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MENA’s Potential First PF Energy Storage System

Following Jordan’s recent launch of a tender for an energy storage system, Bracewell’s Oliver Irwin take a closer look at what could be the first project finance energy storage system in the MENA region in an article published in Project Finance International.

The battery storage project has the potential to serve as a template for the financing of other energy storage projects in the region. Developers, contractors, financial institutions and regional governments will be watching this project with great interest to see if Jordan’s recent success in attracting external investment for its wind and solar projects can be replicated with an energy storage project.