Sterling and Wilson Solar, an EPC and O&M solutions provider, has commissioned a 66 MW solar power plant in Jordan. The Al Husainiyah power plant is located in Ma’an Governorate, south of Jordan’s capital Amman. The project is located on an area of 1.3 sq. kms.
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The European Bank for Reconstruction and Development (EBRD) and German development finance group, DEG have provided a $10.6 million loan in local currency to Yellow Door Energy to develop, construct and operate a portfolio of eight solar projects in Jordan. EBRD also mobilised $5 million provided by the Global Environment Facility and DEG provided senior loans worth $15.6 million for the projects, taking the total loan value to $31.2 million. The projects will have a total installed capacity of 48.3 MW and will generate 81 GWh of renewable energy per annum.
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The experiences of Jordan and Rwanda show that there are different ways to address this challenge. In retaining the fund model, Jordan seeks to innovate within its constraints, while Rwanda is creating a new institution to expand the financial instruments available to it.
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