Renewable Energy Investment in Jordan

Jordan has tremendous wind, solar and biomass energy potential which can only be realized by large-scale investments. In 2007, the Government of Jordan developed an integrated and comprehensive Energy Master Plan. Renewable energy accounted for only 1% of the energy consumption in Jordan in 2007. However, ambitious targets have been set in the Master Plan to raise the share to 7% in 2015 and 10% in 2020. This transition from conventional fuels to renewable energy resources will require capital investments, technology transfer and human resources development, through a package of investments estimated at US $ 1.4 – 2.2 billion. The … Continue reading