Amman:Jordan is set to present a comprehensive array of investment opportunities in the fields of renewable energy, natural gas, green hydrogen, and strategic minerals at the upcoming Jordan-Europe Investment Conference. The event is scheduled to take place on November 19 at the King Hussein Bin Talal Convention Center at the Dead Sea.
According to Jordan News Agency, the conference, held under the patronage of His Majesty King Abdullah II, will see the participation of European Commission President Ursula von der Leyen. It is anticipated to attract over 700 officials, investors, and business leaders who will explore long-term investment partnerships and strengthen economic cooperation between Jordan and the European Union.
The projects to be showcased are designed to leverage Jordan's solar and wind resources, strategic infrastructure, and its access to regional and international markets. They include various investment models such as public-private partnerships (PPP) and Build-Own-Operate (BOO) arrangements, aiming to enhance energy security, attract technology and expertise, and create job opportunities.
One of the significant opportunities that will be presented at the conference is the Al-Mujib pumped-storage hydropower project. This project, with a capacity of 450 megawatts and a storage duration of seven hours, will be developed near the existing Mujib Dam under a public-private partnership framework. It is expected to improve grid stability and maximise the use of renewable energy.
Additionally, Jordan seeks to establish Aqaba as a regional hub for green hydrogen and green ammonia production and exports. This proposed project focuses on developing shared infrastructure for green hydrogen production and ammonia exports, utilising Jordan's solar and wind resources.
Other projects include a 200 MW solar photovoltaic plant combined with a 100 MW battery energy storage system, a 100 MW wind farm, and a high-purity silica sand project. There are also plans for a Risha gas pipeline and processing plant project, a phosphate-based chemical plant, and investment in rare earth elements, among others.
The conference will offer a platform for project owners, investors, and financial institutions to examine these investment opportunities, assess technical and financial requirements, and develop partnerships to turn proposed projects into funded initiatives.