Jordan aims to expand the share of electricity from Renewables – Says CNBC

Media Coverage · CNBC Middle East · July 2022

Philadelphia Solar Discusses Its Growth and Clean Energy Vision on CNBC Middle East

The interview highlighted Jordan’s solar manufacturing potential, the role of renewable energy in lowering electricity costs and creating jobs, and Philadelphia Solar’s expansion and export plans as announced at the time.

MEDIA INTERVIEW · 2022CNBC ARABIAWatch the original coverage ↗
2007

Year Philadelphia Solar was established

500 MW

Annual manufacturing capacity stated at the time

500

Approximate workforce referenced in the interview

75%

Share of 2023 capacity earmarked for the U.S. under the stated plan

From the interview

Jordan’s clean energy transition as an industrial opportunity

The interview explored Jordan’s position within the global solar belt and the importance of an enabling investment environment for renewable energy technology. Philadelphia Solar was presented as an example of a Jordanian manufacturer seeking to grow alongside the country’s transition toward clean energy.

The discussion addressed how solar generation can support more reliable and cost-effective power for industries and municipalities, while strengthening competitiveness and creating employment opportunities.

A growth story

From modest beginnings to manufacturing and exports

According to statements shared in the 2022 coverage, Philadelphia Solar began operations in 2007 with annual capacity of approximately 10 MW and about 20 employees. By the time of the interview, the company cited around 500 MW of annual manufacturing capacity and a workforce of roughly 500.

The coverage also described plans at that time to reach 1,000 MW in annual manufacturing capacity, grow the workforce to approximately 600 and increase solar module sales to the United States.

Historical context: Capacity, workforce, the 75% allocation figure and 2023 targets reflect statements reported in July 2022. They are not presented as the company’s current operating results.
Key themes

The wider role of renewable energy

More affordable power

The discussion emphasized solar projects’ potential to reduce levelized energy costs and support attractive project economics.

Jobs and industrial growth

The conversation connected renewable energy adoption with job creation and stronger economic opportunities.

Green hydrogen

Green hydrogen was discussed as a potential future use for substantial volumes of renewable electricity.

Original source

Watch the CNBC Middle East interview

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