EBRD supports solar power in Jordan
Energy

EBRD supports solar power in Jordan

Mon, 2016-11-28 08:34

US$ 54 million to 60.3 MWp Mafraq solar power plant being developed by ACWA Power.

The European Bank for Reconstruction and Development (EBRD) is continuing its support for renewable energy in Jordan by providing a US$ 54 million A/B loan to The Local Company for Water and Solar Energy Projects PSC, a wholly-owned subsidiary of International Company for Water and Power Projects (ACWA Power), for the construction of the ACWA Power Mafraq Photovoltaic Independent Power Plant.

The financing comprises an A loan from the EBRD of US$ 27 million and a B loan of the same amount from the Netherlands Development Finance Company.

The 60.3 MW photovoltaic (PV) power plant will be located in the King Hussein Bin Talal development area of the Mafraq region in north Jordan.

Read the full article by Nibal Zgheib via EBRD web site.

[Photo by David Goehring | Flickr]

solar renewable energy jordan
EBRD supports solar power in Jordan
  • Have your say here!Leave your comments, ask your questions and share your ideasIf you have already registered in our website,
    Log in and you are ready for leaving your message    If you haven't already registered in our website,
    please create a new account by clicking Register

Good practices and European projects map

@AgoraMedSpring

Good practices and European projects map

About the author

Medspring Agora team's picture

The Euro-Mediterranean AGORA is a way to engage the civil society in the institutional and policy dialogue on research and innovation with the aim of becoming an integral part of the decision making and governance processes.

The Agora is an important component of the broader MEDSPRING project, supported by the European Union with the aim of strengthening the Euro-Mediterranean dialogue and cooperation on research and innovation.

Copyright

Licence

Also on MedSpring

EU, North Africa green energy tie-up draws closer

EU, North Africa green energy tie-up draws closer
An experimental project connecting renewable energy researchers in the EU with colleagues in Morocco and Tunisia could help pave...

The water hyacinth is taking over the Nile

The water hyacinth is taking over the Nile
The water hyacinth is spreading, and Cairo is worried. Most measures taken to eliminate this plant have failed, and it threatens...

Water for Food Security: A Vital Resource to Feed the Planet

Water is central to the productivity and resilience of global agriculture. We need to use the precious resource wisely in order...

Tag cloud

agriculture Algeria biodiversity brokerage climate change cooperation COP22 desalination Drought egypt EMEG energy Energy efficiency environment euromed family farming food food security greece Hackathon infographic innovation interview Irrigation jordan Lebanon livestreaming Malta Mediterranean MENA migration morocco nexus nile olive Organic farming palestine permaculture renewable energy renewables report research small farmers smart agriculture soil solar solar energy spain sustainability Syria training tunisia waste water water water management water scarcity water security Wind wind energy women
More