Investors warm to Jordan’s green strategy
Chinese developers are latest to enter the fray as country’s pipeline of green hydrogen projects implies potential investment of $28b by end of decade
Momentum is building behind Jordan’s ambitions to develop its green hydrogen sector. Prospective investors are circling, despite the wider uncertainty gripping the industry, and multinational institutions are helping the government to craft the physical infrastructure and regulatory backdrop required to move projects beyond the drawing board. Jordan was an early convert to renewables by dint of its lack of domestic fossil-fuel resources, with a rapid buildout in the 2010s giving solar and wind a roughly 28% share in national generation capacity. Its proximity to Europe offers an opportunity to export green hydrogen, with the Red Sea port of Aqaba envisaged as the industry’s main hub. A
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