Are solar PV systems a good investment in Libya?

In Libya, the solar photovoltaic (PV) systems are encouraging for the future, due to incident solar radiation is greater than the minimum required rate across the country (Hewedy et al., 2017). Based on that from a techno-economics point-view, there is a need to develop substantial energy resource solutions.

When was solar photovoltaics used in Libya?

The solar photovoltaics (PV) was used in Libya back in the 1970s; the application areas power loads of small remote systems such as rural electrification systems, communication repeaters, cathodic protection for oil pipelines and water pumping (Asheibi et al., 2016).

How much solar power does Libya have?

In-depth south regions of Libya, the daily average solar PV power protentional is greater than 6.5 kWh/kWp, although the annual average is greater than “2045 kWh/kWp”. Fig. 5. Solar photovoltaic power potential in Libya (GSA, 2020).

Does a 50 MW solar PV-Grid work in Libya?

A study performed by (Aldali and Ahwide, 2013) proposed analysis of installing a 50 MW solar photovoltaic power plant PV-grid connected with a tracking system in Libya. Solar PV modules of 200 W are used in that study due to its high conversion efficiency.

Are grid-connected photovoltaics a good investment in the Libyan power system?

For those interested in the large dynamic of photovoltaics economics, a thorough analysis of grid-connected photovoltaics in the Libyan power system would be very beneficial as most firms will raise their profits and lower their costs (Almaktar et al., 2020), and described by (Almaktar and Shaaban, 2021).

How much does a PV system cost in Libya?

Opening the door through encouraging for vendors to imports such equipment or for developing industrial sectors locally. The PV system for electricity in the Libyan market is estimated to cost about “5–13,000” Libyan/denars (this price from private business companies); depending on the size/capacity that invested by the private sector.