Could Libya become a major producer of solar power? New research suggests the North African country could produce about five times more power from solar energy than it does from oil.
Research conducted by Nottingham Trent University’s School of Architecture, Design and the Built Environment found the oil-rich nation, with the right investment, could harvest enough renewable energy from solar power to meet its own electricity demands and export power to its neighbors.
“Any renewable energy project would (require) significant investment, with a projected payback period,” said Amin Al-Habaibeh, the researcher leading the Innovative and Sustainable Built Environment Technologies research group at the university. “But the current increase in energy prices and the drive to reduce carbon emission are making renewable energy a more commercially feasible option.”
Click here to read the full story.
