{"id":622958,"date":"2018-10-17T03:24:54","date_gmt":"2018-10-17T03:24:54","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/17\/infinity-solar-to-invest-usd-400-mn-in-renewables-projects-between-2019-2021\/"},"modified":"2018-10-17T03:24:54","modified_gmt":"2018-10-17T03:24:54","slug":"infinity-solar-to-invest-usd-400-mn-in-renewables-projects-between-2019-2021","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/17\/infinity-solar-to-invest-usd-400-mn-in-renewables-projects-between-2019-2021\/","title":{"rendered":"Infinity Solar to invest USD 400 mn in renewables projects between 2019-2021"},"content":{"rendered":"<p><strong>INVESTMENT WATCH- <\/strong><a href=\"http:\/\/www.infinitysolar.com\/\"><strong>Infinity Solar<\/strong><\/a><strong> plans to invest USD 400 mn in solar and wind power <\/strong><strong>projects through 20201<\/strong>, a company official <a href=\"https:\/\/almalnews.com\/Story\/394233\/59\/-%D8%A5%D9%86%D9%81%D9%8A%D9%86%D8%AA%D9%89-%D8%B3%D9%88%D9%84%D8%A7%D8%B1--%D8%AA%D8%AE%D8%B7%D8%B7-%D9%84%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1-400-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D9%85%D8%B7%D9%84%D8%B9-201\">told Al Mal<\/a>. The company aims to develop as much as 400 MW of capacity in Cairo, the Red Sea and Aswan, the official said, all under the Independent Power Producer (IPP) framework. In the works are three solar power facilities with a combined capacity of 130 MW, the first of which is slated to come online in April 2019 in the world-scale Benban solar complex, where Infinity was the <a href=\"https:\/\/enterprise.press\/stories\/2018\/03\/14\/egypt-inaugurates-benbans-first-solar-plant\/\">first company to complete<\/a> a solar plant earlier this year. The company had <a href=\"https:\/\/enterprise.press\/stories\/2018\/09\/26\/eetc-allows-infinity-solar-to-build-2-wind-powered-stations-under-ipp-framework\/\">also recently obtained licenses<\/a> for two wind-powered stations with a combined capacity of 100 MW.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>INVESTMENT WATCH- Infinity Solar plans to invest USD 400 mn in solar and wind power projects through 20201, a company official told Al Mal. The company aims to develop as much as 400 MW of capacity in Cairo, the Red Sea and Aswan, the official said, all under the Independent Power Producer (IPP) framework. In [&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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-622958","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"3c0321bd-1197-471b-b4ee-c1073ae5a7d8","order":"0","is_powered_by":true,"section_story_id":"ba2a5382-7ab8-4567-9708-248cd6179cbc","story_type":"1","photo_url":"","photo_position":"above","related_issue":[622945],"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>Infinity Solar to invest USD 400 mn in renewables projects between 2019-2021 - 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\/10\/17\/infinity-solar-to-invest-usd-400-mn-in-renewables-projects-between-2019-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Infinity Solar to invest USD 400 mn in renewables projects between 2019-2021\" \/>\n<meta property=\"og:description\" content=\"INVESTMENT WATCH- Infinity Solar plans to invest USD 400 mn in solar and wind power projects through 20201, a company official told Al Mal. The company aims to develop as much as 400 MW of capacity in Cairo, the Red Sea and Aswan, the official said, all under the Independent Power Producer (IPP) framework. In [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/17\/infinity-solar-to-invest-usd-400-mn-in-renewables-projects-between-2019-2021\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-10-17T03:24:54+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\/10\/17\/infinity-solar-to-invest-usd-400-mn-in-renewables-projects-between-2019-2021\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/17\/infinity-solar-to-invest-usd-400-mn-in-renewables-projects-between-2019-2021\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Infinity Solar to invest USD 400 mn in renewables projects between 2019-2021\",\"datePublished\":\"2018-10-17T03:24:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/17\/infinity-solar-to-invest-usd-400-mn-in-renewables-projects-between-2019-2021\/\"},\"wordCount\":124,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/17\/infinity-solar-to-invest-usd-400-mn-in-renewables-projects-between-2019-2021\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/17\/infinity-solar-to-invest-usd-400-mn-in-renewables-projects-between-2019-2021\/\",\"name\":\"Infinity Solar to invest USD 400 mn in renewables projects between 2019-2021 - 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The company aims to develop as much as 400 MW of capacity in Cairo, the Red Sea and Aswan, the official said, all under the Independent Power Producer (IPP) framework. 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The company has submitted a request to the NREA to allocate three\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":636809,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/01\/bpe-partners-closes-on-three-plants-with-combined-130-mw-production-capacity-in-benban-oc-consortium-to-develop-a-usd-400-mn-250-mw-wind-farm-in-ras-ghareb\/","url_meta":{"origin":622958,"position":2},"title":"BPE Partners closes on three plants with combined 130 MW production capacity in Benban, OC consortium to develop a USD 400 mn 250 MW wind Farm in Ras Ghareb","author":"enterpriseam admin","date":"1 November 2017","format":false,"excerpt":"The push for renewables continues: Our friends at BPE Partners announced yesterday (pdf) that it reached financial close alongside Egypt\u2019s Infinity Solar and Germany\u2019s Ib Vogt gmbH on three solar power plants with a combined production capacity of 130 MW in Benban at a total cost of USD 190 mn.\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":650010,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/14\/infinity-solar-in-talks-for-usd-45-mn-facility-to-fund-30-mw-power-plant\/","url_meta":{"origin":622958,"position":3},"title":"Infinity Solar in talks for USD 45 mn facility to fund 30 MW power plant","author":"enterpriseam admin","date":"14 March 2017","format":false,"excerpt":"Infinity Solar is in negotiations for over USD 45 mn in loans to fund its 30 MW solar power plant as part of phase two of the feed-in tariff (FiT) program, human resources director Hisham El Gamal tells Al Mal. 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The Arab Fund for Economic and Social Development will also provide USD 85 mn for a 50 MW solar\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":648994,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/19\/scatec-solar-signs-25-year-ppa-for-six-solar-power-plants\/","url_meta":{"origin":622958,"position":5},"title":"Scatec Solar signs 25-year PPA for six solar power plants","author":"enterpriseam admin","date":"19 April 2017","format":false,"excerpt":"Norway\u2019s Scatec Solar signed a 25-year power purchasing agreement with the Electricity Ministry to supply energy from six solar power plants with a combined production capacity of 400 MW, reNEWS reports. Scatec will provide equity of USD 50-70 mn for the USD 450 mn project. 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