90m euro loan for municipalities to implement renewable energy projects

AMMAN — Deputy Prime Minister and Minister of Local Administration Tawfiq Krishan, on Thursday, said that the Kingdom’s 100 municipalities will benefit from the Municipal Energy Efficiency Program to implement renewable energy projects, according to Jordan News Agency, Petra.اضافة اعلان

During a meeting at the port city of Aqaba, Krishan added that the European Investment Bank (EIB) and Cities and Villages Development Bank (CVDB) will implement the 90-million euro program.

According to Krishan, the program includes establishing farms to generate electricity by using solar energy and fast-charging stations for electric cars inside cities and on highways.

He pointed to the importance of searching for alternative energy sources which will contribute to reducing the electricity bill that constitutes almost 20 percent of the municipal expenditures.


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