European Union Energy Initiative (EUEI)
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Bea Gonzalez posted Information 8 January 2014

In December 2013, Phoenix Solar and Mustakbal Clean Tech signed an agreement for the contract of a 1MW PV plant for the Ma’an Development Company. This is the first-utility-scale project confirmed to go ahead in the country.

Bea Gonzalez posted Information 16 July 2013

At the end of June, the International Finance Corporation (IFC) approved over $47 million of loan financing for a 30MW PV plant to sell energy to the spot market. Another sign of investor confidence in a fast-growing market.