Tuesday, May 17, 2022
name of Prensa Latina
Bandera inglesa
English Edition
name of Prensa Latina

NEWS

NEWS

Lebanese ministry pushes renewable energy bill

Lebanese ministry pushes renewable energy bill

Beirut, Mar 25 (Prensa Latina) The Minister of Energy and Water of Lebanon, Walid Fayad, is promoting in Parliament a bill for the use of renewable sources through the integration of the private sector.
Share on facebook
Share on twitter
Share on whatsapp
Share on telegram
Share on email

Fayad stated that the adoption of the aforementioned regulations constitutes an essential and important step in the increase of renewable energy throughout the Lebanese territory for the benefit of citizens.

After receiving the approval of the government cabinet, the head of the branch explained that the aforementioned project would allow the supply of more than 800 megawatts of capacity from decentralized projects that will feed homes, farms and industrial facilities.

The minister stressed that the intention is to facilitate the exchange of energy between producers and consumers within the private sector, in order to achieve progress in terms of sustainability.

According to Fayad, the Ministry of Energy and Water is working to develop the bill with the support of the European Bank for Reconstruction and Development and the participation of experts from the Center for Energy Conservation.

The country has been going through the worst economic and energy crisis in decades since the end of 2019, as a result of which the Lebanese pound lost more than 100 percent of its value against the dollar and the population is suffering power outages of up to 16 or more hours daily due to the lack of fuel to generate energy.

pgh/llp/jcm/yma

RELATED
ÚLTIMO MINUTO
name of Prensa Latina

| Text SMS to 8100 with content PL
Receive 4 mesages x 25 cup

© 2016-2021 Prensa Latina
Latin American News Agency

Radio – Publications  – Videos – News by the minute.
All Rigts Reserved.

St. E No 454 , Vedado,  Habana, Cuba.
Phones: (+53) 7 838 3496, (+53) 7 838 3497, (+53) 7 838 3498, (+53) 7 838 3499
Prensa Latina © 2021 .

Web Site developed by IT Division  Prensa Latina.