Martifer Solar will begin construction of a 57 MWp portfolio of solar PV projects in Jordan. The portfolio consists of four projects, which were awarded successfully with Power Purchase Agreements under Round 1 of Jordan’s National Renewable Energy Plan. Of the 57 MWp portfolio, there are three projects each with an individual capacity of 11 MWp, located near the city of Ma’an in south-central Jordan—Al Ward Al Joury, Al Zahrat Al Salam and Al Zanbaq. In addition, there is one project, Jordan Solar One, with a capacity of 24 MWp, to be constructed near the northern town of Mafraq.- While the UK government’s recent decision to remove renewable energy sources from Climate Change Levy (CCL) exemption will generate around £490 million by 2016 and up to £1 billion per year by 2020, the policy will have a negative impact on the country’s renewable sector, says an analyst with research and consulting firm GlobalData. According to Prasad Tanikella, GlobalData’s Senior Analyst covering Power, the renewable energy sector may suffer in the next few years, but decreasing costs will mean that it will continue to grow in the long term.
- A new report from Navigant Research analyzes the market for natural gas refueling infrastructure and the factors expected to influence its deployment, including global market forecasts segmented by fuel type, station type, and region, through 2025. The total number of global natural gas refueling stations is expected to grow from 23,001 in 2015 to 38,887 in 2025.
- The opportunities for institutional investors to invest in hydropower may increase as the limited secondary market in existing hydro plants begins to open up, according to a new paper published by Aquila Capital, one of Europe’s leading independent alternative asset managers. “Real Assets – Hydropower Investments,” explains how hydro plants are beginning to be sold as energy suppliers offset losses in other sectors. Hydropower also provides the strongest diversification in renewables portfolios, the report says.
