The PPA would typically be concluded between the sponsor and either GECOL or REAOL.

There are no general tax and customs exemptions for renewable energy projects in Libya, nor are there general tax and customs exemptions for investments in green hydrogen.

The Libyan electricity sector is characterized by various entities with overlapping competencies.

Libya has excellent conditions for renewable energies both in the fields of solar and wind energy, though the tremendous potential is thus far untapped.

Any foreign company operating a renewable energy plant in Libya will be considered as ‘carrying on business' in Libya and would need to register a presence in Libya.