The American University of Beirut has inaugurated yesterday its first photovoltaic power plant to "mitigate the high environmental and economic costs of electricity generation through combustion of diesel". The solar panel system was installed on the rooftop of the Faculty of Engineering and Architecture and will save an estimated $500,000 per year in operating cost, deliver 150 MW of clean energy into the grid and reduce 1,500 tons of CO2 emissions. The project was completed…