Jordan secures $56.5m loan with EBRD for power
The project will involve the construction of a new substation in northern Jordan to enhance the power grid''s capacity for existing and
These funds will finance the construction of a new high-voltage electricity substation in northern Jordan in order to improve the grid's capacity, enabling it to handle existing and new generation in the north of the country.
In response to this, Fichtner in collaboration with the Jordanian Ministry of Energy and the transmission system operator, NEPCO, has analyzed the potential for battery energy storage and, in the role of Transaction Advisor, is providing support for implementing a pilot project.
As Jordan pursues its ambitious renewable energy targets for 2030, the strengthening of transmission infrastructure is crucial to support the growing share of renewables.
It is the owner and operator of Jordan's transmission system, as well as the single buyer of electricity. Since the start of its operations in Jordan in 2012, the EBRD has invested almost €2.3 billion across 74 projects, providing more than €815 million to projects in the country's energy sector through 14 loans.
PDF version includes complete article with source references. Suitable for printing and offline reading.
Download detailed product specifications, case studies, and technical data for our off-grid PV containers and mobile energy storage solutions.
15 Innovation Drive
Johannesburg 2196, South Africa
+27 87 702 3126
Monday - Friday: 7:30 AM - 5:30 PM SAST