The Ministry of Energy expects to purchase solar power contracts with CMA CGM to create solar energy farms

The Minister of Energy and Water Joe El Saddi with the Director General of the CMA CGM group in Lebanon and the lower east signed a accurate atmosphere, in a step to enhance the benefit of solar energy, increase energy production, reduce cost and reduce pollution, on power purchase contracts (PPA), after MERIT Invest in the CMA CGM group obtained 3 licenses to create solar energy farms.

Al -Saddi pointed out that “God has blessed us in Lebanon with sunny hours during the day, and this natural wealth, if we know to benefit from it, is able to contribute to increasing the production of electric energy in Lebanon at a much lower cost than traditional production means and without any pollution.” He added: “We are in the need for any kilowatt, and not only to Megaout, because the demand is much greater than what is available today. Clean energy through solar energy farms is one of the pillars that we will focus on, in addition to establishing modern and large factories to generate energy on gas. He said: “Therefore, I gathered the owners of licenses in the ministry last May, and gave them a deadline until December 31, 2015 to fulfill the necessary conditions to start the creation of solar energy fields. In parallel, we worked to form the organizing body for the electricity sector that saw the light two weeks ago after 23 years of evading its construction. 462 on 2002 ″, and he said: “The basic elements of these contracts have been contained since giving licenses and some procedural facilities were introduced to them. It will be linked to the national network run by the EDL. This step is not only more than the amount of energy produced, but it also provides the cost because the fixed price is 5.7 cents per kilowatt hour in the Bekaa and 6.27 cents per kilowatt hour in the north and Mount Lebanon, i.e. at much lower prices than the average cost of production in Lebanon Electricity. Rapid real projects.