Source: Masdar

Masdar has signed a memorandum of understanding (MoU) with the Jordan government for the development of renewable energy projects with a total capacity of 2 gigawatts.

“The projects being explored through this memorandum would support Jordan’s ambitious renewable energy goals and help to ensure energy security for the nation,” Sultan Al Jaber, United Arab Emirates (UAE) Minister of Industry and Advanced Technology, Special Envoy for Climate Change, and Chairman of Masdar, said.

“As we look toward hosting COP28 in the UAE next year, Masdar is dedicated to supporting our neighboring countries in the Middle East in their energy transitions.”

The project is also in line with Jordan’s goal to raise the share of renewable energy in its power mix to 50% by 2030 from the current 29%.

“The country is also looking to become a regional hub for green energy production benefiting from the abundance of renewable energy energies, in addition to its central location in the Middle East and Africa,” Saleh Al-Kharabsheh, the Jordanian Minister of Energy and Mineral Resources, said.

“In Jordan, we believe in the collaborative work; whether on the regional or national level, and the partnership with our brothers in the UAE and Masdar under this agreement will help our country to reach our sustainability ambitions.”