Jordan's 1GW Wind Project, Powered by Masdar

Published on:
by KnowESG
KnowESG_Jordan's 1GW Wind Project, Powered by Masdar
Image courtesy of Masdar

Abu Dhabi Future Energy Company PJSC, commonly known as Masdar and recognised as the UAE's prominent player in clean energy, has entered into a joint development agreement with the Jordanian Ministry of Energy and Mineral Resources.

This collaboration aims to spearhead the development of a 1 gigawatt (GW) wind project complemented by a battery energy storage system (BESS). Additionally, a memorandum has been signed to investigate the viability of establishing a green hydrogen plant.

The formal signing of these agreements took place during COP28 and involved Masdar's Chief Executive Officer, Mohamed Jameel Al Ramahi, and the Jordanian Minister of Energy and Mineral Resources, His Excellency Dr. Saleh Al-Kharabsheh.

This significant event was witnessed by key figures such as UAE Minister of Industry and Advanced Technology, COP28 President, and Masdar Chairman, HE Dr. Sultan Al Jaber, and Jordan's Minister of the Environment, H.E. Dr. Muawieh Khalid Radaideh.

The joint study will assess the feasibility of implementing a green hydrogen project near The Port of Aqaba, utilising abundant wind and solar resources. The aim is to produce highly cost-competitive hydrogen, leveraging desalinated seawater and dedicated renewable power sources.

Expressing enthusiasm about the collaboration, Masdar CEO Mohamed Jameel Al Ramahi stated, "Jordan has the potential to become a global powerhouse in the green energy transition, and Masdar is delighted to bring our expertise to help Jordan achieve its decarbonisation plans."

In response, Jordan's Minister of Energy and Mineral Resources, HE Dr. Saleh Al-Kharabsheh, highlighted the government's commitment to positioning Jordan as a regional centre for green energy production. He emphasised the strategic advantages, such as abundant renewable energy sources and a favourable geographical location, contributing to providing cost-competitive green hydrogen fuel and access to European markets.

The Minister also underscored the significance of the partnership with Masdar, emphasising its alignment with the Economic Modernisation Vision (2023-2033) recently launched by the Jordanian government. This vision includes investments in green hydrogen production projects as part of Jordan's initiatives to transition towards clean energy and achieve net-zero goals.

Masdar, already active in Jordan through its Baynouna Solar Energy Company joint venture, is dedicated to pursuing a target of 1 million tonnes of green hydrogen production by 2030. This aligns with the UAE's broader plans to establish itself as a green hydrogen hub, capturing a significant portion of the global low-carbon hydrogen market by 2030.

As a global leader and catalyst in advancing renewable energy and green hydrogen technologies, Masdar has a robust presence in over 40 countries across six continents. Their diverse portfolio of investments, totalling more than US$30 billion, reflects their commitment to addressing pressing sustainability challenges worldwide.

For more technological news

To view and compare company ESG Ratings and Sustainability Reports, visit our Company ESG Profiles page.

Source: Masdar


Tech Headlines

Cycling Gear Goes Green with Plant-Based Fabric

Cycling Gear Goes Green with Plant-Based Fabric

Samsara Eco Launches World's First Recycled Nylon 6,6

Samsara Eco Launches World's First Recycled Nylon 6,6

Microsoft Integrates AI for ESG Reporting

HSBC, Google Cloud Team Up for Climate Tech Solutions

Archroma Advances Sustainable Dyeing with AVITERA

Celanese and Under Armour Develop Neolast™ Fibre

CarbonChain’s New Tool to Trace Carbon Footprint

Cone Denim Showcased CIRCULOSE® at Kingpins

Holcim, Greentown Labs Partner to Decarbonise Buildings

Stellantis Invests in Tiamat and Sodium-Ion Technology