In a significant move towards sustainable energy, Libya’s National Development Agency (NDA) has initiated discussions with Fortis Energy to explore potential collaboration in the renewable energy sector. This dialogue aligns with Libya’s ambitious goal to generate 4 gigawatts (GW) of renewable energy capacity by 2035, aiming to diversify its energy mix and reduce reliance on fossil fuels .
The partnership with Fortis Energy is expected to focus on the development of solar and wind energy projects, leveraging Libya’s abundant natural resources. This initiative complements Libya’s broader strategy to attract international expertise and investment in its renewable energy sector.
Libya has been actively seeking collaborations to bolster its renewable energy capabilities. Notably, the country has engaged with Turkish companies, signing memoranda of understanding to facilitate technology transfer and capacity building in renewable energy . Additionally, Libya has entered into agreements with Italy to enhance cooperation in renewable energy, green hydrogen, and direct investments . Discussions with Qatar have also been held to explore joint investments in renewable energy projects.
These collaborative efforts underscore Libya’s commitment to transitioning towards a more sustainable energy future. By engaging with international partners like Fortis Energy, Libya aims to harness its renewable energy potential, stimulate economic growth, and contribute to global efforts in combating climate change.