Read Today’s Newspaper
☰ Mobile Logo

Specialist suggests new energy efficiency loan products

By JT | 23:39 January 26, 2015 |
Share Story

AMMAN — Energy service companies and individual consumers want to save money by putting in new lighting, air conditioning, heating and ventilation systems, but often cannot afford them under current lending terms, an energy and finance specialist told a gathering this week. According to a press statement from the USAID Energy Sector Capacity Building (ESCB) Activity, Tom Dreessen presented for discussion suggestions for new energy efficiency loan products which would make it easier for banks to lend funds, and easier for customers to borrow. These could include extending loan payment periods, thus reducing monthly payment, increasing credit lines for borrowers, and reducing or eliminating the need for additional collateral. The gathering, co-sponsored by the Association of Banks of Jordan USAID's ESCB Activity, was attended by senior officials from 20 major banks. The USAID ESCB Activity aids government and private sector energy sector agencies to support adoption of renewable energy and energy efficiency.

.col-lg-12.second .opinion-widget{border-top:1px solid #D0D0D0;} #widget_1623 .opinions-title {font-size:32px;}

{{articles_filter_1623_widget?.title}}

{{ articles_filter_1623[0]?.section_name }}

{{ articles_filter_1623[0]?.title }}
Opinion Author
{{ articles_filter_1623[1]?.author_name }}

{{ articles_filter_1623[1]?.title }}
.epaper-separator{ height: 1px; width: 100%; background-color: #D0D0D0; margin: 15px 0; }

Today’s Paper

Today's Paper
.related-articles .layout-ratio{padding-bottom:55%;}
Related Articles
.alert-success { color :#A3656F ; } .alert-danger { color : red ; } .footer { font-family:Myriad Pro,Arial; }
The Jordan Times Logo

The Jordan Times is an independent English-language daily published by the Jordan Press Foundation since October 26, 1975. The Jordan Press Foundation is a shareholding company listed on the Amman Stock Exchange.

Join Our Newsletters

Sign up by email to receive news.

Camera Icon Read Today’s Newspaper

Copyright © 2025 The Jordan Times. All Rights Reserved.

document.addEventListener('DOMContentLoaded', function () { function validateEmail(email) { return /^[^\s@]+@[^\s@]+\.[^\s@]+$/.test(email); } function showModal(message,type) { const messageContainer = document.getElementById("messageContainerFooter"); messageContainer.textContent = message; messageContainer.className = `alert alert-${type} mt-3`; // Bootstrap alert styling messageContainer.classList.remove("d-none"); // Hide message after 5 seconds setTimeout(() => { messageContainer.classList.add("d-none"); }, 5000); } document.getElementById("emailFormFooter").addEventListener("submit", function(event) { event.preventDefault(); const emailInput = document.getElementById("emailFooter"); const email = emailInput.value.trim(); if (!validateEmail(email)) { showModal('Invalid email format','danger'); return; } const url = `/subscribeNewsletter?email=${encodeURIComponent(email)}`; fetch(url, { method: "GET", headers: { "Accept": "application/json" } }) .then(response => { if (!response.ok) { showModal("Error submitting email. Try again.",'danger'); } return response.json(); }) .then(data => { showModal(data.message,'success'); }) .catch(error => { showModal("Error submitting email. Try again.",'danger'); }); }); });