The Jordanian Ministry of Energy and Mineral Resources and Masdar, an energy company located in the United Arab Emirates, have agreed to a 2GW renewable energy capacity agreement. The two parties will focus on investment and development possibilities in Jordan’s renewable energy sector under the terms of the MoU. The agreement also includes the exchange of knowledge and expertise in green energy and infrastructure development, including electricity transformation, distribution and exportation.
Based in Abu Dhabi, Masdar specialises in renewable energy projects, low-carbon urban development and clean-tech innovations. Earlier this month, Masdar, along with its Dutch joint venture company Infinity Power and Hassan Allam Utilities signed a MoU with Egypt’s Ministry of Electricity and Renewable Energy to construct a 10 GW onshore wind project in Egypt. The project would be able to generate 47,790 GWh of clean energy annually as part of the country’s Green Corridor strategy, displacing 23.8 million tonnes of carbon emissions.