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June 4, 2019

Jordan to produce 20 per cent of energy from renewables by 2025

About 11 per cent of the kingdom’s current total power production comes from clean energy sources.

By MEED   

Jordan is expecting 20 per cent of its power to be produced by renewable energy resources by 2025, the Ministry of Energy & Mineral Resources (MEMR) has revealed.

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Jordan renewable energy 2019

By the end of 2018, Jordan was producing 1,130MW of power from renewable energy resources, accounting for about 11 per cent of total electricity requirements. By 2021, the installed capacity will have more than doubled to 2,400MW, MEMR said in a statement.

Jordan has ramped up its installed renewable energy capacity through a combination of utility-scale independent power producer (IPP) projects in combination with a smaller solar rooftop initiative.

The utility-scale IPP projects have been tendered through a direct proposal programme and directly negotiated IPPs. Projects under the first round of the direct proposal programme were completed in 2016. The first phase, which has a total capacity of 204MW, included the development of 10 photovoltaic projects in Ma’an – one in Irbid and one in Aqaba.

MEED recently reported that MEMR was planning to open commercial bids for planned 50MW wind projects under the third round of the direct proposal programme by the end of May. MEED reported in December that the ministry had received proposals from six groups for 50MW wind projects under the third round of its direct proposal programme.

MEED This article is sourced from Power Technology sister publication www.meed.com, a leading source of high-value business intelligence and economic analysis about the Middle East and North Africa. To access more MEED content register for the 30-day Free Guest User Programme. 

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Wind Power Market seeing increased risk and disruption

The wind power market has grown at a CAGR of 14% between 2010 and 2021 to reach 830 GW by end of 2021. This has largely been possible due to favourable government policies that have provided incentives to the sector. This has led to an increase in the share of wind in the capacity mix, going from a miniscule 4% in 2010 to 10% in 2021. This is further set to rise to 15% by 2030. However, the recent commodity price increase has hit the sector hard, increasing risks for wind turbine manufacturers and project developers, and the Russia-Ukraine crisis has caused further price increase and supply chain disruption. In light of this, GlobalData has identified which countries are expected to add the majority of wind power capacity out to 2030. Get ahead and download this whitepaper for more details on the current state of the Wind Power Market.
by GlobalData
Enter your details here to receive your free Report.

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