Jordan: 23 companies qualified to invest project for electricity storing
(MENAFN) A total of 23 companies out of 41 were qualified by The Energy Ministry of Jordan to invest in a project aiming to store power on the National Electric Power Company's (NEPCO) electricity conveyance grid.
According to the Jordan News Agency, the private sector financed the project with 60 megawatt each hour capacity and its predicted investment worth is $30-40 million.
The purpose of the project is to guarantee the electric grid steadiness and to raise renewable energy's involevement, according to Energy Minister Saleh Kharabsheh.
According to the Jordan News Agency, the private sector financed the project with 60 megawatt each hour capacity and its predicted investment worth is $30-40 million.
The purpose of the project is to guarantee the electric grid steadiness and to raise renewable energy's involevement, according to Energy Minister Saleh Kharabsheh.

Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research

Stratx Launches Compliance-Aware Routing Protocol For Stablecoins, Rwas, And Cross-Border Settlement
- Kucoin Appeals FINTRAC Decision, Reaffirms Commitment To Compliance
- FBS Analysis Shows Ethereum Positioning As Wall Street's Base Layer
- VCUK Launches New Private Equity And Venture Capital Initiative With A Focus On Europe
- Zebu Live 2025 Welcomes Coinbase, Solana, And Other Leaders Together For UK's Biggest Web3 Summit
- Betfury Is At SBC Summit Lisbon 2025: Affiliate Growth In Focus
- Moonx: The Leading Crypto Trading Platform With X1000 Leverage And Unlimited Meme Coin Access
Comments
No comment