Monday, September 14, 2015

IPT gas stations install solar panels.

Issa Petrol Trade (IPT), owner and franchisor of gas stations across the market, will install solar panels over its 168 stations.

IPT Chairman Toni Issa signed a memorandum of understanding with Fransabank and Phoenix Energy, member of Indevco Group to install the solar panels.

The installations will save IPT $600,000, annually, in energy costs, according to Rabih Osta, Area General Manager of Phoenix Energy. IPT will retrieve its investment in the project within six years. The 10...

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