significantly contribute to the new solar target of 1 GW by 2020 from the initial 600 MW goal.

The move to boost the solar capacity comes as the Jordanian government looks to reduce its dependence on energy imports, which are expected to cost about $3.6 billion, or 14% of the country’s GDP.

Jordan’s overall clean energy goal includes a target to deploy 1.8 GW of renewable energy capacity by 2020, which would make up 10% of Jordan’s energy supply.

Eversheds advised on 10 of the R1 projects and are advising on wheeling projects.

MASEN Noor Midelt Phase 1

MASEN has invited developers to bid for the Noor Midelt solar project which will be comprised of one or more power plants with hybrid technology in Morocco with the total capacity of 400MW.

To express interest in the project, a questionnaire must be duly completed together with supporting documents referred to therein (as well as any information deemed appropriate) on MASEN’s electronic platform and in accordance with MASEN’s e-tendering rules by February 1, 2016 at 10.00am Moroccan time at the latest.

Saudi Arabia invites bids for technical advisory on renewables projects

Saudi Electricity Company (SEC) has started the procurement process for technical advisors for Saudi Arabia’s three renewable energy projects.

The submission deadline is 31 January 2016.

The projects consist of two 30-50 MW photovoltaic (PV) solar projects and one 10-50MW wind farm.

The projects will be procured using the independent power producer (IPP) model.

Developing renewable energy projects - A guide to achieving success in the Middle East

Eversheds and PwC in partnership with MESIA have launched the third edition of ‘Developing renewable energy projects – A guide to achieving success in the Middle East’. The guide provides an insight into the key markets, the drivers behind the programme and important developments across various jurisdictions in the Middle East.

Please request a copy of the Middle East Renewables Guide.