Mega Green Energy Projects in Jordan: How Do We Reduce the Cost?
Jordan has a huge natural advantage. It gets excellent sunshine all year round and has powerful wind corridors. The country is also in a perfect location to sell clean energy to Europe and Asia. Jordan wants to build massive solar and wind plants, and it plans to create a major green hydrogen network by 2030. However, building these mega projects costs billions of dollars. Because these projects are so expensive to build upfront, the cost of borrowing money from banks is the biggest barrier holding them back. If interest rates and financing costs are too high, the clean energy produced … Continue reading