{"id":593677,"date":"2019-10-07T04:00:22","date_gmt":"2019-10-07T04:00:22","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/07\/egypt-close-to-signing-usd-300-mn-contracts-for-solar-power-projects\/"},"modified":"2019-10-07T04:00:22","modified_gmt":"2019-10-07T04:00:22","slug":"egypt-close-to-signing-usd-300-mn-contracts-for-solar-power-projects","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/07\/egypt-close-to-signing-usd-300-mn-contracts-for-solar-power-projects\/","title":{"rendered":"Egypt close to signing USD 300 mn contracts for solar power projects"},"content":{"rendered":"<p>The National Renewable Energy Authority (NREA) is close to inking contracts worth USD 300 mn for solar power projects with a total capacity of 250 MW during the FY 2019-2020 fiscal year, authority head Mohamed El Khayat <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=05102019&id=8dab80dc-eb68-4128-b524-c0075a60e1e7\">told Al Shorouk<\/a>. The NREA is currently studying requests from investors to implement 2.5 GW-worth of solar power projects, and three offers for 250 MW wind projects with EUR 260 mn in investments, El Khayat added. The authority is now working on linking three more Benban plants to the national grid, having already connected 29 over past years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The National Renewable Energy Authority (NREA) is close to inking contracts worth USD 300 mn for solar power projects with a total capacity of 250 MW during the FY 2019-2020 fiscal year, authority head Mohamed El Khayat told Al Shorouk. The NREA is currently studying requests from investors to implement 2.5 GW-worth of solar power [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7207],"tags":[93,72,367,150,151],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-593677","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","tag-new-and-renewable-energy-authority","tag-renewable-energy","tag-renewables","wpautop","entry"],"acf":{"mongo_id":"89c0a620-4929-4067-8f24-562a969435cf","is_powered_by":true,"section_story_id":"b1efdd82-f9e5-4336-8e4d-ef7f0dca2cc0","story_type":"1","photo_url":"","photo_position":"above","related_issue":[593646],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Egypt close to signing USD 300 mn contracts for solar power projects - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/07\/egypt-close-to-signing-usd-300-mn-contracts-for-solar-power-projects\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt close to signing USD 300 mn contracts for solar power projects\" \/>\n<meta property=\"og:description\" content=\"The National Renewable Energy Authority (NREA) is close to inking contracts worth USD 300 mn for solar power projects with a total capacity of 250 MW during the FY 2019-2020 fiscal year, authority head Mohamed El Khayat told Al Shorouk. The NREA is currently studying requests from investors to implement 2.5 GW-worth of solar power [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/07\/egypt-close-to-signing-usd-300-mn-contracts-for-solar-power-projects\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-10-07T04:00:22+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/07\/egypt-close-to-signing-usd-300-mn-contracts-for-solar-power-projects\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/07\/egypt-close-to-signing-usd-300-mn-contracts-for-solar-power-projects\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt close to signing USD 300 mn contracts for solar power projects\",\"datePublished\":\"2019-10-07T04:00:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/07\/egypt-close-to-signing-usd-300-mn-contracts-for-solar-power-projects\/\"},\"wordCount\":100,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"energy\",\"EnterpriseAM\",\"New and Renewable Energy Authority\",\"renewable energy\",\"renewables\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/07\/egypt-close-to-signing-usd-300-mn-contracts-for-solar-power-projects\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/07\/egypt-close-to-signing-usd-300-mn-contracts-for-solar-power-projects\/\",\"name\":\"Egypt close to signing USD 300 mn contracts for solar power projects - 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The projects set to be carried out include Building a 120 MW at Gabal\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":631406,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/18\/nrea-looking-into-feasibility-of-usd-800-mn-worth-of-renewable-energy-projects\/","url_meta":{"origin":593677,"position":1},"title":"NREA looking into feasibility of USD 800 mn worth of renewable energy projects","author":"enterpriseam admin","date":"18 March 2018","format":false,"excerpt":"The New and Renewable Energy Authority (NREA) is studying the feasibility of wind and solar energy projects worth a combined total of USD 800 mn, NREA head Mohamed El Khayat told Al Borsa. The projects would be tendered under an EPC+Finance framework.","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":642264,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/09\/skypower-to-invest-usd-500-mn-in-solar-power-projects\/","url_meta":{"origin":593677,"position":2},"title":"SkyPower to invest USD 500 mn in solar power projects","author":"enterpriseam admin","date":"9 August 2017","format":false,"excerpt":"Canada\u2019s SkyPower will receive 14 square km of land to build USD 500 mn worth of solar power projects producing 600 MW, New and Renewable Energy Authority (NREA) head Mohamed El Khayat tells Al Borsa. The Egyptian Electricity Transmission Company will sign a power purchase agreement with SkyPower once the\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":625327,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/01\/nrea-to-sign-contracts-with-spains-tsk-for-26-mw-kom-ombo-solar-plant-next-week\/","url_meta":{"origin":593677,"position":3},"title":"NREA to sign contracts with Spain\u2019s TSK for 26 MW Kom Ombo solar plant next week","author":"enterpriseam admin","date":"1 August 2018","format":false,"excerpt":"The New and Renewable Energy Authority (NREA) will sign the contracts with Spain\u2019s TSK Group for the development of a 26 MW solar power plant in Kom Ombo in Upper Egypt next week, NREA head Mohamed El Khayat said. TSK Group edged out China\u2019s Nari Solar Energy Technology to win\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":629823,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/jica-and-nrea-sign-usd-106-mn-loan-for-20-mw-hurghada-solar-power-plant\/","url_meta":{"origin":593677,"position":4},"title":"JICA and NREA sign USD 106 mn loan for 20 MW Hurghada solar power plant","author":"enterpriseam admin","date":"2 April 2018","format":false,"excerpt":"The New and Renewable Energy Authority (NREA) and the Japan International Cooperation Agency (JICA) have signed a USD 106 mn loan agreement to fund a 20 MW solar power plant in Hurghada, Al Masry Al Youm reports. JICA appears to have upped the loan from an initial USD 60 mn\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":639544,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/31\/the-latest-on-egypts-burgeoning-renewable-energy-sector\/","url_meta":{"origin":593677,"position":5},"title":"The latest on Egypt\u2019s burgeoning renewable energy sector","author":"enterpriseam admin","date":"31 October 2017","format":false,"excerpt":"Egypt\u2019s renewable energy sector under the second feed-in tariff program has been on a tear in the past couple of weeks. 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