RetrofitTech Dubai
 
Monday, January 22, 2018
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

GCC needs to invest $131 billion to meet five-year power demand
Arab Business News, 19 January 2018

GCC needs to invest $131bn to meet five-year power demand
GCC needs to invest $131 billion to meet five-year power demand
International tourists reached 1.32 billion in 2017 on global economic upswing
Business Mirror, 19 January 2018

IN spite of rising security and safety risks, people the world over are still traveling beyond their borders.
 
International tourists reached 1.32 billion in 2017 on global economic upswing
Qatar: Ashghal’s ‘Infrastructural Drive’ is driven by Necessity
Doha News, 18 January 2018

Public Works Authority (Ashghal) is taking up new infrastructural projects to meet expanding need to urbanise the country’s landscape.
Qatar: Ashghal’s ‘Infrastructural Drive’ is driven by Necessity
Easier transport would boost Turkey-Qatar trade ties
Anadol Agency, 17 January 2018

Easier transport would boost Turkey-Qatar trade ties
Back to Home Page 1709 --- 0 <><><> 452.83333333333.....exvideo=0....eximage=0
P 0
BR 21

RetrofitTech Dubai

 
4th Annual Future Landscape & Playspaces Abu Dhabi
29 - January 2018
MOI Innovation Summit
5 - February 2018
Future Traffic Security
8 - February 2018
3rd Annual Mosque Design & Development Summit
1 - April 2018
4th Annual RetrofitTech Dubai Summit & Awards
10 - April 2018
 
  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%
 

Future Landscape & Playspaces Abu Dhabi

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
Agriteq
Heavy Max
Project Qatar
Qatar Hospital Build
Qatar School Build
Qatar Sports Infrastructure
Qatar StoneTech
Qatar Transport & Logistics
Iraq
Project Iraq Baghdad
Saudi Arabia
Riyadh Motor Show
 
 
  IMC
IFP Group 2018 - © All rights reserved