10 solar power companies to update feasibility studies for FiT projects after relocating from Zaafarana to Benban

10 solar power companies must update the feasibility studies for their solar power plants to reflect the change in location from Zaafarana to Benban, as required by their various lenders, Al Borsa reports. These companies — which include Enara Energy, Zaafarana Solar, Alef Solar, Arena Energy, MID Energy, and Rah Solar — had requested the transfer to benefit from the government’s cost sharing agreement under the feed-in tariff program. In related news, German companies Ib Vogt and Solizer have reached financial close on a 64.1 MW photovoltaic plant in Egypt in partnership with Infinity Solar, reNews reported. The Infinity 50 solar park in Benban secured 85% of the funding from Bayerische Landesbank and the remainder from the Arab African International Bank. Ib Vogt has started construction and aims to commission the facility in the fourth quarter of the year, it said.