Jordan's solar panel, water heater subsidy scheme backed by banks

Cairo Amman Bank and Jordan Islamic Bank have signed joint cooperation agreements with Jordan's Ministry of Energy and Mineral Resources to support the 2024/2025 phase of the country's subsidy scheme for residential solar panels and solar water heaters. The scheme covers 30% of the cost of installations. A subsidy scheme for residential solar panel systems and solar water heaters in Jordan has received support from two major banks. The household sector support program, which offers up to 30% of the costs of household solar panel and solar water heater installations, is implemented by the Renewable ...

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