Financing of more than $200 million for renewable energy and energy efficiency projects has become ready for deployment after all the required procedures have been completed, said Pierre El Khoury, Director General of the Lebanese Centre for Energy Conservation (LCEC).
The loans could benefit from interest subsidies granted by the Central Bank (BDL).
There is strong demand for the loans and the funds could be completely used up before the end of the current year, Khoury said.
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