AMMAN, Sept. 19 (Xinhua) -- Jordan-based Arabia Trading and Consulting Co. Ltd will start building a 90 million U.S. dollars solar power plant in Jordan during the last quarter of this year after securing necessary finance, the state-run Petra news agency reported on Tuesday.
The plant, which will be located in Safawi area in the northeastern part of the country, will have a total capacity of 66.8 megawatts and will generate 150 million kilowatt hour per year, Mohannad Khalifah, the company's CEO, said.
He added that the power plant, which will create more than 100 jobs for Jordanians, will be operational in the first quarter of 2019.
The project is financed by the European Bank for Reconstruction and Development, the Netherlands Development Finance Company and Fotowatio Renewable Ventures.
The power plant will help increase the contribution of renewable energy resources to the Kingdom.
Jordan, which imports 97 percent of its energy resources, is working on a strategy to implement several projects to increase the contribution of renewable energy to the overall energy mix to 10 percent by 2020.
At present, Jordan generates around 500 megawatts of electricity from solar and wind energy projects located in several parts of the country.