{"id":605093,"date":"2018-12-20T07:51:20","date_gmt":"2018-12-20T07:51:20","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/20\/talks-to-set-up-usd-2-bn-solar-panels-factory-break-down-between-egypts-govt-chinas-cgl-group\/"},"modified":"2018-12-20T07:51:20","modified_gmt":"2018-12-20T07:51:20","slug":"talks-to-set-up-usd-2-bn-solar-panels-factory-break-down-between-egypts-govt-chinas-cgl-group","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/20\/talks-to-set-up-usd-2-bn-solar-panels-factory-break-down-between-egypts-govt-chinas-cgl-group\/","title":{"rendered":"Talks to set up USD 2 bn solar panels factory break down between Egypt's gov't, China's CGL group"},"content":{"rendered":"<p>The Military Production Ministry appears to have caved in its negotiations with a Chinese company over a planned solar panel factory, and has agreed to buy up the facility\u2019s output, <a href=\"https:\/\/dailynewsegypt.com\/2018\/12\/19\/the-fraunhofer-alliance-conducts-technical-marketing-studies-for-establishment-of-solar-panel-plant\/\">government sources said<\/a>. Previous talks with China\u2019s Golden Concord Group on a USD 2 bn plant had fallen through after disagreements over what to do with the factory\u2019s output, but the two sides have now reached an agreement in exchange for the Chinese company financing the facility\u2019s construction. The Kuwait Fund for Arab Economic Development is also financing the project\u2019s feasibility studies. A final decision on the project will be made by March 2019.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Military Production Ministry appears to have caved in its negotiations with a Chinese company over a planned solar panel factory, and has agreed to buy up the facility\u2019s output, government sources said. Previous talks with China\u2019s Golden Concord Group on a USD 2 bn plant had fallen through after disagreements over what to do [&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":[93,72,481,150],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-605093","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","tag-germany","tag-renewable-energy","wpautop","entry"],"acf":{"mongo_id":"e0fabbaf-db48-495a-8d0d-5722ac6371dd","order":"0","is_powered_by":true,"section_story_id":"a4d04668-72ef-4c8c-9917-6255deba267b","story_type":"1","photo_url":"","photo_position":"above","related_issue":[605063],"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>Talks to set up USD 2 bn solar panels factory break down between Egypt&#039;s gov&#039;t, China&#039;s CGL group - 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\/2018\/12\/20\/talks-to-set-up-usd-2-bn-solar-panels-factory-break-down-between-egypts-govt-chinas-cgl-group\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Talks to set up USD 2 bn solar panels factory break down between Egypt&#039;s gov&#039;t, China&#039;s CGL group\" \/>\n<meta property=\"og:description\" content=\"The Military Production Ministry appears to have caved in its negotiations with a Chinese company over a planned solar panel factory, and has agreed to buy up the facility\u2019s output, government sources said. Previous talks with China\u2019s Golden Concord Group on a USD 2 bn plant had fallen through after disagreements over what to do [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/20\/talks-to-set-up-usd-2-bn-solar-panels-factory-break-down-between-egypts-govt-chinas-cgl-group\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-12-20T07:51:20+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\/2018\/12\/20\/talks-to-set-up-usd-2-bn-solar-panels-factory-break-down-between-egypts-govt-chinas-cgl-group\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/20\/talks-to-set-up-usd-2-bn-solar-panels-factory-break-down-between-egypts-govt-chinas-cgl-group\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Talks to set up USD 2 bn solar panels factory break down between Egypt's gov't, China's CGL group\",\"datePublished\":\"2018-12-20T07:51:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/20\/talks-to-set-up-usd-2-bn-solar-panels-factory-break-down-between-egypts-govt-chinas-cgl-group\/\"},\"wordCount\":127,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"energy\",\"EnterpriseAM\",\"Germany\",\"renewable energy\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/20\/talks-to-set-up-usd-2-bn-solar-panels-factory-break-down-between-egypts-govt-chinas-cgl-group\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/20\/talks-to-set-up-usd-2-bn-solar-panels-factory-break-down-between-egypts-govt-chinas-cgl-group\/\",\"name\":\"Talks to set up USD 2 bn solar panels factory break down between Egypt's gov't, China's CGL group - 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Negotiations between the Military Production Ministry and China\u2019s Golden Concord Group (GCL) over a planned USD 2 bn integral solar panel factory have reportedly come to a halt after disagreements over\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":623424,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/30\/egypt-in-talks-with-chinese-investor-to-build-solar-panel-factory-in-aswan\/","url_meta":{"origin":605093,"position":1},"title":"Egypt in talks with Chinese investor to build solar panel factory in Aswan","author":"enterpriseam admin","date":"30 October 2018","format":false,"excerpt":"INVESTMENT WATCH- Military Production Ministry in talks with Chinese investors on USD 1 bn solar panel plant: The Military Production Ministry is in talks with an unnamed Chinese company to partner on a USD 1 bn solar panel factory in Aswan, ministry officials tell Al Mal. The ministry plans 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":568407,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/29\/a-usd-2-bn-zombie-project-revived\/","url_meta":{"origin":605093,"position":2},"title":"A USD 2 bn zombie project revived?","author":"enterpriseam admin","date":"29 December 2020","format":false,"excerpt":"Enara Energy has signed an agreement with Chinese PV solar panel maker Chint Electric to partner on developing a sand-to-cell PV panel factory in Egypt, Enara\u2019s head of project development Mohamed Adel reportedly told the local press. Adel provides no detail on the project, its size or costs. 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