Jordan Islamic Bank opens 2.7-MW solar system

Solar panels. Author: Frédéric BISSON. License: Creative Commons, Attribution 2.0 Generic.

July 30 (Renewables Now) - Jordan Islamic Bank (JIB) on Sunday announced the opening of a 2.7-MWp solar power plant that is believed to be the largest rooftop project in Jordan.

The inauguration ceremony was held last week at the bank's Bonded Centre in Sahab, King Abdullah II Industrial City.

JIB said that solar power generation will cover 75% of the consumption of its branches, offices and administrations in Amman, Zarqa, Madaba and Balqa and 100% of the consumption of 38 branches and offices in addition to its head office.

The JOD-1.4-million (USD 2m/EUR 1.7m) plant took about nine months to build. According to the announcement, the cost recovery period of the plant is estimated to be about one and a half years.     

(JOD 1 = USD 1.410/EUR 1.205)

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Plamena has been a UK-focused reporter for many years. As part of the Renewables Now team she is taking a keen interest in policy moves.

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