In a press release by the Italian Embassy in Beirut, it said: "An Italian delegation of 8 companies of the energy sector is participating for the first time in the International Beirut Energy Forum-IBEF. The participation is coordinated by the Italian Trade Agency (ITA) with the support and collaboration of the Italian Embassy, the Italian Ministry of Environment, Land and Sea (IMELS) and the Lebanese Center for Energy Conservation (LCEC).

Lebanon is a growing market in the field of renewable energy with an enormous development potential of development due to the engagement to reach the 12% target of energy production from renewable energy sources by 2020. Industrial cooperation between Italian and Lebanese companies can positively contribute to the implementation of the NREAP National Renewable Energy Action Plan 2016-2020.

The Italian Ministry of Environment, Land and Sea (IMELS) has offered Lebanon a 5 Million Euros grant, hosted by the Central Bank of Lebanon (BDL). The grant is offered to final beneficiaries willing to implement projects in the field of energy efficiency and renewable energy in Lebanon through the NEEREA financing mechanism. The grant will cover 10% of the amount of any loan taken under NEEREA, given that not less than 60% of the value of the project cover products and/or services by Italian SME's.

Italian exhibitors at IBEF 2017 cover a wide range of services, advanced technologies and products related to renewable energy, energy efficiency and green buildings. Within the framework of the Forum, the Italian Trade Agency, in collaboration with the Italian Ministry of Environment, Land and Sea (IMELS), organizes two sessions dedicated to the opportunities of industrial cooperation between Italy and Lebanon.

On Tuesday 19th September at 12:00, a working session will be held in partnership with IMELS and UNEP (United Nations Environment Programme) exploring the opportunities of cooperation with the Italian and Lebanese companies in the growing sustainable energy markets of Egypt and Lebanon.

The working session will be followed at 15:00 by a special session of scheduled b2b meetings that will give both Italian and Lebanese companies the possibility to discuss prospective business and partnership. Over 130 appointments are already scheduled by ITA in tight collaboration with LCEC Lebanese Center for Energy Conservation.

The Italian business delegation:
Carbon Hive is an Energy and Environmental Service that assists and supports companies and public administrations to reduce the environmental impact of their activities.

ESPE is a leading Italian manufacturer of advanced technologies for the generation of heat and power from renewable sources.

For.Tec. Forniture Tecnologiche S.r.l. is an Italian Company with 40 years of experience designing, manufacturing, selling and installing high-tech ecologic plants.

Mitsubishi Electric Hydronics & IT Cooling Systems S.p.A. is a Mitsubishi Electric Company specialized in hydronic systems for Air conditioning and IT Cooling solutions.

Montana S.p.A. is an Italian independent environmental engineering company providing design, advisory and consultancy services since 1991, with the purpose of achieving a sustainable development for our environment, society and economy.

Founded in 1956 as an electromechanical company, SAET has been operating for over fifty years in the Energy field, in systems and plants for production, transmission and distribution of electric energy as well as for cement and steel industry.
Sequas is a consulting firm, based in Rome, and specialized in engineering services concerning environment, energy, quality, safety, design and project management.

Building on 100+ years of company tradition, Soltigua is today the only company worldwide to offer leading edge solar technologies for PV trackers, parabolic troughs and linear Fresnel collectors

Source: AFP