How much does solar energy cost in Lebanon?

Still, the cost of solar energy remains more advantageous, at $0.06 per kWh without batteries, and between $0.25 and $0.30 when including the cost of battery storage. With EDL’s setbacks in providing power, combined with rising generator tariffs, solar energy installments in Lebanon have seemed like good news on the surface.

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.

Are solar panels a real thing in Lebanon?

But on the ground, the reality is much more complex, according to Philippe al-Khoury, co-founder of ME Green, a Lebanese company founded before the crisis that specializes in installing solar panels. The company is present in Lebanon as well as in some European and African markets.

Why is Lebanon's solar market so dangerous?

Jessica Obeid, an energy expert, said Lebanon's solar market is suffering from "a lack of regulation, quality control and awareness". The result is significant safety hazards, low-quality equipment, and the installation of solar systems that will cause many consumers to pay tremendous amounts for equipment maintenance and replacement.

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".

How much solar power will Lebanon have in 2022?

Over 650 megawatts (MW) were installed in 2022 alone, says El-Khoury, bringing Lebanon's total solar capacity to 870MW, according to his figures. "Installed capacity should reach 1,000MW in June ," he says. He estimates that the installed capacity of diesel generators, meanwhile, likely amounts to 1,000-1,500MW.