US firm to power Libyan steel plant with solar energy
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Penta Energy Services, a US company, signed a power purchase agreement with Libya’s Renewable Energy Authority (REAoL) and the Libyan Iron and Steel Company (LISCO) to build a 25 megawatt solar power plant in Misrata, Libya.
The project will provide electricity to LISCO, a major industrial facility, and reduce its dependence on traditional energy sources.
This agreement follows a memorandum of understanding signed in May 2025 between Penta Energy and the Renewable Energy Holding Company to develop solar power in Libya. REAoL views the project as a key step in implementing Libya’s National Strategy for Renewable Energy and Energy Efficiency, which seeks to increase renewable energy use and improve energy efficiency. The agency believes the plant will also improve LISCO’s operational performance and promote environmental sustainability within the industrial sector.
The project represents a collaboration between Libyan institutions, including REAoL and the General Electricity Company of Libya (GECOL), and international experts. REAoL intends for this partnership to encourage knowledge sharing, local skills development, and further investment in clean energy projects across Libya. REAoL stated this agreement moves the project beyond planning stages and toward actual construction, potentially leading to more renewable energy projects connected to Libyan industries.
The agency expects the initiative to contribute to a more sustainable and resilient national energy system.
