Hamed meets with investors in solar energy projects

By Petra - Feb 22,2014 - Last updated at Feb 22,2014

AMMAN — Energy Minister Mohammad Hamed on Saturday met with investors whose offers were approved by the Cabinet to develop electricity-generating projects via solar panels.

He highlighted the Cabinet decision to set the tariff of electricity generated via these projects at 120 fils per kilowatt hour.

The projects, mostly located in Maan, will be operational by 2015, according to ministry spokesperson Mahmoud Eiss, who noted that the volume of direct investment in these schemes stands at around $500 million.

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