Industry & Agriculture articles

De-risking green power

De-risking green power

Lebanon’s energy sector is characterized by a significant supply-demand imbalance, continuing growth in demand (5 percent per year), high generation costs (partly due to aging infrastructure), and a lack of financial sustainability. Electricité du Liban (EDL) cannot recover its operating costs and depends on the Lebanese government to subsidize operations. In 2013, EDL received transfers

Italy hopes to expand strategically

For the Italian government, supporting Lebanese manufacturing has long been seen as a key to economic stability and growth. In the last year, Italy financed a feasibility study for the creation of new industrial zones and agreed to fund new infrastructure upgrades supporting the sector. Executive visited the embassy to find out more. E  

Grapes of success

Lebanese wine has been filling many a glass both locally and globally as the country’s winemakers continue their efforts to grow their market share and as new boutique wineries are launched. Coming out of the Lebanese Civil War with just eight wineries, the wine industry in Lebanon has grown to over five times that number,

Agriculture overload

Following more than two years of political inertia and stagnation, a spirit of optimism is gripping Lebanon after the election of a new president on October 31, 2016, and the imminent formation of a new national unity government. There are great expectations that this optimism will be translated into a more conducive environment for higher

The Lebanese solar revolution

Over the last five years, Lebanon has been in the midst of a solar energy revolution. Solar Photovoltaic (PV) technology, once considered to be expensive to install and operate, has become increasingly cost-competitive in a relatively short period of time. In late September 2016, the United Nations Development Programme’s (UNDP) Decentralized Renewable Energy Generation Project

Regional instability harms Lebanese exports

The year 2016 was a difficult one for Lebanon’s manufacturing and agriculture sectors. Exports have been one of the clearest indicators of the challenges the sectors have faced and, in general, of Lebanon’s depressed economy – largely due to the war in neighboring Syria, a conflict that has cut Lebanon off from its larger trading