• Aug 02, 2019

CIF, EBRD finance largest private-to-private solar project in Jordan

CIF Action 

This announcement is courtesy of the European Bank for Reconstruction and Development (EBRD).

The Climate Investment Funds (CIF), the European Bank for Reconstruction and Development (EBRD), and a range of multi-sector partners have come together to finance a record-breaking solar power facility in Jordan. The project is Jordan's largest private-to-private solar complex, expected to produce 70 gigawatt hours (GWh) of energy and reduce carbon emissions by 41,500 tons every year. 

Jordan has seen a remarkable rise in solar power capacity, jumping from around 20 megawatts (MW) in 2012 to over 1,000 MW this year. A reported 1.2 GW is under construction or development.

Read more in the EBRD press release here.