EU Offers 3.7 Million Euros For Renewable Energy Projects In Lebanon: UN

EU Offers 3.7 Million Euros For Renewable Energy Projects In Lebanon: UN

BEIRUT, Feb 3 (NNN-NNA) – The UN Industrial Development Organisation (UNIDO), announced yesterday that, it has secured 3.7 million euros (4.19 million U.S. dollars) from the European Union, to finance renewable energy projects in Lebanon.

During his meeting with Lebanese Industry Minister, George Bouchikian, UNIDO Representative in Lebanon, Emmanuel Kalenzi, said, the new donation will boost the use of renewable energy in industrial projects in Lebanon.

For his part, Bouchikian praised the European initiative through UNIDO, as “it is very necessary and important, to rely on alternative energy sources other than oil, which saves costs and reduces emissions and pollution.”

The minister also emphasised the need to establish new industrial projects, to ensure the development and modernisation of the sector.– NNN-NNA

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