Company Presentation

Philadelphia Solar (PS) is a specialized solar company that was established

As a Photovoltaic Panel and Mounting Structure Manufacturer PS is the

first MEA-based company to manufacture, develop, design, construct,

own and operate utility-scale, commercial and industrial Photovoltaic

plants.

Established in 2007 with 10 MW as an annual capacity, 11 years later our

PV panels annual production capacity has Expanded 50 times to reach

500 MW in Jan 2020, accompanied with a steel structure Production line

with 300 MW annual capacity.

Today PS employs more than 500 employees in Jordan. Philadelphia Solar

Exports approached more than 45 countries worldwide.

About2

USD, and current working capital of 75 million USD.

in 2007 with a buildup area of 14,200 m and a startup capital of 25 million

ManufacturerPV Modules / Mounting Structure

EPC

Developer / Investor

Philadelphia Solar

PV Modules

• Technical Support and Customer Service.• Automated Robotic Production Line.• High efficiency solar panels with positive tolerance power output.

• Most experienced and largest PV modules factory with an annual capacity of 500 MW.

MCS BBA 0026 ,UL/CUL and CEC ,SOLARIF, TUV ,CE , ISO 9001:2008.• Fully certified PV panels (IEC, ISO18000, ISO 14000 ,PV Cycle membership,

• First tracking system made in the Middle East.• Self Repairing Protection for Cut Edges.

• More than 100 MW references in Jordan alone.

Mounting Structure

• Largest permanent developer EPC in the Middle East that employs more than 140 employees.

• More than 120 MW references in Jordan.

• EPC projects in the Middle East (Egypt, KSA and Lebanon).

• Acceptable EPC for all national banks in Jordan, bankable by AFD for Al Manara Project.

• One of the few international EPC with utility scale storage system.

EPC

Developer / InvestorAl Badiya Power Generation – 23 MWp, Jordan - Al Mafraq• First private PPA in the Middle East.• Commercial Operation Date Feb 2019.• First operated project in the first round.• %70 local content.• Financed by AFD and Central Bank of Jordan through the Capital Bank.• First large utility scale storage system in MEA.• 150 local employees worked in the project construction, and 20 local permanent employees in the project.• 100,000 $ of the project revenues supports King Hussein Cancer Center.

• COD in Q2 2019.

• Shareholders: Philadelphia Solar (Lead developer, %51), Norfund (%18), Scatec Solar (%31).

• Financed by EBRD and Islamic Development Bank.

• Financial close on Oct 2017.

50 MW (67 MW DC) Project - Egypt

Developer / Investor

Developer / Investor50 MW (68 MW DC) Project – Jordan, Al Husainiyah• PPA signing on Jan 2018.

• Financial close on Apr 2019.

• Shareholders: Philadelphia Solar (Lead developer) and AMEA Jordan.

• Expected operation on Q3 - 2020.

• Financer: FMO and DEG.

Recent Success MilestonesPhiladelphia Solar Company and 22 other companies signed a Memorandum of Understanding with the Ministry of Energy and Mineral Resources which were qualified to invest in the project of storage of electrical energy with a capacity of 30 MW (60 MWh) and with an investment cost of about 40 million dollars, this project considered as the first of its kind in the region and the first phase of a major power storage project.

Philadelphia Solar company signed the Power Purchase Agreement (PPA) for the 68 MW DC PV station (50 MW AC) with the National Electric Power Company (NEPCO) which will be installed in the south of Jordan, this PV station will include more than %50 of local components using high efficiency Jordanian Philadelphia Solar panels, and the power plan for the station is expected to generate 150 GWh annually, Philadelphia Solar will design the system with Jordanian manpower, and all procedures of the PV station was approved from the MEMR’s energy consultant.

Philadelphia Solar company signed the Power Purchase Agreement (PPA) with Irbid District Electricity Company for the 11 MWp expansion of Al Badiya Power Generation (currently 12 MWp) that is considered the largest power storage plant in the Middle East and the region, this expansion will consist of approximately 34,350 polycrystalline panels (320 Wp each), Philadelphia Solar made a state-of-the-art single axis tracking system (Model: PS1-P-Tracker), and a 12 MWh Lithium Ion energy storage systems, the 11 MWp power plant’s purpose is to peak shave and power shift to increase the stability of the grid and support the grid at peak load hours, additionally it will also enhance the availability of energy during the day time hours.

Philadelphia Power (subsidiary of Philadelphia Solar) and the Norwegian company Scatec Solar signed a Power Purchase Agreement (PPA) for the 50 MW Power Plant in Egypt, this project is part of the FiT programme with the Egyptian Electricity Transmission Company and the Renewable Energy Authority.

Multiple EPC Projects

• Zghair and Marrar for Plastic Factory – 780 kWp

• Philadelphia University – 853 kWp

• Jordan Tinplate Canning And Printing Industry – 896 kWp,

• Al Zaytoonah University – 1.77 MWp

• Green Salon Sweets - 1.02 MWp

• Irbid Mall – 1.167 MWp

• North Gate Mills Factory – 2.2 MWp

• Istishari Hospital – 2.5 MWp

• Giant Industrial Group Factories - 2.7 MWp

• United Cable Industries Company (UCIC) - 4.5 MWp

• Clemenceau Hospital – 8.2 MWp

• Teeba Metal Industries - 14.7 MWp

• Social security coorporation 18.75 MWP• Al Badiya Project - 23 MWp

For More Information

www.philadelphia-solar.com