Utility Scale Solar summit 2017
 
Friday, September 22, 2017
Directory Directory Subscribe
Login
 

Three wind farms in Lebanon’s Akkar region get licensed

 
 

Please, enter data

Please, enter data

businessnews.com.lb, 17 July 2017

The Council of Ministers approved three permits for private companies to operate wind turbines for electricity.

The permits will be operated by Hawa Akkar, Sustainable Akkar, and Lebanon Wind Power. They will be used for the production of 200 megawatts (MW) of wind power, according to Pierre Khoury, Chairman of the Lebanese Center for Energy Conservation (LCEC).

All three wind farms will be located in Akkar.

A Power Purchase Agreement (PPA) will be signed with the three companies within three months.

“The Ministry of Energy and Water was commissioned by the Council of Ministers to renegotiate prices agreed upon with the companies,” he said.

The three companies have agreed to sell Electricité du Liban power for 11.3 cents per kilowatt hour.

“We will see if the prices can be lowered further. Prices remain feasible between 10.1 and 11.3 cents,” he said.

Khoury said: “This is the first time since private power sale was sanctioned in 2002 by Law 462 and updated in 2010 by Law 288, for the private sector to sell power to the state.”

The ministry has three weeks to renegotiate prices. Upon signing the PPA, the three companies will have 18 months to complete the Environmental Impact Assessment and other safety checks. After this, they will have 18 months to complete the building of the wind farms.

The wind tender was launched in 2013. It is part of a 2010 national strategy for the production of energy through multiple sources.
businessnews.com.lb
17 July
 

  COMMENTS
Login to Add Your Comment  (for subscribers) | Subscribe

 

Latest News

Polish and Qatari Ports to Cooperate
Port Technology, 22 September 2017

Polish and Qatari Ports to Cooperate
Focus on Qatar-Kuwait 'bilateral opportunities' at Doha Bank event
MENAFN, 22 September 2017

Doha Bank hosted a knowledge-sharing event on 'Qatar-Kuwait bilateral opportunities in Kuwait City on Tuesday. 
 
Focus on Qatar-Kuwait 'bilateral opportunities' at Doha Bank event
Austrian bank signs deal to boost exports to Iran
The Local, 22 September 2017

Austrian bank signs deal to boost exports to Iran
Greece upgrades its representation in Kurdistan to Consulate General ahead of referendum
Kurdistan 24, 22 September 2017

Greece upgrades its representation in Kurdistan to Consulate General ahead of referendum
Back to Home Page 1709 --- 0 <><><> 452.83333333333.....exvideo=0....eximage=0
P 0
BR 21

Utility Scale Solar summit 2017

 
Electric Vehicles UAE
26 - September 2017
3rd Annual Smart Parking UAE
27 - September 2017
2nd Annual Future Drainage & Stormwater Networks Dubai
2 - October 2017
Future Play and Playspaces KSA
2 - October 2017
2nd Annual Future Accessibility & Assistive Technology Dubai
8 - October 2017
 
  View more  

Market Indecies
 
Saudi SE - 2.32%
Dubai FM - 4.53%
Abu Dhabi SE - 3.99%
Kuwait SE - 1.51%
Doha SM - 8.36%
Muscat SM - 6.18%
Casablanca SE Closed
Bahrain SE - 0.98%
Cairo SE Closed
Amman SE - 1.12%
 

Dubai Green Hotel Innovation

Quick Links
  Reports  
  Articles  
  Brochures & Flyers  

Up-coming events
  Beirut Boat - 9 May - 13 May 2018  
  Project Lebanon - 26 June - 29 June 2018  
  Energy Lebanon - 26 June - 29 June 2018  
IFP Group Events Calendar

Magazine sections
  Finance  
  Zoom  
  Growth Markets  
  Regional Overview  
  Editorial  
  Tips and Tricks  
  Spotlight  
  Home Finance  
  Our Meetings
 
  Focus
 
  News
 
  Legal Issues
 

 

               
IFP Corporate
• IFP Emirates
• IFP Lebanon
• IFP Qatar
• IFP Iraq
• REC Saudi Arabia
• IFP China
Lebanon
Beirut Boat
Energy Lebanon
Project Lebanon
Qatar
Heavy Max
Hospitality Qatar
HQ - Food Qatar
Project Qatar
Qatar StoneTech
Iraq
Energy Iraq - Erbil
Erbil International Fair
Iraq Agro-Food - Erbil
Project Iraq Erbil
Saudi Arabia
Riyadh Motor Show
 
 
  IMC
IFP Group 2017 - © All rights reserved