24 C
Dubai
Wednesday, April 24, 2024
spot_img

Masdar inaugurates Jordan’s largest 200 MW Bainouna solar park

[ad_1]

  • Baynouna Solar Park produces more than 560 gigawatt-hours (GWh) of energy annually—enough to power 160,000 homes
  • project help Jordan Achieving the goal of meeting 50% of electricity demand from renewable sources by 2030
  • PhD sultan arjaberChairman Masdar and COP28 President-elect hails project’s role in maintaining 1.5-degree warming target and providing jobs and economic opportunities for kingdom
  • COP28 UAE will focus on moving from goals to implementation, with a clear focus on demonstrable action, mitigation, adaptation, loss and damage, and financing

Abu DhabiUnited Arab Emirates, February 25, 2023 /CNW/ — Baynouna Solar Corporation (BSCE), a joint venture between Masdar, the UAE’s world-leading renewable energy company, and Taaleri, a Finnish investment and asset management group, announces the official completion of the 200 megawatt (MW) Baynouna Solar Park— — Jordan’s largest clean energy project.

The inauguration took place in the presence of the Prime Minister of Kazakhstan, His Excellency Bischer Al-Khasawneh. Jordanand attended by Dr. He Sultan Ahmed JaberUAE Minister of Industry and Advanced Technology, COP28 President-elect and Chairman of Masdar; Dr. He Saleh Halab Sheikh, Jordan’s Minister of Energy and Mineral Resources; and Sheikh Khalifa Bin Mohammed Bin Khalid Al Nahyanambassador of uae Jordan. Other senior officials from the government were also present at the ceremony Jordan and Masdar’s senior management.

he Jabersaid, “Working with the Jordanian government, the Bennouna Solar Park will help Jordan’s Climate goals, delivering clean energy, creating jobs and ensuring economic growth.Along with our other project here – Tafila Wind Farm – Masdar is already helping Jordan 29% of its electricity comes from renewable sources and will support its goal of increasing this to 50% by the end of the decade. Ambitious and transformative partnerships like this are exactly what we need if we are to deliver on the commitments of the Paris Agreement and continue to ensure that we curb emissions, not progress. COP28 There will be a focus on moving from goals to implementation, with a clear focus on demonstrable action on mitigation, adaptation, loss and damage, and financing, as we aim to maintain our goal of limiting global warming to 1.5 degrees. “

Dr. He Saleh Halab SheikhThe Minister of Energy and Mineral Resources of Jordan said, “In accordance with the instructions of His Majesty King Abdullah II, Jordan Regional Green Center

In terms of development, the Ministry focuses on developing local energy sources to achieve energy security, enhance self-reliance and limit the impact of climate change. Looking at the world today, we will find that renewable energy, especially solar and wind energy, is the fastest growing and most widely used renewable energy source, and now is the time to maximize the advantages of renewable energy. “

Developed through a Power Purchase Agreement between Masdar and National Power Corporation, Jordan’s State electricity provider Bennouna Solar Park produces more than 560 gigawatt-hours (GWh) of energy annually, enough to power 160,000 homes. The plant also emits 360,000 tons of carbon dioxide per year, the equivalent of taking nearly 80,000 cars off the road.

HE Sheikh Khalifa Bin Mohammed Bin Khalid Al Nahyan, Ambassador Extraordinary and Plenipotentiary of the UAE Jordansaid, “This inauguration is a landmark moment in the history of our two countries and will help strengthen the already strong relationship between us. The UAE is committed to helping our brotherly countries in the region achieve their clean energy goals , we stand ready to further share our expertise with governments and people Jordan and help achieve sustainable economic development. “

Mohammad Jameel Al RamahhiMasdar CEO said, “We are proud to witness the completion of this project, which is the Jordan. We would like to thank our government partners, Ministry of Energy and Mineral Resources, National Power Corporation Jordan, and the financial institutions that helped make the project possible.we are always ready to support Jordan In its energy transition, we will seek to increase our presence in Saudi Arabia by developing clean energy projects that further drive the country’s economic growth. “

Financial institutions supporting the Bennouna project include the International Finance Corporation (IFC), the OPEC Fund for International Development (OFID), KfW’s DEG and the Japan International Cooperation Agency (JICA).

peter ramsayTaaleri Group CEO said: “We are delighted to be in Jordan. This impressive project is a testament to the strength of the partnership between Masdar and Taaleri, two long-time pioneers active in the field of renewable energy. We are proud to work with our partners and investors to advance our shared global climate change mitigation goals. “

Masdar also operates the 117 MW Tafila Wind Farm, which was completed in 2015 – Masdar’s first commercial utility-scale wind project middle East. exist November 2022Masdar signed a memorandum of understanding with the Jordanian Ministry of Energy and Mineral Resources to explore the further development of 2 gigawatts (GW) of renewable energy projects in the country.

Energy transition central component of UAE’s priorities as it prepares to host 28th sessionday Conference of the Parties to the Framework Convention on Climate Change (COP28) In November-December.The conference is the largest annual gathering of policymakers and practitioners focused on climate change and sustainable development, bringing more than 70,000 officials from the public and private sectors to Beijing Expo City dubai.

For more information, please visit: http://www.masdar.ae and connect: facebook.com/masdar.ae and twitter.com/masdar

About Masdar

Abu Dhabi Future Energy Company (Masdar), the UAE’s clean energy champion and one of the largest companies of its kind in the world, is committed to advancing the development and deployment of renewable energy and green hydrogen technologies to address global sustainability challenges . Founded in 2006, Masdar is now active in more than 40 countries, helping them achieve their clean energy goals and drive sustainable development. Masdar is jointly owned by Abu Dhabi National Oil Company (ADNOC), Mubadala Investment Company (Mubadala) and Abu Dhabi National Energy Company (TAQA), and under this ownership, the company aims to own at least RM100 watts of renewable energy portfolio capacity (GW), and annual green hydrogen production capacity of 1 million tons by 2030.

This material is distributed by DJE Edelman Inc on behalf of Masdar. More information from the Department of Justice, Washington DC.

photo – https://mma.prnewswire.com/media/2009839/Masdar.jpg
photo – https://mma.prnewswire.com/media/2009840/Masdar_2.jpg
photo – https://mma.prnewswire.com/media/2009841/Masdar_3.jpg
logo – https://mma.prnewswire.com/media/1973446/Masdar_Logo.jpg

SOURCE Masdar

For more information: For media inquiries, please contact: [email protected]



[ad_2]

Source link

Related Articles

NASA’s Revealing Images of UAE’s Flooded Regions Post-Heavy Rains

NASA Unveils Aerial Views of UAE's Flooded Regions A "slow-moving storm" system unleashed unprecedented torrential rains across various parts of the Emirates, inundating the UAE...

DXB Issues Advisory Amid Impending Unstable Weather

DXB Issues Advisory Amid Unforeseen Weather As UAE residents gear up to face the anticipated onslaught of unstable weather conditions sweeping across the country, travelers...

UAE Streets, Parks, and Malls Buzzing with Eid Al Fitr Festivities, Glorious Gathering

UAE Streets, Parks, and Malls Overflowing with Festive Spirit Amidst the joyous occasion of Eid Al Fitr, the streets, parks, and malls of the United...

UAE Gold Prices Reach New All-Time High, Surging by Dh4.50 per Gram

UAE are advised to stay informed and exercise caution when navigating the gold market, keeping in mind the potential risks and rewards associated with...

Abu Dhabi BAPS Hindu Mandir, Enhancing Visitor Experience Efficient Pre-Registration

Abu Dhabi BAPS Hindu Mandir Unveils Streamlined Pre-Registration System In a significant move aimed at enhancing visitor experience and ensuring a smooth flow of devotees,...

Latest Articles