The Energy & Minerals Regulatory Commission in Jordan issued on Tuesday 1 November 2016, in the official gazette number 5430 a mechanism used to calculate the price of purchasing electricity under the direct proposal submission process (replacing the previously issued mechanism issued in official gazette number 5264 on 16 January 2014) for the following renewable energy sources:
- Solar PV
- Concentrated Solar
The ceiling price for solar PV and wind projects will be based on the average price of accepted proposals in the previous round.
Now that the mechanism to calculate prices of purchasing electricity from the direct proposal submission process has been released for solar PV and wind energy it is expected that the Ministry of Energy and Mineral Resources will release the request for expressions of interest for Round 3 solar and Round 2 wind very soon.