Israel, Jordan and the United Arab Emirates are slated to sign an energy cooperation agreement this coming Monday, in what will be the biggest regional project ever undertaken between Jerusalem and neighboring nations.
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According to sources, the project includes the establishment of a solar power plant in the Jordanian desert that will generate electricity for Israel, as well as a desalination facility in northern Israel to provide water for Jordan.
The deal is the result of secret negotiations between the countries over several months. It was reportedly supposed to be signed at the United Nations climate conference in Glasgow, Scotland, but Prime Minister Naftali Bennett requested it be delayed until after budget votes.
The plan sees the solar farm entering operation by the year 2026 and producing 2% of Israel's energy by 2030. In turn, Jerusalem will pay $180 million per year to be split between the Jordanian government and the Emirati company that will build the operation.
The deal is expected to be signed next week in Dubai with senior officials from Israel, Jordan and the UAE, and with US climate envoy John Kerry in attendance.
i24NEWS contributed to this report.
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