AG Energy to construct 200 MW solar park in Libya

• Libya has actually approved authorisation to Ireland-based power producer AG Energy to construct a 200-MW solar park in the Ghadames town in the northwest of the country.

The structure license was issued by Libya's Privatisation and also Investment Board (PIB) earlier in January as well as marks the very first solar power project in the African country that will be carried out by a personal company.

AG Energy is an independent power producer that establishes energy projects in Africa with a concentrate on Libya, Algeria, Tunisia as well as Nigeria.

At a meeting on January 23, PIB and also the state-owned General Electricity Company of Libya (GECOL) chose also to form a joint working group to oversee the implementation of the 2025-2030 energy strategy of the country, that includes projects in the location of standard energy and also solar power that will certainly be funded by neighborhood and foreign financiers.