Jordan waiting on $300mn UAE grant
Cash will allow country to proceed with expansion of power grid.
Jordan is waiting on a $300mn grant from the UAE before expanding its national power grid.
Receipt of the funds will help boost the capacity of the grid to allow the country to proceed with plans to add more renewable energy projects, according to Energy Minister Mohammad Hamed.
"Once we get the grant, we will be able to offer tenders to expand the capacity of the grid, a matter that will help us resume several renewable energy projects and absorb new capacities," Hamed told The Jordan Times.
In late July, the government cancelled plans for a third renewable energy procurement round due to the inability of the grid to absorb the extra capacity.
Plans for solar photovoltaic (PV) projects of 100MW were shelved because the government does not have the funds in place to finance the expansion of the grid.
Grid capacity currently stands at 3,200MW and it can accept another 500MW.