Mitsubishi Corp announced June 26, 2014, that it will participate in the operation of the largest mega (large-scale) solar power plant (52.5MW) in Jordan.
The mega-solar plant will be operated by Diamond Generating Europe (the UK-based subsidiary of Mitsubishi), Nebras Power (an electricity producer owned by Qatar-based power producer Qatar Electricity & Water) and Kawar Group (a Jordan-based developer). Kawar Group is responsible for the development of the plant. Diamond Generating Europe, Nebras Power and Kawar Group will form a power producer with investment ratios of 35%, 35% and 30%, respectively.
The plant will be built in Ma'an Development Area (MDA) located in the southern part of Jordan and is scheduled to start power generation in early 2016. All the electricity generated at the plant will be sold to National Electric Power, a state-owned power company in Jordan, based on a long-term contract.
In Jordan, electric power demand is growing at an annual average of 7% due to economic growth. Amid such circumstances, the government of Jordan decided to promote the privatization of power production businesses in 2002 to increase the total power generation capacity of the country. Also, the government enacted a "renewable energy law" in 2010 in the aim of introducing about 1,600MW of renewable energy-based power generation facilities by 2020.
In 2011, Mitsubishi donated a solar power generation system for supplying electricity to Petra, UNESCO World Heritage site in Jordan. In 2012, it participated in the thermal power generation project with an output of about 600MW near Amman, the capital of Jordan. And the company plans to continue to contribute to stable electricity supply and the introduction of renewable energy in the country.