{"id":597919,"date":"2019-05-08T02:53:12","date_gmt":"2019-05-08T02:53:12","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/08\/cabinet-approves-first-phase-of-1-gw-eni-solar-plant\/"},"modified":"2019-05-08T02:53:12","modified_gmt":"2019-05-08T02:53:12","slug":"cabinet-approves-first-phase-of-1-gw-eni-solar-plant","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/08\/cabinet-approves-first-phase-of-1-gw-eni-solar-plant\/","title":{"rendered":"Cabinet approves first phase of 1 GW Eni solar plant"},"content":{"rendered":"<p>Cabinet has approved the first 200 MW phase of Eni\u2019s planned 1 GW solar plant, paving the way for the Electricity Ministry to start negotiating energy prices with the Italian company, sources at the Egyptian Electricity Transmission Company (EETC) <a href=\"https:\/\/menafn.com\/1098484642\/Egypt-Electricity-Ministry-negotiates-with-Eni-to-launch-200MW-solar-plant\">told the domestic press<\/a>. The cabinet and the EETC are reportedly open to maintaining a sale price of USD 0.027 per kWh, the same as the energy produced by the Kom Ombo plant. We previously reported in February that <a href=\"https:\/\/enterprise.press\/stories\/2019\/02\/05\/eni-looking-to-invest-up-to-usd-1-bn-in-solar-power-projects-in-egypt\/\">Eni was in talks with the ministry<\/a> to invest USD 1 bn in a 1 GW solar facility.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cabinet has approved the first 200 MW phase of Eni\u2019s planned 1 GW solar plant, paving the way for the Electricity Ministry to start negotiating energy prices with the Italian company, sources at the Egyptian Electricity Transmission Company (EETC) told the domestic press. The cabinet and the EETC are reportedly open to maintaining a sale [&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":[2551,770,93,197,72,151],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-597919","post","type-post","status-publish","format-standard","hentry","category-energy","tag-egyptian-electricity-transmission-company","tag-electricity-ministry","tag-energy","tag-eni","tag-enterpriseam","tag-renewables","wpautop","entry"],"acf":{"mongo_id":"4200e287-44ad-4dbf-9077-93e493d27665","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[597899],"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>Cabinet approves first phase of 1 GW Eni solar plant - 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\/05\/08\/cabinet-approves-first-phase-of-1-gw-eni-solar-plant\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cabinet approves first phase of 1 GW Eni solar plant\" \/>\n<meta property=\"og:description\" content=\"Cabinet has approved the first 200 MW phase of Eni\u2019s planned 1 GW solar plant, paving the way for the Electricity Ministry to start negotiating energy prices with the Italian company, sources at the Egyptian Electricity Transmission Company (EETC) told the domestic press. The cabinet and the EETC are reportedly open to maintaining a sale [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/08\/cabinet-approves-first-phase-of-1-gw-eni-solar-plant\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-05-08T02:53:12+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\/05\/08\/cabinet-approves-first-phase-of-1-gw-eni-solar-plant\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/08\/cabinet-approves-first-phase-of-1-gw-eni-solar-plant\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Cabinet approves first phase of 1 GW Eni solar plant\",\"datePublished\":\"2019-05-08T02:53:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/08\/cabinet-approves-first-phase-of-1-gw-eni-solar-plant\/\"},\"wordCount\":101,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Egyptian Electricity Transmission Company\",\"Electricity Ministry\",\"energy\",\"Eni\",\"EnterpriseAM\",\"renewables\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/08\/cabinet-approves-first-phase-of-1-gw-eni-solar-plant\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/08\/cabinet-approves-first-phase-of-1-gw-eni-solar-plant\/\",\"name\":\"Cabinet approves first phase of 1 GW Eni solar plant - 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Eni\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":643801,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/16\/amea-power-to-invest-usd-800-mn-to-develop-africas-largest-solar-power-plant-and-battery-storage-projects-in-upper-egypt-plus-scatec-two-intl-consortia-set-the-wheels-in-motion-on\/","url_meta":{"origin":597919,"position":2},"title":"AMEA Power to invest USD 800 mn to develop Africa\u2019s largest solar power plant and battery storage projects in Upper Egypt. PLUS: Scatec, two int\u2019l consortia set the wheels in motion on renewables projects.","author":"enterpriseam admin","date":"16 September 2024","format":false,"excerpt":"AMEA will develop a 1 GW solar power plant with 600 MWh battery storage system in Benban \u2014 expected to be Africa\u2019s largest","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\/2024\/9\/1104.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":602437,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/27\/finance-ministry-issues-financial-guarantee-for-oyoun-moussa-plant\/","url_meta":{"origin":597919,"position":3},"title":"Finance Ministry issues financial guarantee for Oyoun Moussa plant","author":"enterpriseam admin","date":"27 March 2019","format":false,"excerpt":"The Finance Ministry issued a financial guarantee for Al Nowais\u2019 USD 4 bn 2.65 GW Oyoun Moussa coal plant, a source from the Electricity Ministry tells Al Mal. Al Nowais had previously said it is putting up 70% of the capital for the project, and was in talks with backers\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":622870,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/15\/a-string-of-renewable-energy-news-worth-your-attention\/","url_meta":{"origin":597919,"position":4},"title":"A string of renewable energy news worth your attention","author":"enterpriseam admin","date":"15 October 2018","format":false,"excerpt":"A string of news from the energy industry worth your attention this morning: Italy\u2019s Eni is looking to invest USD 300 mn in building solar power stations with a combined production capacity of 300 MW, Electricity Ministry sources said. 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