{"id":600255,"date":"2019-01-23T04:02:08","date_gmt":"2019-01-23T04:02:08","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/23\/egypt-gets-offers-for-5500-mws-of-renewable-power-plants\/"},"modified":"2019-01-23T04:02:08","modified_gmt":"2019-01-23T04:02:08","slug":"egypt-gets-offers-for-5500-mws-of-renewable-power-plants","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/23\/egypt-gets-offers-for-5500-mws-of-renewable-power-plants\/","title":{"rendered":"Egypt gets offers for 5500 MWs of renewable power plants"},"content":{"rendered":"<p><b>INVESTMENT WATCH- Egypt gets offers from companies interested in building up to 5.5 GW of renewable power:<\/b> Egypt has received offers from regional and international companies to build renewable power generation facilities with a total capacity of 5500 MW, Electricity Minister Mohamed Shaker told<a href=\"https:\/\/alborsaanews.com\/2019\/01\/21\/1171134\">local press<\/a>. Tariffs for solar power are set to fall in the upcoming period from USD 0.0275\/kwh at the last solar energy tender and about USD 0.03\/kwh at the last wind energy tender, Shaker said. The waste-to-energy tariff will be revised after five years, during which it will be fixed at EGP 1.03\/kwh.<\/p>\n<p><b>Shaker said his ministry is encouraging companies to build projects through the independent power producer (IPP) system<\/b> and sell energy directly to consumers after paying national grid transmission costs. The minister gave no further details, but effectively confirmed <a href=\"https:\/\/enterprise.press\/stories\/2019\/01\/10\/is-the-electricity-ministry-looking-to-ditch-egypts-feed-in-tariff-program-in-favor-of-an-ipp-framework\/\">earlier reports<\/a> that suggested the ministry might be ditching the feed-in-tariff program going forward in favor of the IPP. The Electricity Ministry is also considering awarding projects through an auction system to save time.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>INVESTMENT WATCH- Egypt gets offers from companies interested in building up to 5.5 GW of renewable power: Egypt has received offers from regional and international companies to build renewable power generation facilities with a total capacity of 5500 MW, Electricity Minister Mohamed Shaker toldlocal press. Tariffs for solar power are set to fall in the [&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":[8572],"tags":[93,72,125,151,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-600255","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-energy","tag-enterpriseam","tag-investment-watch","tag-renewables","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"e69ae401-25f0-47ee-91f1-5d080c88d9f4","is_powered_by":true,"section_story_id":"d84b56a4-ea55-42fa-8b1e-dbf5b539a8cb","story_type":"1","photo_url":"","photo_position":"above","related_issue":[600241],"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 gets offers for 5500 MWs of renewable power plants - 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\/01\/23\/egypt-gets-offers-for-5500-mws-of-renewable-power-plants\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt gets offers for 5500 MWs of renewable power plants\" \/>\n<meta property=\"og:description\" content=\"INVESTMENT WATCH- Egypt gets offers from companies interested in building up to 5.5 GW of renewable power: Egypt has received offers from regional and international companies to build renewable power generation facilities with a total capacity of 5500 MW, Electricity Minister Mohamed Shaker toldlocal press. Tariffs for solar power are set to fall in the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/23\/egypt-gets-offers-for-5500-mws-of-renewable-power-plants\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-01-23T04:02:08+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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/23\/egypt-gets-offers-for-5500-mws-of-renewable-power-plants\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/23\/egypt-gets-offers-for-5500-mws-of-renewable-power-plants\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt gets offers for 5500 MWs of renewable power plants\",\"datePublished\":\"2019-01-23T04:02:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/23\/egypt-gets-offers-for-5500-mws-of-renewable-power-plants\/\"},\"wordCount\":175,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"energy\",\"EnterpriseAM\",\"investment watch\",\"renewables\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/23\/egypt-gets-offers-for-5500-mws-of-renewable-power-plants\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/23\/egypt-gets-offers-for-5500-mws-of-renewable-power-plants\/\",\"name\":\"Egypt gets offers for 5500 MWs of renewable power plants - 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NREA has received 10 requests from companies looking to build projects with a capacity of 10 GW since\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":599269,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/24\/chinas-silk-road-fund-buys-into-egypt-renewable-energy-scene-through-acquisition-of-large-acwa-power-stake\/","url_meta":{"origin":600255,"position":1},"title":"China\u2019s Silk Road Fund buys into Egypt renewable energy scene through acquisition of large Acwa Power stake","author":"enterpriseam admin","date":"24 June 2019","format":false,"excerpt":"M&A WATCH- China\u2019s Silk Road Fund buys into Egypt renewable energy scene through acquisition of large Acwa Power stake: China\u2019s state-owned Silk Road Fundhas acquired a 49% stake in Saudi utility developer Acwa Power\u2019s renewable energy unit, Arabian Business reports. No details of the investment have been released. The renewable\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\/2019\/6\/578.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":593955,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/15\/uaes-al-nowais-offers-to-set-up-usd-700-mn-renewable-energy-plants-in-egypt\/","url_meta":{"origin":600255,"position":2},"title":"UAE\u2019s Al Nowais offers to set up USD 700 mn renewable energy plants in Egypt","author":"enterpriseam admin","date":"15 October 2019","format":false,"excerpt":"Al Nowais Investments is bidding to build USD 700 mn-worth of renewable energy plants in Egypt, sources from the Electricity Ministry said, according to Al Mal. A 500 MW wind power plant and a 50 MW solar plant could be built in undisclosed locations under a build-own-operate framework. The bid\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":599708,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/08\/companies-looking-to-invest-usd-500-mn-in-wind-power-in-egypt\/","url_meta":{"origin":600255,"position":3},"title":"Companies looking to invest USD 500 mn in wind power in Egypt","author":"enterpriseam admin","date":"8 January 2019","format":false,"excerpt":"Three unnamed Arab energy companies are looking to invest USD 500 mn to build 400 MW-worth of wind power plants on a combined land area of 80 sqm in unspecified locations, sources from the New and Renewable Energy Authority said. 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