Solar heating technology

Solar Heating

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Solar heating technology
Solar heating technology
Solar heating and cooling systems and technology
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SectorMost major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Renewable Resources and Alternative Energy
Alternative Energy
Business Model Description

Install solar heating and cooling systems in residential, public, industrial and commercial rooftops.

Expected Impact

Improve the issue of energy security and reduce electricity prices through solar cooling and heating systems that provide clean energy

How is this information gathered?
Updated: 4 Aug, 2021 Date of Production: 1 Dec, 2020
Jordan
Indicative ReturnDescribes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
10% - 15% (in IRR)
Investment TimeframeDescribes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Short Term (0–5 years)
Market SizeDescribes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
More than 60% of energy consumed by households is for space heating and cooling (11).
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Affordable and Clean Energy (SDG 7)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
Climate Action (SDG 13)

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Sector Sources
  • 1) Sustainable Development Report 2019.
  • 2) Ministry of Energy and Mineral Resources: memr.gov.jo.
  • 3) Ministry of Energy and Mineral Resources (MEMR), Annual Report, 2019.
  • 4) MEMR, https://www.memr.gov.jo/Pages/viewpage.aspx?pageID=129
  • 5) MEMR, Energy Strategy 2020 – 2030.
  • 6) MEMR, Energy Strategy 2020 – 2030.
  • 6b) ESCWA. Report on National Workshop on "Gender Empowerment and Entrepreneurial Development in the Rural Context: The Role of Renewable Energy". Amman, Jordan 2019. page 8
IOA Sources
  • 7) MEMR, Energy Strategy 2020-2030.
  • 7) MEMR, Energy Strategy 2020-2030.
  • 8) USAID, National Survey of Household Appliance Holdings in Jordan. Retrieved from: https://escb-jordan.org/wp-content/uploads/2016/05/National-Load-Survey-Report-FINAL-DRAFT1-Dec-14.pdf
  • 9) Al-Hinti a., Al-Sallami, H., 2017, “Potentials and Barriers of Energy Saving in Jordan’s Residential Sector through Thermal Insulation”, Jordan Journal of Mechanical and Industrial Engineering
  • 10) MEMR, Energy Strategy 2020-2030.
  • 11) Interview with key investors
  • 12) MEMR, 2019, https://www.memr.gov.jo/EchoBusV3.0/SystemAssets/PDFs/AR/General/BroshorAr2019.pdf
  • 13) Ministry of Health annual report 2019.
  • 14) Ministry of Education Annual report 2019.
  • 15) UNDP, 2014, Impact of the Upcoming Energy Efficiency Standards in Jordan.
  • 16) EDAMA, 2019, Who’s who in Jordan’s Energy, Water, and Environment (EWE). www.jordanEWE.com
  • 17) JIC, https://www.jic.gov.jo/en/non-jordanian-incentives/
  • 18) EDAMA, 2019, Who’s who in Jordan’s Energy, Water, and Environment (EWE). www.jordanEWE.com
  • 19) EDAMA Association for Energy, Water and Environment - “Renewable Energy Sector Development in Jordan”, 2019
  • 20) Ministry of Energy and Mineral Resources: memr.gov.jo
  • 21) GIZ. Dietram Oppelt and et al. (2013). Solar Cooling for Industry and Commerce (SCIC): Study on the Solar Cooling Potential in Jordan.