{"id":600634,"date":"2019-02-05T04:35:05","date_gmt":"2019-02-05T04:35:05","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/05\/eni-looking-to-invest-up-to-usd-1-bn-in-solar-power-projects-in-egypt\/"},"modified":"2019-02-05T04:35:05","modified_gmt":"2019-02-05T04:35:05","slug":"eni-looking-to-invest-up-to-usd-1-bn-in-solar-power-projects-in-egypt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/05\/eni-looking-to-invest-up-to-usd-1-bn-in-solar-power-projects-in-egypt\/","title":{"rendered":"Eni looking to invest up to USD 1 bn in solar power projects in Egypt"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <b>INVESTMENT WATCH- Eni looking to invest up to USD 1 bn in solar power projects: <\/b>Italy\u2019s Eni has resumed negotiations with Egypt\u2019s Electricity Ministry to build 1 GW of solar generation capacity at a total investment cost of up to USD 1 bn, ministry sources told <a href=\"https:\/\/www.alborsaanews.com\/2019\/02\/04\/1174706\">the domestic press<\/a>. Eni could start with a 50 MW plant under the independent power producer (IPP) framework, followed by a 250 MW plant under the BOO (build, own, operate) framework, the sources said. The Italian company is currently seeking license from state utilities regulator Egyptera to build the generation stations. <a href=\"https:\/\/enterprise.press\/stories\/2018\/10\/15\/a-string-of-renewable-energy-news-worth-your-attention\/\">Negotiations<\/a>between Eni and Egypt over <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/29\/eni-said-to-be-one-of-five-companies-looking-to-build-solar-power-station-under-ipp-framework\/\">renewable energy projects<\/a> began last year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>INVESTMENT WATCH- Eni looking to invest up to USD 1 bn in solar power projects: Italy\u2019s Eni has resumed negotiations with Egypt\u2019s Electricity Ministry to build 1 GW of solar generation capacity at a total investment cost of up to USD 1 bn, ministry sources told the domestic press. Eni could start with a 50 [&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":[93,72,150,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-600634","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-energy","tag-enterpriseam","tag-renewable-energy","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"0f5eb07c-9901-48f8-8056-e8e2366387df","is_powered_by":true,"section_story_id":"85d4c021-7af0-4675-ade4-f8b889742369","story_type":"1","photo_url":"","photo_position":"above","related_issue":[600625],"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>Eni looking to invest up to USD 1 bn in solar power projects in Egypt - 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\/02\/05\/eni-looking-to-invest-up-to-usd-1-bn-in-solar-power-projects-in-egypt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Eni looking to invest up to USD 1 bn in solar power projects in Egypt\" \/>\n<meta property=\"og:description\" content=\"INVESTMENT WATCH- Eni looking to invest up to USD 1 bn in solar power projects: Italy\u2019s Eni has resumed negotiations with Egypt\u2019s Electricity Ministry to build 1 GW of solar generation capacity at a total investment cost of up to USD 1 bn, ministry sources told the domestic press. Eni could start with a 50 [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/05\/eni-looking-to-invest-up-to-usd-1-bn-in-solar-power-projects-in-egypt\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-02-05T04:35:05+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\/02\/05\/eni-looking-to-invest-up-to-usd-1-bn-in-solar-power-projects-in-egypt\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/05\/eni-looking-to-invest-up-to-usd-1-bn-in-solar-power-projects-in-egypt\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Eni looking to invest up to USD 1 bn in solar power projects in Egypt\",\"datePublished\":\"2019-02-05T04:35:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/05\/eni-looking-to-invest-up-to-usd-1-bn-in-solar-power-projects-in-egypt\/\"},\"wordCount\":119,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"energy\",\"EnterpriseAM\",\"renewable energy\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/05\/eni-looking-to-invest-up-to-usd-1-bn-in-solar-power-projects-in-egypt\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/05\/eni-looking-to-invest-up-to-usd-1-bn-in-solar-power-projects-in-egypt\/\",\"name\":\"Eni looking to invest up to USD 1 bn in solar power projects in Egypt - 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The cabinet and the EETC are reportedly\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":600634,"position":1},"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. According to the sources, the company has requested a license from\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":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":600634,"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":628048,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/24\/did-eni-pledge-usd-3-bn-in-investments-in-egypt-plus-we-could-be-exporting-natural-gas-by-years-end-early-2019\/","url_meta":{"origin":600634,"position":3},"title":"Did Eni pledge USD 3 bn in investments in Egypt? Plus: We could be exporting natural gas by year\u2019s end, early 2019","author":"enterpriseam admin","date":"24 June 2018","format":false,"excerpt":"INVESTMENT WATCH- Did Eni pledge USD 3 bn in investments in Egypt? Eni plans to allocate USD 3 bn in new investments in Egypt over \u201cthe coming period,\u201d Eni CEO Claudio Descalzi said, according to a purported statement from the Oil Ministry floating around in the local press on Thursday.\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":630656,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/29\/eni-said-to-be-one-of-five-companies-looking-to-build-solar-power-station-under-ipp-framework\/","url_meta":{"origin":600634,"position":4},"title":"Eni said to be one of five companies looking to build solar power station under IPP framework","author":"enterpriseam admin","date":"29 April 2018","format":false,"excerpt":"Eni one of five companies looking to build solar power station under IPP framework? Eni is reportedly one of five companies that have approached the Electricity Ministry with offers to build solar power stations under an Independent Power Producer (IPP) framework, sources said yesterday. The Italian company is looking to\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":633118,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/27\/govt-expected-to-sign-contracts-for-usd-50-mn-solar-plant-with-eni-in-april\/","url_meta":{"origin":600634,"position":5},"title":"Gov\u2019t expected to sign contracts for USD 50 mn solar plant with Eni in April","author":"enterpriseam admin","date":"27 February 2018","format":false,"excerpt":"The Electricity Ministry is planning to sign contracts with Eni for a USD 50 mn solar power plant in Abu Rudeis in April, ministry sources tell Al Borsa. 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