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Orange Jordan joins hands with Kawar Energy to develop solar farms project

Oct 30,2019 - Last updated at Oct 30,2019

Orange Jordan recently announced its strategic partnership with Kawar Energy Company for supplying, installing, operating and maintaining its renewable energy plants via the Sun Strings for Photovoltaic System.

Under the agreement, Future Sun For Renewable Energy Systems Company, owned by Kawar Energy company, will develop three solar farm plants for Orange Jordan with a total value of $53 million financed by the European Bank for Reconstruction and Development in cooperation with the Clean Technology Fund, Jordan Kuwait Bank and Arab Jordan Investment Bank/Qatar.

The announcement was made in the presence of Orange Jordan’s CEO Thierry Marigny, President of Kawar Group and chairman of the Future Sun For Renewable Energy Systems Company and Kawar energy, Karim Kawar, CEO of Kawar Energy Company, Hanna Zaghloul, Deputy Chief Executive Officer, Chief Financial and Strategy Officer at Orange Jordan Raslan Deiranieh, in addition to a number of executives from both sides along with media representatives.

Marigny said that this project falls in line within the context of Orange group’s vision towards using clean energy and preserving the environment, pointing out that as a local company with an international spirit, Orange Jordan is always keen on executing such strategic projects with positive impact on society and the environment.

With its partners, the company was able to accomplish a big part of the project and shift towards this source of energy. 

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