Jordan

Map of Jordan

Country Initiatives

Country Initiatives Details

Solar PV Installation in Jordan

Canada’s Total Contribution: $21,200,000

Targeted Countries: Jordan

Funding Period: 2010/2011

Project Funded through a Canadian Facility: IFC - Canada Climate Change Program (CCCP)

Delivery Partner(s):

Description

The IFC-Canada Climate Change Program will finance a 50 megawatt (MW) solar photovoltaic (PV) power plant in northern Jordan. The project is sponsored by a leading renewable energy developer with a global footprint and the intention to grow its portfolio of renewable power assets in emerging markets. Program funds will support one of the lowest tariffs for solar PV in the Middle East and North Africa (MENA) region, making it one of the lowest cost producers of power in the country.

Results/Expected Outcomes

The completion of the plant is expected to provide Jordan with clean energy, help reduce the country’s reliance on expensive fossil fuels, and demonstrate the low cost of solar PV, which can be replicated in other countries. With support from Canada, this project is expected to mobilize an additional $63.7 million in co-financing from public and private sources and lead to an estimated greenhouse gas emissions reduction of 86,800 metric tons of CO2 per year.*
Co-Financing/Mobilized Finance (CAD$): $63,700,000
Estimated GHG (metric tons of CO₂) Reduction Associated with Project (per year)Disclaimer *: 86,800
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