Abu Dhabi Future Energy Company "Masdar" and "W Solar Investment", which is affiliated with the Alef Dhabi Holding Group, intend to build a solar energy station in Libya, and aim to export production to Europe. The Chairman of the Board of Directors of the Renewable Energy Authority in Libya, "Abdul Salam Al-Ansari," stated that Libya is negotiating with the French company Total Energy and the Qatari company USC, in addition to the Irish “Asia Energy” company. With the aim of building 500 megawatts.

Libya aims to establish stations with a production capacity of about 10 gigawatts, and aims to export them to Malta, Italy, and Greece. The stations aim to produce 4 gigawatts, and the state seeks to establish stations by 2035 for local consumption.

It is expected that the national plan for energy efficiency and renewable energy will be prepared for the period from 2023 to 2035. During this period, the state aims to produce 4,000 megawatts, which will be divided into 1,700 megawatts by the end of 2026, and during 2030, 900 megawatts will be produced.

Libya has investments estimated at about 5 billion dollars, and Libya enjoys an abundance of oil, and renewable energy contributes 20% of the total electrical energy produced in the country in light of the high cost of producing current electrical energy, and it costs about 160 dollars per megawatt, which costs the state a lot of money.