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Jordan Procurement News Notice - 59665


Procurement News Notice

PNN 59665
Work Detail In a significant step towards promoting renewable energy adoption, the Ministry of Energy and Mineral Resources (MEMR) in Jordan has introduced an online platform for inquiries related to the subsidy program for residential solar heaters and PV systems. The initiative, managed by the Renewable Energy and Energy Efficiency Encouragement Fund (JREEEF), aims to provide direct financial support to citizens looking to install solar water heaters and PV systems. The program covers 30% of the installation costs for eligible households, aligning with Jordan’s commitment to sustainable energy practices. Key Points: Program Details: The online platform allows citizens to explore program specifics, frequently asked questions and a list of approved financing windows. Application Process: Interested individuals can use the platform to inquire about preliminary inclusion in the program. Upon approval, beneficiaries are directed to designated financing windows to complete the necessary technical documentation for service acquisition. Financial Support: The third phase of the national program offers direct subsidies to Jordanian households, covering 30% of the costs associated with solar water heaters and PV systems. Payment Facilities: To further facilitate participation, the program provides approved financing options through banks and local associations. This approach aims to reduce the financial burden on citizens and contribute to decreasing monthly electricity bills. Renewable Energy Impact: Jordan has been a regional leader in utilizing renewable energy sources, with 27% of the country’s generated electricity coming from renewables. The subsidy program is expected to have a direct economic, social, and environmental impact on targeted beneficiaries in the residential sector.The MEMR’s initiative underscores Jordan’s commitment to harnessing renewable energy and creating partnerships between the public sector, commercial banks, and local associations. This collaborative effort seeks to empower citizens with financing options, making the installation of PV systems and solar water heaters accessible to a broader population and benefiting around 7,000 households and 35,000 citizens.
Country Jordan , Western Asia
Industry Energy & Power
Entry Date 13 Feb 2024
Source https://solarquarter.com/2024/02/12/jordans-memr-launches-online-platform-for-residential-solar-subsidy-program/

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