renewable energy

$1.6 billion in upcoming private investments in renewable energy

The Ministry of Energy and Water (MoEW) launched an Expression of Interest (EoI) for three solar farms that will generate 70 to 100 megawatts (MW) each. Each solar farm should have battery storage capacity of 70 Megawatt Hour (MWh). It is the first time such a requirement has been made.…

Italy grant loans for renewable energy in Lebanon

The Ambassador of Italy Massimo Marotti has announced a €5 million ($5.5 million) soft loan to be granted for the implementation of renewable energies in residential buildings. The loan will be pooled into the National Energy Efficiency and Renewable Energy Action (NEEREA) mechanism funding. NEEREA loans are subsidized by the…