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EBRD Sustainability
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Case Studies > Boosting solar power in Jordan

Impact

Boosting solar power in Jordan

There is a growing demand for power in Jordan, but despite the country's huge potential for solar power generation, it still imports 97 per cent of the energy it consumes.

In 2014 the EBRD gave Jordan’s renewable energy sector a major boost with four investments in solar power plants worth a total of US$ 75 million (€62 million equivalent). The four plants will together deliver 60 MW of much-needed power-generating capacity from a clean, reliable domestic resource, thereby reducing Jordan’s dependence on expensive imported hydrocarbons.

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SECTOR Renewable energy EBRD INVESTMENT €62 million
OTHER BENEFITS Clean, reliable energy Total annual CO2 savings estimated at 156,000 tonnes