Jordan Solar PV Market Report: Policy Update, Market Size, Forecast 2024-2030, Market Share – 2024 Q4 Update

Jordan Solar PV Market

This report explores Jordan's Solar Photovoltaic Market, segmented by deployment type (Utility, Commercial & Industrial, Residential), and includes updates on regulatory shifts, energy storage advancements, and sectoral challenges.

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About This Report

Jordan’s Solar Photovoltaic Market Study (2024) provides a comprehensive analysis of the market, focusing on recent policy changes, major project developments, and growth opportunities. The report covers key trends such as the transition from net metering to net billing, the resumption of over 1 MW project approvals, and the role of government-backed initiatives.
Jordan Solar Photovoltaic (PV) Market Size
Solar PV Cumulative Capacity Forecasting (GW)

Jordan continues to lead the MENA region in solar PV adoption, with an installed capacity exceeding xx MW in 2023. By 2030, the country targets 50% renewable energy in its electricity mix, showcasing a projected CAGR of approximately XX% during the forecast period (2024–2030).

Recent regulatory updates, such as the shift from net metering to net billing and the resumption of over 1 MW project approvals, reflect Jordan’s commitment to modernizing its renewable energy framework. These changes are expected to foster growth in both the residential and C&I segments while addressing grid capacity challenges.

Key drivers of growth include falling solar PV costs, supportive government policies, and a robust financing ecosystem. However, financial barriers and grid limitations remain significant hurdles.

Jordan Solar Photovoltaic (PV) Market Trends

1. Policy and Regulatory Shifts

  • Net Metering to Net Billing Transition: The Energy and Minerals Regulatory Commission (EMRC) has implemented a net billing system, which replaces net metering for rooftop solar PV systems. Under net billing, consumers are compensated for exported energy at a pre-determined rate instead of offsetting their electricity bill one-to-one. This change aims to reduce the financial burden on the grid and attract new investments by creating a more sustainable pricing model.

     

  • Resumption of Over 1 MW Project Approvals: After a temporary halt on approvals for projects exceeding 1 MW, the government has resumed greenlighting large-scale projects. This decision is expected to unlock significant investments, particularly in the C&I and utility sectors.

2. Utility-Scale Projects

  • Baynouna Solar Plant (200 MW): Currently the largest solar installation in Jordan, supplying clean energy to over 160,000 homes.

     

  • Shams Ma’an Solar Power Plant (52.5 MW): A key contributor to Jordan’s renewable energy capacity and a pioneer project for public-private partnerships.

3. Growth in the C&I Sector

  • Industrial Sector Energy Efficiency Program (ISEEP): Continues to support C&I installations with attractive financing mechanisms and subsidies.

4. Residential Solar Expansion

  • Subsidized small-scale PV systems and solar water heating initiatives under JREEEF have been bolstered, ensuring fair returns for household solar investors.

Table Of Contents

Market Definition and Study Assumptions
Research Design and Methodology
  • Introduction
  • Objectives
  • Information Resources
  • Methodology
Overview of the Solar Energy Sector
  • Introduction
  • Foundations of Renewable Energy Policy and Definitions
  • Solar PV Initiatives and Programs
  • Government Regulations and Policies
  • Electricity Tariff
Solar PV Energy Market Landscape
  • Solar PV Installed Capacity
  • Major Upcoming Solar PV Projects
  • Solar PV Market Forecasting
EPCs Persona
Distributors Persona

Scope Of The Report

The Jordan Solar PV Market is segmented by deployment type:

  • Utility-Scale Solar PV: Projects exceeding 10 MW capacity.

     

  • Commercial & Industrial Solar PV: Distributed generation systems for businesses and factories.

     

  • Residential Solar PV: Small-scale installations supported by the net billing framework.

Market sizing and forecasts are based on installed capacity (MW) and include analysis of policy shifts, financing mechanisms, and sectoral trends.

Frequently Asked Questions

What is the current market size of Jordan's solar PV industry?

Jordan’s solar PV capacity exceeded xx MW in 2023, driven by utility-scale projects like Baynouna (200 MW) and distributed systems under government initiatives.

What government policies support solar energy growth in Jordan?

Key policies include:

  • Net Billing Framework: Replaces net metering, compensating energy exports at pre-determined rates.

  • Renewable Energy and Energy Efficiency Law (2012): Provides the legal framework for tenders, net billing, and direct offers.

  • JREEEF Programs: Subsidizes residential, industrial, and tourism-related solar installations.
What is the significance of resuming over 1 MW project approvals?

The resumption unlocks opportunities for large-scale investments, particularly in C&I and utility sectors, contributing significantly to Jordan’s renewable energy goals.

How does energy storage fit into Jordan’s solar PV market?

Energy storage solutions, particularly lithium-ion batteries, are gaining traction to address grid reliability and integrate renewable energy effectively. Hybrid solar systems are increasingly being adopted in industries and tourism.

What are the challenges facing solar PV deployment in Jordan?
  • Grid Capacity Issues: Existing infrastructure struggles with increased renewable inputs.

  • Financial Barriers: Limited access to financing for SMEs and high upfront costs for solar-plus-storage systems.

  • Policy Transition Challenges: Adjusting to the new net billing system may require increased consumer education and adaptation.
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