APICORP bolsters Jordan’s energy sustainability with stake in Tafila wind farm – ZAWYA

APICORP bolsters Jordan’s energy sustainability with stake in Tafila wind farm – ZAWYA

APICORP's 20% equity stake in the project also marks its first equity investment in the country.JWPC's mandate is in line with Jordan's ambitious target to have clean energy account for 20% of the country's overall power generation by 2021, thereby developing new and sustainable energy sources as part of the country's energy mix.. The $287 million 117-megawatt wind farm connected to the national grid accounts for 12% of Jordan's total operating renewable energy generation, generating around 350GWh of clean energy annually which can power 83,000 homes.. With the Arab world's abundant wind resources, we see wind power as a viable component and key technology in the region's future power generation mix, offering a sustainable, cost-effective energy source that will enable wider access to modern electricity to millions of people and spur employment and economic growth.". With the investment, we have established a presence in Jordan and look forward to growing our asset base in sustainable infrastructure investments such as Tafila Wind Farm.". The report said wind power would be a "key technology for producing sustainable, cost-effective energy that will enable access to modern electricity for all, creating skilled jobs and driving local economic growth.". It further illustrates the success of