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Jordan renewable energy investment grows
The article focuses on the role of the private sector in developing Jordan's renewable energy sector, where its companies lead most of the projects for generating electricity from solar and wind sources. This has contributed to reducing the burden on the government and increasing reliance on local energy sources. However, the sector faces challenges related to frequent changes in legislation, a weak electricity grid, and rising interest rates, all of which impact the feasibility of investments. To promote growth, it is recommended to reform policies, enhance regional cooperation, and provide incentives for investment. Additionally, supporting scientific research and energy storage technologies is essential, with the goal of building a sustainable system that ensures energy security and fosters future economic development.
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