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SHARM EL-SHEIKH, Egypt (Reuters) – Israel and Jordan on Tuesday signed a memorandum of understanding (MOU) to maneuver forward with a water-for-energy deal after an preliminary examination of the venture proved it to be possible.
The thought, first introduced a yr in the past, is for Jordan to construct 600 megawatts of photo voltaic producing capability that might be exported to Israel. In return, Israel would supply water-scarce Jordan with 200 million cubic metres of desalinated water.
The MOU was signed on the COP27 local weather summit in Egypt at an occasion hosted by the United Arab Emirates, who in 2020 grew to become the primary Gulf state to normalise relations with Israel and has been a accomplice within the venture.
The Center East is extremely susceptible to local weather change and this would be the first such cooperation between the nations.
(Reporting by Valerie Volcovici and Ari Rabinovitch; Modifying by Alex Richardson)
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