Seven Sisters : Accelerating Solar Power Investments
In the face of high and volatile fossil fuel prices the government of Jordan launched an aggressive national strategy to increase production of privately financed, commercial scale renewable energy. This pivot was initially met with skepticism from...
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| Format: | Brief |
| Language: | English |
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International Finance Corporation, Washington, DC
2018
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| Online Access: | http://documents.worldbank.org/curated/en/527941477470988086/Seven-sisters-accelerating-solar-power http://hdl.handle.net/10986/30344 |
| Summary: | In the face of high and volatile fossil
fuel prices the government of Jordan launched an aggressive
national strategy to increase production of privately
financed, commercial scale renewable energy. This pivot was
initially met with skepticism from developers and
financiers. Yet by aggregating seven small, individual solar
power projects into a single, standardized financing
structure, the Seven Sisters, the country was able spread
costs, shorten timelines, and ultimately attract the
necessary financing and developers to make the effort a reality. |
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