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MASE Joins Jordan Strategy Forum

mase-jsf

MASE joins the Jordan Strategy Forum as its newest clean energy-focused member

  • JSF is a leading Jordanian think tank on economic development
  • It’s by-invitation only membership ensures a dynamic vetting process
  • As a JSF member, MASE will leverage its award-winning track record to provide actionable insights in the field of clean energy

Amman, Jordan – September 2020, MASE, the leading regional solar operations and maintenance firm, has joined the Jordan Strategy Forum as its newest clean energy-focused member.  MASE will leverage its award-wining track record and knowledge base in developing and operating utility-scale solar PV plants across the region to provide the Forum with actionable insights in the field of clean energy.

 

“The opportunity to be part of Jordan’s leading economic development think tank is something that we are very excited about.  At MASE, we’ve developed a deep understanding of how clean energy power generation assets can positively impact Jordan’s energy infrastructure and we look forward to sharing those insights to advance Jordan’s energy ambitions and advocate for energy diversity across Jordan’s grid”, said Tareq Khalifeh, MASE’s Managing Director.

 

JSF has been an instrumental platform in bridging together Jordan’s private and public institutions.  The Forum’s member base includes an array of Jordan’s most reputable firms operating across diverse business sectors and the Forum has become renowned for its high-profile events.

 

On his part, JSF’s CEO His Excellency DR. Ibrahim Saif said: “we are very excited to welcome MASE as a member of the Jordan Strategy Forum. I am thankful for your trust in us and very sure that it will be a win-win relationship. The forum is only as strong as its base of members, and we are counting on your active contribution to our committees and activities.”

 

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About Jordan Strategy Forum

Jordan Strategy Forum is a leading think tank on Economic development. Founded on August 30, 2012, JSF was formed in order to enable the private sector to engage in constructive dialogue on local economic issues and achieve comprehensive economic development. From start-ups to established companies and medium-sized firms, JSF consists of a variety of companies, in addition to scholars and specialists of the Jordanian economy.

 

About MASE

MASE operates, maintains and manages commercial and utility-scale solar PV plants with a combined capacity exceeding 100 MWp of operating assets under management.  Our dedication is to long-term performance and our award-winning operations and maintenance value proposition comprises a turn-key scope covering preventive and corrective maintenance, performance engineering and rehabilitation.

In June 2019, we received the ‘Fastest Growing O&M Service Provider’ award for the MENA region from International Finance Magazine, a leading UK-based industry publication.  In May 2020, we signed an O&M contract to operate and maintain CIM’s Falcon Ma’an Solar PV Plant.

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MASE to Operate & Maintain CIM’s Shamsuna Solar PV Plant

Shamsuna

MASE signs operations and maintenance contract for Shamsuna 10 MW Solar PV Plant

  • Located in Aqaba, the Plant is part of Jordan’s Round I Renewable Energy Program and a member of IFC’s Seven Sisters
  • MASE will carry out a turn-key O&M services scope 

Amman, Jordan – May 2020: MASE, the leading regional solar operations and maintenance firm, signed a turn-key contract with Catalyst Investment Management (CIM) to operate and maintain the Shamsuna 10 MW Solar PV Plant located within Solar Park I of the Ma’an Development Area in Ma’an, Jordan.  The Plant, owned by CIM, is part of Jordan’s Round I Renewable Energy IPP Program.  It is financed by the World Bank’s International Finance Corporation (IFC), acting as mandate lender for the Seven Sisters Program, together with the Entrepreneurial Development Bank (FMO).

Under the contract, MASE will carry out turn-key operations, maintenance and management services comprising preventative, predictive and corrective maintenance to ensure the plant’s long-term performance and optimal availability.  MASE was selected by CIM as part of a competitive request for proposal process, which involved technical and commercial due diligence carried out by the project lenders and their technical advisers.  The process and subsequent award further cements the bankability of MASE’s solar O&M value proposition and adds upon its rapidly growing operational track record in Jordan.

A case for operating brownfield PV plants in Jordan       

The Shamsuna Solar PV Plant was commissioned in February 2016 and operates under a 20-year PPA with the National Electric Power Company (NEPCO).  The Plant was constructed by Enerray as EPC Contractor, also acting as O&M up until the handover to MASE, as second-term O&M service provider.  The O&M contract with MASE will be one of the first major involvement of a specialized O&M firm in a brownfield utility-scale solar PV plant in Jordan and is expected to set a local contractual and operational precedent for other solar assets opting to decommission the involvement of the EPC Contractor in the longer-term operations and maintenance.

 

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About Catalyst Investment Management

Catalyst Investment Management (also known as Catalyst Private Equity) is a specialized energy and water sector investment management company operating out of Jordan, covering primarily the Middle East and North Africa.

CIM’s goal is to help create, invest in, and grow a world class base of renewable energy projects and value added companies that primarily supply the energy and water treatment sectors. These companies range from project developers and projects, to technology developers, to product developers that will help grow and maintain the region’s vital energy and water sectors. Given the region’s global significance in these sectors, the region becomes a platform for the global market. CIM partners with international and regional technology and industry specialists to support this vision.

About MASE’s O&M Value Proposition

MASE operates, maintains and manages commercial and utility-scale solar PV plants with a combined capacity exceeding 100 MWp of operating assets under management.  Our dedication is to long-term performance and our award-winning operations and maintenance value proposition comprises a turn-key scope covering preventive and corrective maintenance, performance engineering and rehabilitation.

In June 2019, we received the ‘Fastest Growing O&M Service Provider’ award for the MENA region from International Finance Magazine, a leading UK-based industry publication.  In May 2020, we signed an O&M contract to operate and maintain CIM’s Falcon Ma’an Solar PV Plant.

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MASE to Operate & Maintain Falcon Ma’an Solar Plant

Falcon Ma'an Plant

MASE inks operations and maintenance contract for Falcon Ma’an 23 MW Solar PV Plant

  • Plant developed and owned by Catalyst Investment Management, a leading clean energy developer
  • MASE will carry out a turn-key O&M services scope 
  • Contract further cements the bankability of MASE’s solar O&M value proposition

Amman, Jordan – May 2020: MASE, a leading regional solar operations and maintenance firm, signed a turn-key contract with Catalyst Investment Management (CIM) to operate and maintain the Falcon Ma’an 23 MW Solar PV Plant located within Solar Park I of the Ma’an Development Area in Ma’an, Jordan.  The Plant, developed and owned by CIM, is part of Jordan’s Round I Renewable Energy IPP Program.  It is financed by the World Bank’s International Finance Corporation (IFC), acting as mandate lender for the Seven Sisters Program, together with the Entrepreneurial Development Bank (FMO).

Under the contract, MASE will carry out turn-key operations, maintenance and management services comprising preventative, predictive and corrective maintenance to ensure the plant’s long-term performance and optimal availability.  MASE was selected by CIM as part of a competitive request for proposal process, which involved technical and commercial due diligence carried out by the project lenders and their technical advisers.  The process and subsequent award further cements the bankability of MASE’s solar O&M value proposition and adds upon its rapidly growing operational track record in the region.

A case for brownfield PV plants in Jordan       

The Falcon Ma’an Plant was commissioned in October 2016 and operates under a 20-year PPA with the National Electric Power Company (NEPCO).  The Plant was constructed by Enerray as EPC Contractor, also acting as O&M up until the handover to MASE, as second-term O&M service provider.  The O&M contract with MASE is considered the first major involvement of a specialized O&M firm in a brownfield utility-scale solar PV plant in Jordan and is expected to set a local contractual and operational precedent for other solar assets opting to decommission the involvement of the EPC Contractor in the longer-term operations and maintenance.

 

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About Catalyst Investment Management

Catalyst Investment Management (also known as Catalyst Private Equity) is a specialized energy and water sector investment management company operating out of Jordan, covering primarily the Middle East and North Africa.

CIM’s goal is to help create, invest in, and grow a world class base of renewable energy projects and value added companies that primarily supply the energy and water treatment sectors. These companies range from project developers and projects, to technology developers, to product developers that will help grow and maintain the region’s vital energy and water sectors. Given the region’s global significance in these sectors, the region becomes a platform for the global market. CIM partners with international and regional technology and industry specialists to support this vision.

About MASE’s O&M Value Proposition

MASE operates, maintains and manages commercial and utility-scale solar PV plants with a combined capacity exceeding 100 MWp of operating assets under management.  Our dedication is to long-term performance and our award-winning operations and maintenance value proposition comprises a turn-key scope covering preventive and corrective maintenance, performance engineering and rehabilitation.

In June 2019, we received the ‘Fastest Growing O&M Service Provider’ award for the MENA region from International Finance Magazine, a leading UK-based industry publication.  In December 2019, we signed an O&M contract to operate and maintain the Masdar City Solar PV Plant on behalf of Masdar, a leading regional renewable energy developer.

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MASE Receives Fastest Growing O&M Award 2019

IFM O&M Award 2019

MASE has received IFM’s ‘Fastest Growing O&M Service Provider’ award 2019

  • MASE fastest growing O&M in the Middle East
  • MASE’s O&M assets under management grew by 60 MW in 2019

London, UK – June 2019: MASE has been recognized by International Finance Magazine (IFM), a leading industry publication, as the region’s fastest growing solar operations and maintenance service provider for the year 2019.  MASE grew its utility-scale solar O&M assets under management by over 60 MWp this year alone.

The award, announced by IFM on May 30 2019, is categorized under the publication’s utility and energy classification which covers 15 segments this year and features companies from across the Middle East, North Africa and Asia regions.  MASE is the sole Jordanian company to receive an award by IFM this year while companies operating within the utility and energy sectors from the UAE, Qatar, Kuwait, Malaysia, China and Thailand also emerged as winners under various other categories.

 

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About the MASE O&M Value Proposition

MASE’s operations and maintenance value proposition is trusted by leading solar developers, lenders and governments to provide turn-key preventive, corrective and conditional operations and maintenance services as well as comprehensive asset management solutions in line with industry best practices. MASE’s assets under management exceed 100 MWp of operational solar PV projects comprising a diverse portfolio of distributed, commercial and utility facilities.

About IFM Awards

Since 2013 International Finance Awards recognizes industry talent, leadership skills, industry net worth and capability on an international platform.  After careful consideration of nominations by a qualified research team, winners are declared on the strength of their application and past accomplishments. These winners are felicitated at a glittering awards gala, held at a premium five-star venue in a major business hub.

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Solar O&M in the Middle East: technical challenges and solutions

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pv-tech-logo

 

The Technical Paper is published in PV Tech Power‘s Volume 13 (December 2017).

MASE, the region’s leading utility solar O&M provider with over 100 MW of operational and underway solar assets under management, has contributed a technical paper in this month’s edition of PV Tech Power, the solar industry’s foremost technical publication.

The technical paper, titled ‘Solar O&M in the Middle East: technical challenges and solutions‘ covers a handful of unique technical and operational challenges facing utility solar operators in the Middle East region and some of the innovative solutions emerging to keep plants running in the harshest conditions.  The paper leverages MASE’s on-the-ground operational experience and evaluates a number of technical challenges including:

  • The impact of soiling on plant performance, optimal cleaning frequency and methodology;
  • Grid instability concerns, availability and the impact of frequency fluctuations;
  • Equipment design, vulnerability to harsh environmental conditions and recommendations.

In additional to comprehensive technical analysis, the paper builds upon MASE’s O&M experience and provides real-time insight and actionable observations to assist plant owners, contractors and equipment manufacturers in understanding the unique operational challenges of operating utility solar facilities in the Middle East region.

Authors: Tareq Khalifeh (MASE Director of Operations), Haya Shahatit (MASE Project Coordinator), Ady Almadanat (MASE Project Engineer) and Omar Baker (MASE Project Engineer).

 

About MASE’s O&M Value Proposition

MASE is dedicated to long term solar performance. Our focus is to become the leading provider of O&M and asset management services for solar plants in the Middle East. Currently, our solar assets under management comprise over 100 MWp of capacity. Our utility solar O&M value proposition covers:

  • Peak performance, maximum availability and rapid intervention;
  • Local on the ground presence, industry best practices and cutting-edge testing and diagnostics technology;
  • Regional partnerships with leading global O&M service providers.
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Venture Magazine: ATC Secures Financing for Solar Project, MASE to Operate & Maintain

mase-on-venture-safawi

ATC Secures Financing for 66.69 MWp Solar PV Project

Post originally published by Venture

Arabia Trading & Consulting (ATC – an Arabia Group company), a leading Jordanian utility-scale solar developer, has announced it has reached financial close for its second solar project in Jordan, further cementing its commitment towards supporting Jordan’s renewable energy ambitions and expanding its investments in IPP solar assets.

Financial close has been achieved on a $65 million loan divided equally between the European Bank for Reconstruction and Development (EBRD) and the Netherlands Development Finance Company (FMO). The loan will be provided to Al Safawi for Green Energy PSC, an SPV representing the consortium of ATC and Fotowatio Renewable Ventures (FRV), to finance the Al Safawi 51 MW (66.69 MWp) Solar PV Plant.

The Al Safawi Solar PV Plant is ATC’s second solar project in Jordan, having previously developed the currently operational Arabia One 11.52 MWp Solar PV Plant in Ma’an as part of Round 1. By achieving this milestone, ATC remains the only developer to be successfully involved in each of Jordan’s renewable energy IPP programs and is the only local developer in Round 2. ATC’s affiliate MASE will be providing turnkey operations and maintenance services to the 66.69 MWp solar plant.

The project will incorporate single-axis tracking technology that will optimize its performance, with more than 200,000 monocrystalline photovoltaic panels that will generate enough electricity to supply more than 40,000 Jordanian homes. The project is expected to generate over 100 jobs during its construction and permanent jobs once the operation is started.

Mohanned Khalifeh, Arabia Group CEO, emphasised the importance of local developers in advancing Jordan’s dynamic shift towards clean and sustainable energy: “The Al-Safawi project further cements ATC’s commitment towards supporting Jordan’s renewable energy ambitions. The project, which was originated by ATC, is our second solar development in Jordan. As the only local developer to be successfully involved in this second round of solar programme, we endeavour to amplify our commitment through the capacity building of local Jordanian talent across all project phases. This project would not have achieved this important milestone without the unwavering support of the relevant public entities including the Ministry of Energy & Mineral Resources (MEMR) and the National Electricity Production Company (NEPCO).”

Harry Boyd-Carpenter, EBRD Director for Power and Energy, said: “This project is the third financed by EBRD under Jordan’s second round of its solar energy program, bringing the total installed capacity of power projects supported by EBRD in Jordan to more than 1,000 MW AC. We are pleased to continue our successful cooperation with FMO and FRV, and delighted to support FRV and ATC in this fruitful collaboration.”

Rafael Benjumea, CEO of FRV highlighted the social impact of the project: “Al Safawi’s project shows once again the commitment of the Jordanian government to implement its energy strategy and meet established renewable targets. With this being our latest project in Jordan, FRV is contributing to Jordan’s sustainable development with the generation of clean and affordable energy in the country.”

 

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MASE to Speak at Solar O&M and Asset Management

mase-press-release

MASE to speak at Jordan’s first event focused on utility-scale solar O&M

MASE, a Jordan-based regional clean energy developer, installer and O&M provider, is pleased to confirm that it’s Director of Operations, Tareq Khalifeh, shall speak at the Solar O&M and Asset Management MENA conference scheduled to be held in Amman, Jordan from 17-18 October, 2016.

As Jordan’s leading operator and manager of solar assets and one of the MENA region’s forefront O&M and Asset Management companies, MASE shall present feedback from real-life experience in operating and maintaining utility-scale PV plants.

MASE’s principal O&M and Asset Management portfolio includes 16.5 MWp of installed capacity and 70 MWp of underway developments due to be managed by MASE by 2017.

About Tareq Khalifeh, MASE Director of Operations

Tareq co-founded MASE in 2013 following a career in consulting and serves as the Company’s Director of Operations, responsible for its day-to-day management, operations and development.  Tareq has led the development of Jordan’s first major solar IPP to be connected to the national grid – the Arabia One 11.52 MWp solar PV plant currently operational in Ma’an.  At various levels, Tareq has been actively involved in the development of over 70 MWp of installed or underway solar developments.

Tareq holds a Bachelor’s degree in Industrial Engineering from Purdue University in the US and an MSc in Energy Trade and Finance from Cass University in London.

https://jo.linkedin.com/in/khalifeh

About Solar O&M and Asset Management MENA

Solar O&M and Asset Management MENA will provide the key industry platform to discuss and share best practice O&M and Asset Management strategies for MENA’s developing solar projects. The conference will gather key developers, EPC contractors, O&M providers and investors to discuss O&M strategies for long-term energy savings, increased energy yield and optimized asset performance.

http://www.solaroandmmena.com/

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