UNDP funds solar power systems in private sector

Up to $350,000 for renewable energy measures

The UNDP’s CEDRO (Country Energy Efficiency and Renewable Energy demonstration Project for the Recovery of Lebanon) initiative will co-finance commercial-scale solar power pilot projects (50-100 kW nominal power) in the private sector. Beneficiaries could be awarded up to $350,000 for implementing their project.

Applicants could include NGOs, commercial entities (banks, corporations), small-to-medium enterprises, and educational establishments. The first application phase for 2013 will co-finance two photovoltaic sites, with a minimum 20 percent financial contribution from the beneficiaries. Applicants who choose to finance a higher percentage of the cost will be given preference in the selection process.

Investing in a solar power system would cut companies’ diesel and generator costs, said Hassan Harajli, Project Manager of the UNDP’s Energy and Environmental Program. “A company could recover its 20 percent contribution to the project’s cost within two years; recovering a 50 percent contribution could take around five years.”

Abiding by UNDP cost and energy saving recommendations, participating in raising awareness, or implementing environment-friendly methods could also increase selection chances.

Solar systems have to be synchronized with power generators already in place and the national electricity supply. “In all cases, the beneficiaries should implement efficiency measures to their establishments before installing the solar equipment” said Harajli.

Shortlisted sites will be visited for verification. The project expects to install an additional six to eight photovoltaic sites next year.

The initiative also benefits from a fund of 800,000 Euros by the European Union (EU). The project is part of the EU’s MED-SOLAR Project for renewable local energy projects. The project began in 2007, and targeted the public sector only. More than 80 photovoltaic sites were installed around the country in schools, hospitals, prisons, army barracks, and other public establishments.



Reported by Nader Houella