Jordan expands EU backed investment in renewable energy sector

Jordan recently ratified the Paris Agreement and is increasingly investing in renewable energy sources. 

The country has historically imported around 97% of its energy needs. To unlock the country’s potential, the government initiated in 2015 a number of solar and wind agreements which should be operational by 2018. Like in many other emerging markets, the business case for commercial and industrial electricity consumers to adopt renewable energy more widely, has become extremely compelling.  The combination of high solar yields, plummeting solar plant costs and high electricity prices have also created the perfect conditions for the rapid expansion of distributed renewable energy generation. 

[Full article here | photo by Sheila Sund]