Back to the complete issue
Wednesday, 9 November 2022

Israel and Jordan ink renewables trade agreement

Jordan agrees to trade solar for water from Israel: The two countries inked an agreement that will see Jordan export 600 MW of solar power in exchange for 200 mn cubic meters of desalinated water from Israel, Reuters reports. No details about the cooperation project’s timeline or longevity were disclosed.

Background: Discussions about the agreement started in November 2021, after a letter of intent was signed by both countries. The completion of an initial feasibility study proving the project’s potential, the newswire notes.

Why is this important for Jordan? The Hashemite Kingdom is the world’s second most water-deficient country generating 400 cubic meters below the threshold that defines water scarcity per capita, according to UNICEF. The country already sources 50 mn cubic meters of water from Israel, as per an agreement signed in 2021 between the neighboring countries.

Enterprise Climate is available without charge thanks to the generous support of HSBC (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; and Infinity Power (tax ID: 305-170-682), the leading generator and distributor of renewable energy in Africa and the Middle East. Enterprise Climate is delivered Mon-Thurs before 4 am UAE time. Were you forwarded this copy? Sign up for your own delivery at climate.enterprise.press. Contact us on climate@enterprisemea.com.