Libyan Steel Company Signs 25 MW Solar Deal

Tripoli, Libya — The Libyan Iron and Steel Company (LISCO) has signed a landmark agreement to develop a 25 megawatt (MW) solar power project, marking a significant step toward renewable energy adoption in Libya’s industrial sector.

The deal, concluded between LISCO and a U.S. partner firm, was announced by LISCO Chairman Mohamed Abdelmalik Al Fqih during a talk in Tripoli. He emphasized the need for stronger government support for renewable energy initiatives as the country seeks sustainable solutions to its energy challenges.

The agreement outlines plans to construct and operate a solar facility capable of generating 25 MW of clean electricity. While details on the timeline and exact site location have not been fully disclosed, the project is expected to help reduce fossil fuel dependence and contribute to the broader national energy strategy.

LISCO is one of Libya’s largest industrial producers, and the move into solar power reflects a growing recognition among Libyan enterprises of the benefits of clean energy — not only for cost savings but also for curbing carbon emissions and improving long term energy security.

The solar deal comes amid a broader push within Libya to diversify its energy mix and expand renewable generation capacity. Earlier efforts in the renewable sector include the completion of Libya’s first 1 MW solar plant in Kufra, which has begun supplying clean power to local zones and reducing diesel consumption.

Officials say LISCO’s solar project could serve as a model for other heavy industries, encouraging further public private partnerships that accelerate Libya’s transition to cleaner energy sources.

Significance:

• Energy diversification: Reduces reliance on traditional fossil fuels.

• Industrial sustainability: Aligns a major steel producer with global clean energy trends.

• Economic and environmental benefits: Potentially lowers operating costs and emissions.