Inaugurating of the CEDRO - UNDP solar power plant in Gemayel Freres, Bekfaya, Monday, March 6, 2017. (The Daily Star/UNDP, HO)
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The Gemayel Freres factory Monday inaugurated a $285,000 solar-power plant aimed at generating approximately 470,000 kilowatt-hours per year, a statement issued by the Delegation of the European Union in Lebanon said.Gemayel called on the government to reduce the cost of energy in the industry sector, which accounts for 5.6 percent of the price of a product manufactured at Gemayel Freres.For his part, Industry Minister Hussein Hajj Hasan praised the new initiative, saying it will have a positive impact on energy consumption and the environment.However, he said such steps are not enough to cut the cost of production because Europeans are helping other countries as well, and those countries will compete with Lebanon when it comes to the cost of production and to exports.
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