Feed-in tariff program to receive USD 3 bn in investment? Norway’s Scatec Solar, the International Finance Corporation, and the European Bank for Reconstruction and Development are planning to invest a total of USD 3 bn under the feed-in tariff program, Scatec’s regional director Morten Langsholdt said on Saturday, without providing details on the timeline. Langsholdt also told Investment and International Cooperation Minister Sahar Nasr that Scatec is planning on investing USD 500 mn in solar projects in October, and said that the company will establish 40 solar power plants to generate 1800 MW by 2018, according to a ministry statement.

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