How many solar companies are there in Lebanon?

ME Green was one of the early solar-power companies in Lebanon, but the sector has ballooned, from around 150 registered businesses in 2020 to more than 800 today, according to the LCEC’s Khoury. These companies work on everything from small household systems—which start at $2,000 to $3,500—to projects involving hundreds of panels or more.

Does Lebanon have solar power?

Myriam Boulos—Magnum Photos for TIME Lebanon went from generating zero solar power in 2010 to having 90 megawatts of solar capacity in 2020. But the major surge happened when a further 100 megawatts were added in 2021 and 500 megawatts in 2022, according to the LCEC’s Khoury.

Where are solar panels located in Lebanon?

Atop several campus buildings at Sagesse University in Furn El-Chebbak, a suburb southeast of Beirut, row upon row of solar panels gleam under the bright afternoon sun. The Catholic university, home to some 3,500 students, is one of the many organizations in Lebanon that have turned to solar power.

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.

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.

Are rooftop solar panels a good idea for Lebanon?

Rooftop solar panels are offering the promise of a more normal way of living in Lebanon amidst an unsteady electricity supply – for those who can afford it.