A moment in the sun

Over the last couple of years, Lebanon has become most notorious for its electricity sector. The country has struggled to keep the lights on since the civil war, and has hit its worst milestone with a complete blackout in October 2021. On its own, the state-owned company Electricité du Liban (EDL) has never been capable of satisfying national electricity demand, wreaking the havoc the country now faces. While Lebanon depends directly on fuel imports as a means of energy production, EDL accounts for reported yearly deficits of around $2 billion. The company is also subject to global oil price fluctuations, feeling the impact of the global energy crisis in the third quarter of 2021, as well as government caps on oil purchases, which directly and indirectly impact the national economy. Relying less on oil and gas imports and more on renewable energy (RE) sources, particularly solar energy, will manage to