Jordan is exploiting shale with Chinese cash; western funds are key to renewables.

Jordan now has almost 1GW of power generation capacity under development. Most of this is non-conventional, following last month’s securing of $2.1bn of finance – including $1.6bn from Chinese state lenders – for construction of the region’s first oil shale-fired power plant.

Chinese state EPC contractor Guangdong Power this week awarded a subcontract to UK’s Amec Foster Wheeler...