- 170 megawatts of planned 1,000 megawatts already installed
- Kingdom to double share of renewables to 25 percent by 2025
Jordan plans to have 500 megawatts of wind and solar power capacity by the end of this year as the country boosts the amount of electricity produced with renewable energy, according to a statement by Ibrahim Saif, the Minister of Energy and Mineral Resources.
Of the planned 1,000 megawatts of projects being developed in the kingdom, 170 megawatts are already operational and the rest is expected to come online by 2018, the ministry said. The statement was delivered Saturday by Ziad Jibril Sabra, an adviser to the energy minister, at an annual meeting of the International Renewable Energy Agency in Abu Dhabi.
A number of nations in the Middle East are seeking to diversify their energy supplies away from conventional fuels, such as natural gas, and have set targets for the amount of their energy mix coming from clean sources. Jordan seeks to double the share of renewable energy projects providing its electricity to 25 percent by 2025.
The country, a net importer of oil and gas, spent almost a fifth of its gross domestic product on importing energy last year. Every $1-a-barrel increase in the price of oil costs Jordan’s economy another $50 million annually, according to the statement. The nation has attracted $1.6 billion in investments in renewable-energy projects, it said.