Renewables

Zorlu Enerji, JDECO to install 1.8 MW solar power plant in Palestine

Zorlu Enerji

Photo: Signing ceremony (Zorlu Enerji)

Published

September 9, 2019

Country

Comments

comments icon

0

Share

Published:

September 9, 2019

Country:

Comments:

comments icon

0

Share

Turkish power producer Zorlu Enerji will install a 1.8 MW solar power plant in the Jericho region of Palestine in cooperation with Jerusalem District Electricity Company (JDECO), according to a press release from Zorlu Enerji.

The company and JDECO established a joint venture called ZJ Strong in May, with Zorlu Enerji holding a 75% share and JDECO the remaining 25%.

ZJ Strong has taken its first step toward building a 1.8 MW solar power plant in the Jericho region of Palestine, the company said.

According to the press release, the company and ZJ Strong will build the solar energy power station on land rented from JDECO. The electricity will be sold to JDECO for 25 years at a guaranteed price.

Power supply company JDECO distributes 25% of its electricity in Palestine, while Zorlu has 1,086 MW of installed capacity, combining 17 power plants in Turkey (seven hydropower plants, three wind farms, four geothermal power plants, and three natural gas power plants) and four abroad (a wind power plant in Pakistan and three natural gas power plants in Israel).

The signing ceremony was attended by Palestinian Energy and Natural Resources Authority Chairman Zafer Milhem, Zorlu Enerji CEO Sinan Ak, Vice Consul of Turkey in Jerusalem Ihsan Eralp Semerci, JDECO General Manager Hisham Omari, and Bank of Palestine General Manger Hashim Shawa.

Zorlu Enerji CEO Sinan Ak said the company aims to secure a total of 100 MW of installed capacity in the region.

According to Palestinian Energy and Natural Resources Authority Chairman Zafer Milhem, the three sides are considering the installation of a 5 MW solar power plant in the future.

Zorlu Enerji also has signed a loan agreement in the amount of ILS 5 million (about EUR 1.28 million) to be used for the financing of power plants, the press release reads.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Romania risks power outages as import capacity is nearing its limits

Romania risks power outages as import capacity is nearing its limits

09 December 2024 - Imports account for over 35% of power consumption in Romania during daily peaks, but Minister of Energy Sebastian Burduja isn't pessimistic

montenegro tpp pljevlja sasa mujovic necp

Montenegro drafts NECP: TPP Pljevlja to be shut down by 2041

09 December 2024 - The Ministry of Energy of Montenegro submitted the draft NECP to the Energy Community Secretariat for a review

Bulgaria call standalone energy storage 4 3 times oversubscribed

Bulgaria’s call for standalone energy storage is 4.3 times oversubscribed

09 December 2024 - Developers in Bulgaria applied for 4.3 times more in grants for standalone energy storage than the budget. Funding is uncertain, though.

Bulgarian citizens demand referendum on wind farm construction on agricultural land

Bulgarian citizens demand referendum on wind farms on agricultural land

09 December 2024 - Citizens from four Bulgarian districts protested in Varna, calling for a referendum on constructing solar and wind farms on agricultural land