US helps power-starved Lebanese businesses switch to solar
BEIRUT: The US has launched a $20 million fund to help Lebanese businesses install solar energy systems as owners struggle to stay afloat amid the collapse of the country’s electricity sector.
US Ambassador to Lebanon Dorothy Shea launched the Solar & Renewable Energy Fund on Friday, saying it will help local businesses reduce operating costs, sustain their operations and maintain employment levels.
“This fund will support the purchase and installation of solar power generation systems for at least 25 businesses,” she said.