Is Lebanon ready for solar energy?

Lebanon has a large amount of land that is appropriate for solar and wind energy and receives roughly 300 days of sunshine annually. But large-scale solar projects designed to harness this resource are lacking. Obeid noted that a large-scale transition to solar energy would need to involve action at the individual, community and municipal levels.

Can Lebanon get 30% of its electricity from renewable sources?

Nevertheless, the International Renewable Energy Agency (IRENA) estimates that Lebanon could cost-effectively source 30% of its electricity supply from renewable sources by 2030 – if the right plans are put in place. Lebanon has a large amount of land that is appropriate for solar and wind energy and receives roughly 300 days of sunshine annually.

Why is solar power so popular in Lebanon?

That goal of encouraging renewable energy in Lebanon has been aided by the fact that solar power is now the most affordable way to generate electricity around the world. The cost has dropped by more than 90% over the past decade, thanks to rapid technology gains and a glut in solar-panel production.

Does Lebanon impose customs on solar power equipment?

An exemption of customs and 3% additional duty is applied for solar power equipment used to generate electricity from 15 November 2022 until 31 December 2023. In addition, a customs fee of 10% is imposed on imported goods with similar substitutes manufactured in Lebanon in sufficient quantities and on imported luxury items.

How does photovoltaic (PV) energy work in Lebanon?

Photovoltaic (PV) technology converts sunlight into electrical energy in Lebanon. This innovative solution brings hope to the country, which has been facing severe energy supply issues since the 1975-1990 civil war, exacerbated by an ongoing financial crisis.

Is Lebanon's solar industry a fire hazard?

Ali said that many of those now working in Lebanon's solar industry are not specialists, and their installations have led to technical issues including fires. Jessica Obeid, an energy expert, said Lebanon's solar market is suffering from "a lack of regulation, quality control and awareness".