Lafarge Cement Jordan receives a license to generate (15 MW) of solar energy

The first solar project in LafargeHolcim group

Lafarge Cement Jordan receives a license to generate (15 MW) of solar energy

Amman, September 27, 2018 - Lafarge Cement Jordan, a member of the LafargeHolcim group, has obtained a license to generate (15.64) megawatts of solar energy from the Energy & Minerals Regulatory Commission (EMRC) in accordance under an agreement signed between the two parties.

According to the license signed by the CEO of the Energy & Minerals Regulatory Commission (EMRC); Eng.Farouk Hayari and the CEO of Lafarge Jordan Amr Reda, the license duration is 20 years, in order to generate electricity for Lafarge Rashadeya Cement plant in Tafila.

The license comes after Lafarge Cement Jordan signed an agreement with the National Electric Power Company (NEPCO) in August 2018 as the first agreement in this regard.

And with this license, Lafarge Cement Jordan has started the first solar project in LafargeHolcim Group in the Middle East. It is also the leading company in construction of a power plant for a cement plant in Jordan. The solar photovoltaic plant will be installed on (320,000) meters² within its own lands.

The company said in a press release issued today, that this project will be implemented on the Building, ownership and operation system (BOO), as its financing will be through borrowing commercial banks, not through development banks as the case with other renewable energy projects in Jordan.

CEO Amr Reda said that the project's importance will be in the positive role that the cement industry plays in the use of renewable energy and the reduction of (CO2) emissions. This project comes with the LafargeHolcim Sustainable Development Strategy which focuses on the need to improve the consumption of environmental resources and preserve nature in all its operations around the world.

Mr.Reda declared that the company is now preparing to generate electricity from wind energy to create significant financial and economic impact through the savings that these projects will contribute as one of the strategic projects to sustain the company's business.

And Reda expressed his thanks for the government support represented by the Ministry of Energy and Mineral resources (MEMR), Ministry of Environment, Energy & Minerals Regulatory Commission (EMRC) and the National Electric Power Company (NEPCO). Lafarge Cement Jordan has signed an agreement with Adenium Energy Capital in the end of 2016 to establish this project.

Lafarge Cement Jordan is committed to implementing the principles of sustainable development through its work. This commitment stems from its full belief in the importance of its role to support the local communities surrounding its factories and to play an active role in its progress and development through the implementation of local income-generating projects and creating job opportunities for the people surrounding area.