Jordan advances energy initiatives
The report focused on Jordan's progress in implementing energy sector projects within the framework of the Economic Modernization Vision 2026-2029. A $1 billion investment agreement was signed to produce 100,000 tons annually of green ammonia, with a financial closure expected in 2027 and operational start-up anticipated in 2030. An agreement was also reached to purchase power for the establishment of two power plants, each with a capacity of 700 MW. Additionally, strategic projects are underway, including the development of diverse industrial cities, gas field development, and the beginning of new drilling operations in the Risha field. In the renewable energy sector, electricity has been supplied to 203 sites, traditional lighting units have been replaced with LED fixtures, solar photovoltaic systems installed in 70 municipalities, and solar water heating systems developed in nine hospitals with technical personnel training. Over 4,000 solar water heaters have been installed in residential homes. Efforts have also been made to enhance energy efficiency in the industrial and tourism sectors and to upgrade government buildings, all aimed at improving energy performance and reducing costs.
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