Renewable Energy in MENA Project Map Infographic
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This <strong>in</strong>fographic has been produced <strong>in</strong> conjunction with <strong>MENA</strong>SOL<br />
2016 – the biggest solar summit <strong>in</strong> the Middle East. 2016 will also <strong>in</strong>clude<br />
<strong>MENA</strong>W<strong>in</strong>d, a dedicated conference for w<strong>in</strong>d energy development <strong>in</strong><br />
<strong>MENA</strong> under the award w<strong>in</strong>n<strong>in</strong>g <strong>MENA</strong>SOL conference.<br />
<strong>Renewable</strong> <strong>Energy</strong> <strong>in</strong> <strong>MENA</strong> <strong>Project</strong> <strong>Map</strong> <strong>Infographic</strong>
<strong>Renewable</strong> <strong>Energy</strong> <strong>in</strong> <strong>MENA</strong><br />
<strong>Project</strong> <strong>Map</strong> <strong>Infographic</strong><br />
Jordan<br />
MW Allocation<br />
RE Regulatory Framework<br />
Installed RE capacity (2015): 135 MW<br />
CSP: 0<br />
PV: 50 MW<br />
W<strong>in</strong>d: 118.5 MW<br />
RE capacity <strong>in</strong> the pipel<strong>in</strong>e: 903 MW<br />
CSP: 1.00 MW<br />
PV: 503 MW<br />
W<strong>in</strong>d: 399<br />
• l Jordan follows a four-track approach to develop<strong>in</strong>g RE projects: Direct<br />
Proposals; Competitive Bidd<strong>in</strong>g; EPC Turn-Key; and Small Scale RE Schemes<br />
(such as Net Meter<strong>in</strong>g and Wheel<strong>in</strong>g)<br />
• l The cost of electricity generated from the recently commissioned Al Tafilah<br />
w<strong>in</strong>d project will be $120 per MWh over 20 years- less than half the cost of<br />
generation from conventional power <strong>in</strong> the country.<br />
• l RE FIT rates, which act as price ceil<strong>in</strong>gs for the direct proposal program, are<br />
0.115, 0.163 and 0.183 US cents/kWh for w<strong>in</strong>d, PV and CSP, respectively.<br />
• l The FIT scheme allows for net-meter<strong>in</strong>g and wheel<strong>in</strong>g, but restricts the size<br />
of PV systems based on the applicant’s electricity usage.<br />
• l In August 2015, Jordan <strong>Renewable</strong> <strong>Energy</strong> and <strong>Energy</strong> Efficiency Fund<br />
signed agreements to equip 600 houses <strong>in</strong> northern Jordan with PV panels,<br />
and plans to disburse $35.26 million for susta<strong>in</strong>able energy projects through<br />
to 2018.<br />
• l Under Jordan’s <strong>Renewable</strong> <strong>Energy</strong> Law, both locally manufactured and<br />
imported materials and equipment used <strong>in</strong> the construction of RE power<br />
plants are exempt from sales tax and custom duties.
<strong>Renewable</strong> <strong>Energy</strong> <strong>in</strong> <strong>MENA</strong><br />
<strong>Project</strong> <strong>Map</strong> <strong>Infographic</strong><br />
Jordan<br />
Table 2: RE projects <strong>in</strong> the pipel<strong>in</strong>e - Jordan<br />
<strong>Project</strong> Developer Technology MW Expected Operation Date<br />
WECSP <strong>Project</strong> Jordan National <strong>Energy</strong> Research Center; Solar Euromed CSP 1.00 2016<br />
Direct Proposal Submission Round 1<br />
(10 projects <strong>in</strong> Ma’an, 1 <strong>in</strong> Aqaba, and 1 <strong>in</strong> Mafraq)<br />
12 projects all signed PPAs and achieved f<strong>in</strong>ancial close PV 200 End of 2016<br />
Direct Proposal Submission Round 2 PPAs signed for two projects, and the other two PPAs under sign<strong>in</strong>g PV 200 (50 MW x 4) End of 2017<br />
Al Quweira Solar Plant Enviromena, TSK PV 103 2017<br />
Ma’an W<strong>in</strong>d <strong>Project</strong> Elecnor W<strong>in</strong>d 80 End of 2016<br />
Fujeij W<strong>in</strong>d <strong>Project</strong> KEPCO W<strong>in</strong>d 89.1 2018<br />
Direct Proposal Round 1/W<strong>in</strong>d (3 projects <strong>in</strong> the south,<br />
and 1 project <strong>in</strong> the north)<br />
Four PPAs (one signed; three other under sign<strong>in</strong>g) W<strong>in</strong>d 230 2018<br />
• l Jordan is currently target<strong>in</strong>g 1,800 MW of w<strong>in</strong>d and solar generation capacity<br />
by 2018.<br />
• l About 35 MW of solar rooftop capacity is currently <strong>in</strong>stalled <strong>in</strong> Jordan.
<strong>Renewable</strong> <strong>Energy</strong> <strong>in</strong> <strong>MENA</strong><br />
<strong>Project</strong> <strong>Map</strong> <strong>Infographic</strong><br />
Jordan<br />
F<strong>in</strong>ancial Situation<br />
Credit Rat<strong>in</strong>g:<br />
S&P: BB- Outlook: Stable<br />
Moody’s: B1 Outlook: Stable<br />
GDP Total (2014): $35.83 billion<br />
GDP Per capita: $2,878<br />
Annual GDP Growth (2015): 2.9%<br />
F<strong>in</strong>anciers <strong>in</strong>volved <strong>in</strong> RE market:<br />
• l Abu Dhabi Fund for Development<br />
• l Capital Bank of Jordan<br />
• l Dutch Development Bank<br />
• l Europe Arab Bank<br />
• l European Investment Bank<br />
• l Eksport Kredit Fonden<br />
• l Kuwait Fund for Arab Economic Development<br />
• l International F<strong>in</strong>ance Corporation<br />
• l Mizuho Bank<br />
• l Nippon Export and Investment Insurance<br />
• l OPEC Fund for International Development<br />
• l Standard Chartered Bank<br />
Investors:<br />
• l Adenium Capital<br />
• l Catalyst Private Equity<br />
• l Foursan Group<br />
• l Masdar Clean <strong>Energy</strong><br />
• l Nebras Power
<strong>Renewable</strong> <strong>Energy</strong> <strong>in</strong> <strong>MENA</strong><br />
<strong>Project</strong> <strong>Map</strong> <strong>Infographic</strong><br />
Morocco<br />
MW Allocation<br />
RE Regulatory Framework<br />
Installed RE capacity (2015): 810 MW<br />
CSP: 23 MW<br />
PV: 0 MW<br />
W<strong>in</strong>d: 787 MW<br />
RE capacity <strong>in</strong> the pipel<strong>in</strong>e: 2,185 MW<br />
CSP: 510 MW<br />
PV: 400 MW<br />
W<strong>in</strong>d: 1300 MW<br />
• l MASEN is <strong>in</strong> charge of implement<strong>in</strong>g all projects under the Moroccan Solar<br />
Plan.<br />
• l AERDDS is responsible for implement<strong>in</strong>g pilot and demonstration projects.<br />
• l ADEREE facilitates and implements RE strategies and <strong>in</strong>centive programs.<br />
• l ONEE purchases about 95% of the power generated <strong>in</strong> Morocco through<br />
PPAs as well as all of the imports from Spa<strong>in</strong> and Algeria.<br />
• l ONEE has the exclusivity to plan and launch tenders for projects with power<br />
greater than 10 MW.<br />
• l In MASEN’s solar programme, ONEE is responsible for connection of the projects,<br />
transmission of power, and <strong>in</strong>terconnection to the grid for export.<br />
• l ONEE is lead<strong>in</strong>g the implementation of Morocco’s w<strong>in</strong>d power programme.
<strong>Renewable</strong> <strong>Energy</strong> <strong>in</strong> <strong>MENA</strong><br />
<strong>Project</strong> <strong>Map</strong> <strong>Infographic</strong><br />
Morocco<br />
Table 3: RE projects <strong>in</strong> the pipel<strong>in</strong>e - Morocco<br />
<strong>Project</strong> Developer Technology MW Expected Operation Date<br />
Noor I ACWA Power Ouarzazate; Aries; MASEN; TSK CSP 160 Jan 2016<br />
Noor II ACWA Power; Sener CSP 200 2017<br />
Noor III ACWA Power; Sener CSP 150 2017<br />
Noor Tafilet Solar Power <strong>Project</strong> Bidd<strong>in</strong>g Process PV 75 2016<br />
Noor Atlas RFP Jan 2016 PV 200 (8 plants) 2017<br />
Noor PV Third Phase Plann<strong>in</strong>g PV 125 2018<br />
Integrated W<strong>in</strong>d Power <strong>Project</strong> Bidd<strong>in</strong>g process W<strong>in</strong>d 850 2020<br />
Parc Eolien de Taza EDF/Mitsui W<strong>in</strong>d 150 2016<br />
Koudia Baida Theolia/CED W<strong>in</strong>d 300 2017<br />
• l Morocco’s government has committed to produce 42%, or 6,000 MW, of the<br />
country’s power generation capacity from RE sources by 2020 through $13<br />
billion <strong>in</strong> <strong>in</strong>vestments.<br />
• l Of the 6,000 MW planned RE capacity, 2,000 MW will come from w<strong>in</strong>d, 2,000<br />
MW from solar PV/CSP, and 2,000 MW from hydropower.<br />
• l The Moroccan Integrated W<strong>in</strong>d <strong>Energy</strong> Programme aims to <strong>in</strong>crease w<strong>in</strong>d<br />
energy capacity from 280MW <strong>in</strong> 2010 to 2000MW by 2020, by construct<strong>in</strong>g<br />
w<strong>in</strong>d farms across five different sites <strong>in</strong> the country at an <strong>in</strong>vestment cost of<br />
$3.5 billion.
<strong>Renewable</strong> <strong>Energy</strong> <strong>in</strong> <strong>MENA</strong><br />
<strong>Project</strong> <strong>Map</strong> <strong>Infographic</strong><br />
Morocco<br />
F<strong>in</strong>ancial Situation<br />
Credit Rat<strong>in</strong>g<br />
S&P: BBB- Outlook: Stable<br />
Moody’s: Ba1 Outlook: Stable<br />
Fitch: BBB- Outlook: Stable<br />
GDP Total (2014): $110 billion<br />
GDP Per capita (2014): $7,606<br />
GDP Annual Growth (2015): 2.5%<br />
F<strong>in</strong>anciers:<br />
• l African Development Bank<br />
• l Agvance Africa<br />
• l Banque Maroca<strong>in</strong>e du Commerce Exterieur<br />
• l Clean Technology Fund<br />
• l <strong>Energy</strong> Development Fund (FDE)<br />
• l <strong>Energy</strong> Investment Company (SIE)<br />
• l European Bank for Reconstruction and Development<br />
• l European Investment Bank<br />
• l French Development Agency (AFD)<br />
• l German Development Bank (KfW)<br />
• l Infrastructure and Natural Resource Group<br />
• l International Bank for Reconstruction and Development<br />
• l Moroccan Infrastructure Fund<br />
• l Société d’Investissements Energétiques<br />
• l Société Générale Maroca<strong>in</strong>e des Banques<br />
• l Susta<strong>in</strong>able <strong>Energy</strong> Fund for Africa<br />
• l Swicorp