Results for Category: Economy

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Could Solar Power Solve Lebanon’s Electricity Crisis?

According to the UNDP’s 2016 Solar PV Status Report for Lebanon, ‘solar PV electricity capacity in 2015 was 0.47 per cent of EDL’s [Electricité du Liban, state-owned company in charge of national electricity distribution] total electricity capacity and 0.11 per cent of EDL’s total annual electricity generation’. The report also stated that ‘from 2010 until the end of 2015, cumulative installed solar PV electricity capacity has grown by an average rate of 101 per cent per year’, and that ‘the number of new solar PV projects increased from 18 in 2011 to 94 in 2013 and to 259 in 2015’.