JREEEF Expands Solar Energy Support With New Subsidy Agreements

(MENAFN- Jordan Times) AMMAN - Minister of energy and Mineral Resources Saleh Kharabsheh, who is also chair of the board of directors of the Jordan renewable Energy and Energy Efficiency Fund (JREEEF), on Monday signed 12 agreements with several charitable and cooperative associations.

The agreements designate these associations as accredited financial windows for a programme supporting the installation of solar panel systems and solar water heaters for households.

The programme, implemented by JREEEF within the ministry, provides a 30 per cent subsidy.

During the signing ceremony, Kharabsheh stressed that the agreements aim to support the residential sector by reducing electricity costs for citizens.

He highlighted that the initiative aligns with the ministry's strategy to enhance reliance on local energy sources and the Economic Modernisation Vision.

Kharabsheh also noted that the ministry is developing new programmes to offer higher subsidies to low-income households, which is dependent on securing the necessary funding.

This phase of the subsidy programme targets the installation of 4,000 solar energy systems and 5,000 solar water heaters by the end of 2025.

Kharabsheh underscored the ministry's commitment to equitable distribution of subsidies across all regions of the Kingdom, considering charitable associations as key partners in executing the programme.

He said that any association meeting the programme's eligibility criteria is welcome to participate.

For his part, Executive Director of the JREEEF Rasmi Hamzeh stressed the programme's direct economic impact on citizens.

He urged associations to ensure careful implementation and adherence to the fund's guidelines.

Heads of the participating associations commended the initiative, highlighting its significant role in reducing household electricity bills.

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