Tag: energy

Jordan’s Greenest Buildings

According to the United States Green Building Council, buildings are one of the heaviest consumers of natural resources and account for a significant portion of greenhouse gas emissions. But in recent years a move towards implementing green building practices has…

Omar Razzaz

The Refugee Crisis: Don’t Forget Jordan

Europe’s refugee crisis shouldn’t blind the international community to the heavy economic toll the Syrian conflict is having on Jordan. By Khalid W. Wazani Two years ago, the Ministry of Planning and International Cooperation joined forces with the United Nations…

EBRD Loans $21 million to Al Jazeera Agricultural Company

In an effort to foster economic development in rural areas of Jordan, the European Bank for Reconstruction and Development (EBRD) has loaned $21 million to the Al Jazeera Agricultural Company to help expand and upgrade its facilities. The investment will…

Jordan Secures $3 Billion ITFC Import Loan

Jordan has signed up to a five-year, $3 billion loan package with the International Islamic Trade Finance Corporation (ITFC) to finance the import of energy and food staples. Minister of Planning and International Cooperation Imad Fakhoury said the country’s private…

Think Tank Questions Effectiveness of NEPCO Rescue Plan

A new Identity Center report has questioned the effectiveness of the National Electric Power Company’s (NEPCO) cost recovery strategy, after it found a recent round of electricity tariff hikes failed to drag the publicly-owned company out of debt, but led…

A Necessary Loan

As Jordan’s $2 billion dollar stand-by arrangement with the world’s lender of last resort comes to an end, the International Monetary Fund’s mission chief for Jordan Kristina Kostial said the Kingdom has by and large stuck to its promise of…

QRCE: A Decade of Startup Support

The Queen Rania Center for Entrepreneurship (QRCE) is marking its tenth anniversary by taking stock of past achievements and preparing for a future packed with exciting new ideas to develop. By Jane Hosking The QRCE, based out of Princess Sumaya…

Nuclear Giving Way to Renewables Globally – Study

While Jordan is moving forward with its controversial nuclear energy program, a new study said solar energy added 26 percent more electricity to the global grid than nuclear last year. The latest edition of the World Nuclear Industry Status Report, which…

Fund Activates JD25 Million for Renewable Energy Projects

The Jordan Renewable Energy and Energy Efficiency Fund (JREEEF) said it has given the green light for the disbursement of JD25 million to provide financial and technical assistance to sustainable energy projects through to 2018. The fund, which is a branch…

Autumn Launch for First Wind Farm

Jordan’s first utility-scale wind project is set to begin operating in September, said the head of the company behind the pioneering project which aims to help diversify Jordan’s energy basket away from its overwhelming reliance on expensive fossil fuels. Jordan…