Jordan seeks to establish a `green corridor` for renewable energy

<p style=";text-align:left;direction:ltr">ArabiaWeather.com- The Jordanian National Electric Power Company seeks to exploit renewable energy to produce electricity through the implementation of the &quot;Green Corridor&quot; project, which is 150 kilometers long, linking multiple sites in the Kingdom.</p><p style=";text-align:left;direction:ltr"></p><p style=";text-align:left;direction:ltr"> <span style="line-height: 1.6em;">The company will hold a meeting this month, September, with a delegation from the project financiers, to discuss the details and terms of the tender that will be offered for this purpose.</span></p><p style=";text-align:left;direction:ltr"></p><p style=";text-align:left;direction:ltr"> <span style="line-height: 1.6em;">Those in charge of the project expect it to enter service during the year 2018, according to the plan. This carrier will provide a capacity to absorb 1,200 megawatts of renewable energy from the first and second phase projects implemented by the private sector to produce electricity from solar energy, and government projects in the fields of renewable energy as well.</span></p><p style=";text-align:left;direction:ltr"></p><p style=";text-align:left;direction:ltr"> <span style="line-height: 1.6em;">The cost of the project will be about $160 million. The government, represented by the National Electric Power Company, will pay $12.6 million of this amount, according to Al-Ghad newspaper.</span></p><p style=";text-align:left;direction:ltr"></p><p style=";text-align:left;direction:ltr"></p><p style=";text-align:left;direction:ltr"> <span style="line-height: 1.6em;">In addition, European grants through the Neighborhood Policy Agreements amount to $20.2 million, and a loan of about $126.9 million that the government&#39;s Public Debt Committee recently approved for the National Electric Power Company.</span></p><p style=";text-align:left;direction:ltr"></p><p style=";text-align:left;direction:ltr"> <span style="line-height: 1.6em;">The company also obtained the approval of the European Investment Bank and the French Development Agency to obtain the loan from them as financiers of the project.</span></p><p style=";text-align:left;direction:ltr"></p><p style=";text-align:left;direction:ltr"> <span style="line-height: 1.6em;">It is noteworthy that the current network can only accommodate 700 megawatts of renewable energy projects until the end of the current year 2015.</span></p><p style=";text-align:left;direction:ltr"></p><p style=";text-align:left;direction:ltr"> <span style="line-height: 1.6em;">The energy strategy includes raising the contribution of renewable energy in the energy mix to 7% in 2015 and 10% in 2020, including 600 to 1,000 megawatts of wind energy, 300 to 600 megawatts of solar energy, and 30 to 50 megawatts of waste.</span></p><p style=";text-align:left;direction:ltr"></p><p style=";text-align:left;direction:ltr"> <strong><span style="line-height: 1.6em;">Read more about renewable energy:</span></strong></p><p style=";text-align:left;direction:ltr"> <a href="http://www.arabiaweather.com/content/الممكلة-المغربية-البدء-بانشاء-أكبر-محطة-لتوليد-الطاقة-الشمسية-على-مُستوى-العالم"><strong>The Kingdom of Morocco: Starting construction of the world&#39;s largest solar power plant</strong></a></p><p style=";text-align:left;direction:ltr"> <a href="http://www.arabiaweather.com/content/سلطنة-عمان-تبني-أكبر-محطة-للطاقة-الشمسية-في-العالم"><strong>The Sultanate of Oman is building the largest solar power plant in the world</strong></a></p><p style=";text-align:left;direction:ltr"> <a href="http://www.arabiaweather.com/content/اليابان-تقر-خطة-لتوليد-الكهرباء-بالطاقة-النووية"><strong>Japan approves a plan to generate electricity with nuclear energy</strong></a></p><p style=";text-align:left;direction:ltr"></p>