en.Wedoany.com Reported - Wedoany News, Jordan Green Ammonia Company (JGA) recently signed an investment agreement with the Jordanian government to build a green ammonia production project in the port city of Aqaba. The signing ceremony was held on Sunday at the Prime Minister's office in Amman, with Jordan's Minister of Energy and Mineral Resources, Saleh Al-Kharabsheh, signing the agreement on behalf of the government.

The project involves a total investment of $1 billion, with plans to build 550 MW of photovoltaic capacity and a 500 MWh energy storage system, producing approximately 100,000 tons of green ammonia annually. The project's financial close is targeted for September 2027. Wael Suleiman, CEO of Jordan Green Ammonia Company, stated: "Our green ammonia project in Aqaba has reached an advanced stage of development."

Jordan Green Ammonia Company is a joint venture between Polish hydrogen developer Hynfra PSA and Jordanian chemical company Fidelity Group. Hynfra noted that the joint venture has moved ahead of some international competitors who announced plans in Jordan as early as 2021 but remain stuck at the memorandum of understanding and feasibility study stages. This agreement is considered Jordan's first investment agreement for green ammonia production.

Jordan has recently passed relevant legislation regulating the green hydrogen sector, providing an institutional framework for the industry's development.

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