Amman, June 25 (Petra) – Amman Chamber of Commerce (ACC) on Thursday inaugurated a JD381,000 photovoltaic energy project in Iraq Al-Amir region that is expected to cut the chamber’s electricity bill by approximately 85% and save nearly JD50,000 annually.
The project comprises 482 solar panels with a production capacity of 321 kilowatts and an estimated annual output of 520,000 kilowatt-hours, said ACC Deputy Director General Bashar Muqbel.
Muqbel added that the project would cover most of the chamber’s electricity requirements through self-generated energy, excluding fixed charges and network access fees.
In its statement, the ACC expects the project to recover its cost within about a five- year period. Projected cumulative savings could reach approximately JD1 million over the enterprise's estimated operational life of 20 to 25 years.
The facility is also expected to reduce carbon emissions by up to 300 metric tons annually, equivalent to planting approximately 15,000 trees or removing nearly 70 vehicles from the road annually.
Patronizing the launch ceremony, Minister of Industry, Trade, and Supply Yarub Qudah said the project reflects Jordan’s policy of expanding renewable energy use, diversifying the national energy mix, and improving resource efficiency.
He said renewable energy projects can lower operating and production costs, improve competitiveness of commercial, service, and industrial businesses, and free resources for expansion and investment.
Meanwhile, ACC Chairman Khalil Hajj Tawfiq described the project as an "crucial" step toward institutional sustainability, clean energy, and the green economy.
He called for achieving lower costs, streamlined procedures, and appropriate incentives to encourage commercial and service companies to invest in renewable energy.
//Petra// AO
