NewsJordan Renewable Energy Fund Completes Residential Solar Program's Second Phase

Jordan Renewable Energy Fund Completes Residential Solar Program’s Second Phase

The Jordan Renewable Energy and Energy Efficiency Fund (JREEEF) recently completed the second phase of its 2022-2023 program, aimed at promoting the residential use of solar panels.

Growatt

Through a 30% subsidy, JREEEF partnered with local associations and banks to install solar water heating systems in 4,500 households and supported 1,500 households with solar panels in this phase.

The total cost of the project was JD10 million, with JD3.5 million provided by the fund to cover system costs. JREEEF plans to continue the initiative with a new phase in 2023-2024, maintaining the same mechanisms and conditions, in collaboration with banks and local associations.

Since its establishment in 2015, JREEEF has provided subsidies for solar water heating and panel installations to approximately 50,000 Jordanian households.

The fund’s initiatives extend beyond residential areas, covering industrial, tourism, agricultural sectors, religious institutions, public schools, municipalities, health centers, and hospitals. Additionally, JREEEF promotes capacity building and conducts extensive awareness campaigns to highlight the benefits of solar energy.

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