{"id":624482,"date":"2018-09-10T04:16:47","date_gmt":"2018-09-10T04:16:47","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/10\/shanghai-electric-and-tiba-group-bidding-on-usd-600-mn-worth-of-solar-projects\/"},"modified":"2018-09-10T04:16:47","modified_gmt":"2018-09-10T04:16:47","slug":"shanghai-electric-and-tiba-group-bidding-on-usd-600-mn-worth-of-solar-projects","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/10\/shanghai-electric-and-tiba-group-bidding-on-usd-600-mn-worth-of-solar-projects\/","title":{"rendered":"Shanghai Electric and TIBA Group bidding on USD 600 mn worth of solar projects"},"content":{"rendered":"

INVESTMENT WATCH- China eyes solar power projects. <\/strong>China\u2019s Shanghai Electric and TIBA Group are currently bidding on USD 600 mn-worth of solar power station projects with a combined generating capacity of 600 MW, unnamed ministry sources tell Al Masdar<\/a>. The companies are reportedly vying to develop the solar power stations \u2014 which will be funded through three unnamed Chinese banks \u2014 in Benban or West Nile Delta. The ministry is expected to announce its stance on the offer by year\u2019s end. Speaking of renewables, we had noted yesterday<\/a> that UAE\u2019s Alcazar Energy looking to snag USD 500 mn in wind projects in the Gulf of Suez region.<\/p>\n

Post-Benban renewables FiT rate set at USD 0.025 per kWh:<\/strong> This comes as the Electricity Ministry has reportedly settled on a maximum feed-in-tariff for power generated by renewable energy projects at USD 0.025 per kWh, according to ministry sources<\/a>. All renewable energy projects will now be tendered and established under a build-own-operate framework, with companies required to submit financial offers that include selling power at or below the maximum tariff, the sources say.<\/p>\n","protected":false},"excerpt":{"rendered":"

INVESTMENT WATCH- China eyes solar power projects. China\u2019s Shanghai Electric and TIBA Group are currently bidding on USD 600 mn-worth of solar power station projects with a combined generating capacity of 600 MW, unnamed ministry sources tell Al Masdar. The companies are reportedly vying to develop the solar power stations \u2014 which will be funded […]<\/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-624482","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"9c541699-5a8c-40b5-bc25-6cf805bf26f8","order":"0","is_powered_by":true,"section_story_id":"d4808c15-4124-43d1-8bf5-9bdf980e8b8e","story_type":"1","photo_url":"","photo_position":"above","related_issue":[624467],"teaser":"","voice_url":""},"yoast_head":"\nShanghai Electric and TIBA Group bidding on USD 600 mn worth of solar projects - 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\/09\/10\/shanghai-electric-and-tiba-group-bidding-on-usd-600-mn-worth-of-solar-projects\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shanghai Electric and TIBA Group bidding on USD 600 mn worth of solar projects\" \/>\n<meta property=\"og:description\" content=\"INVESTMENT WATCH- China eyes solar power projects. 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