Launched in 2012, Spectrum International for Renewable Energy offers high-end renewable energy and energy efficiency solutions. The company is fully owned by Eqbal Investment Co. (PLC), One of the most successful publicly traded companies on the Amman Stock Exchange with a net profit of 51,800 Million JOD in 2018.
Spectrum provides a wide range of quality services that vary from energy audits and efficiency, to the construction and financing of utility scale renewable-energy projects, specifically solar.
The company aims to be a leading EPC contractor and developer in the region. However, its vision expands to more than solar; encompassing wind, storage, waste-to-energy and other sectors under the “Green” umbrella.
Ultimately, as a company, Spectrum strives to minimize its customers’ carbon footprint, to protect the environment and finally, to gain independence from foreign and traditional sources of energy.
Spectrum brings together a young group of highly talented engineers and professionals that collectively combine the fields of Finance, Engineering & Design, Business Strategy and Public Service; thus creating a complete entrepreneurial environment with the necessary elements for success.
The company maintains an open and flexible working environment, which promotes creativity and technical ingenuity, while always holding professional integrity and dedication to its clients at the utmost importance.
The company’s success has enabled the creation of key strategic alliances throughout the value chain, from financiers and manufacturers to leading developers and contractors. These relationships have further strengthened Spectrum’s position as a key player.
Spectrum is currently developing projects inside and outside Jordan.
In 2018, Spectrum added a portfolio of projects to its track record.
The latest being a 4.5 MWP project serving McDonalds; where Spectrum is both the developer and the EPC contractor, in addition to the design and construction of a 3.9 MWP project serving Specialty Hospital and Istiklal Mall.
Spectrum is also developing a 10 MW solar plant utilizing a combination of both PV (photo voltaic) and CSP (concentrated solar power) technologies in Italy. The project is under construction and expected to be connected in August 2019.
This is part of Spectrum’s belief in the importance of investing in a diverse renewable portfolio, specifically one that includes storage technologies.
The company enters 2019 with a healthy pipeline inside and outside Jordan and is determined to continue its successful growth while maintaining the high level of professionalism and devotion to its clients.