Image: Hisham Zayadneh, Unsplash
The Jordanian Ministry of Energy and Mineral Resources has introduced a brand new rebate program for PV techniques and photo voltaic thermal collectors, in accordance with the state-owned Jordan News Agency.
The ministry stated the rebates will cowl as much as 30% of the acquisition and set up prices of both rooftop PV techniques or photo voltaic collectors. The JOD 8 million ($11.2 million) program will even supply services to pay the remaining quantity by way of accredited banks and native associations.
The new scheme is anticipated to assist the deployment of 4,000 PV techniques and 5,000 photo voltaic thermal techniques.
The Jordan Renewable Energy and Energy Efficiency Fund (JREEEF) will present funding for the brand new part of the scheme, which gives subsidies to initiatives below the nation’s web metering regime.
Jordan may have 1.99 GW of cumulative put in PV capability by the tip of 2023, in accordance with the newest statistics from the International Renewable Energy Agency (IRENA).
Analysis by knowledge consultancy Wiki-Solar, revealed by pv journal by 2023, Jordan will rank third on the planet for the contribution of utility-scale photo voltaic to whole vitality consumption. Research exhibits that Jordan’s massive photo voltaic capability is equal to 17% of the nation’s annual consumption by 2022.
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