{"id":634103,"date":"2018-01-04T04:05:14","date_gmt":"2018-01-04T04:05:14","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/04\/finance-ministry-to-issue-letters-of-guarantee-for-30-solar-power-companies-under-fit-phase-2\/"},"modified":"2018-01-04T04:05:14","modified_gmt":"2018-01-04T04:05:14","slug":"finance-ministry-to-issue-letters-of-guarantee-for-30-solar-power-companies-under-fit-phase-2","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/04\/finance-ministry-to-issue-letters-of-guarantee-for-30-solar-power-companies-under-fit-phase-2\/","title":{"rendered":"Finance Ministry to issue letters of guarantee for 30 solar power companies under FiT phase 2"},"content":{"rendered":"

The Finance Ministry is planning to issue letters of guarantee next week for 30 solar power companies and consortia under the second phase of the feed-in tariff (FiT) program, government sources tell Al Borsa<\/a>. The Egyptian Electricity Transmission Company had accepted the financial models for their planned power plants in Benban last week, according to the newspaper. The companies will begin work on their respective projects once they receive the letters, according to the sources.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Finance Ministry is planning to issue letters of guarantee next week for 30 solar power companies and consortia under the second phase of the feed-in tariff (FiT) program, government sources tell Al Borsa. The Egyptian Electricity Transmission Company had accepted the financial models for their planned power plants in Benban last week, according to […]<\/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],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-634103","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"d0a94ce5-d16c-4a79-a99e-e8a47632291e","order":"0","is_powered_by":true,"section_story_id":"feb77939-2421-4bf7-b700-81cb88e70e34","story_type":"1","photo_url":"","photo_position":"above","related_issue":[634080],"teaser":"","voice_url":""},"yoast_head":"\nFinance Ministry to issue letters of guarantee for 30 solar power companies under FiT phase 2 - 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\/01\/04\/finance-ministry-to-issue-letters-of-guarantee-for-30-solar-power-companies-under-fit-phase-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Finance Ministry to issue letters of guarantee for 30 solar power companies under FiT phase 2\" \/>\n<meta property=\"og:description\" content=\"The Finance Ministry is planning to issue letters of guarantee next week for 30 solar power companies and consortia under the second phase of the feed-in tariff (FiT) program, government sources tell Al Borsa. The Egyptian Electricity Transmission Company had accepted the financial models for their planned power plants in Benban last week, according to […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/04\/finance-ministry-to-issue-letters-of-guarantee-for-30-solar-power-companies-under-fit-phase-2\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-01-04T04:05:14+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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/04\/finance-ministry-to-issue-letters-of-guarantee-for-30-solar-power-companies-under-fit-phase-2\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/04\/finance-ministry-to-issue-letters-of-guarantee-for-30-solar-power-companies-under-fit-phase-2\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Finance Ministry to issue letters of guarantee for 30 solar power companies under FiT phase 2\",\"datePublished\":\"2018-01-04T04:05:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/04\/finance-ministry-to-issue-letters-of-guarantee-for-30-solar-power-companies-under-fit-phase-2\/\"},\"wordCount\":88,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"energy\",\"EnterpriseAM\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/04\/finance-ministry-to-issue-letters-of-guarantee-for-30-solar-power-companies-under-fit-phase-2\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/04\/finance-ministry-to-issue-letters-of-guarantee-for-30-solar-power-companies-under-fit-phase-2\/\",\"name\":\"Finance Ministry to issue letters of guarantee for 30 solar power companies under FiT phase 2 - 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The ministry will issue the remaining 15 letters before the end of next week. The Egyptian Electricity\u2026","rel":"","context":"In "Energy"","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":632079,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/01\/finance-ministry-issues-letters-of-guarantee-to-30-solar-power-companies-under-fit-phase-two\/","url_meta":{"origin":634103,"position":1},"title":"Finance Ministry issues letters of guarantee to 30 solar power companies under FiT phase two","author":"enterpriseam admin","date":"1 February 2018","format":false,"excerpt":"The Finance Ministry issued financial guarantees to 30 solar power companies implementing projects under phase two of the feed in-tariff (FiT) program, government sources told Al Borsa. The projects are being funded by the European Bank for Reconstruction and Development and International Finance Corporation, they said. Companies are now waiting\u2026","rel":"","context":"In "Energy"","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":649352,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/30\/23-solar-companies-present-initial-funding-approval-letters-for-fit-projects\/","url_meta":{"origin":634103,"position":2},"title":"23 solar companies present initial funding approval letters for FiT projects","author":"enterpriseam admin","date":"30 April 2017","format":false,"excerpt":"23 solar power companies, including Scatec Solar, Orascom Construction, Al Fanar, and Acwa Power have presented initial approval letters from international finance institutions to fund their projects in the second phase of the feed-in tariff program, Al Borsa reports. Separately, the Egyptian Electric Utility and Consumer Protection Agency\u2019s (Egyptera) board\u2026","rel":"","context":"In "Energy"","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":632350,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/08\/benban-receives-thomson-reuters-project-finance-award-companies-break-on-projects-ground-after-receiving-licenses\/","url_meta":{"origin":634103,"position":3},"title":"Benban receives Thomson Reuters project finance award, companies break on projects ground after receiving licenses","author":"enterpriseam admin","date":"8 February 2018","format":false,"excerpt":"The Benban solar power complex won Thomson Reuters\u2019 Project Finance International Award for \u201cGlobal Multilateral [transaction] of the Year\u201d yesterday. The USD 2 bn complex, where 30 solar power plants will eventually generate around 1.5 GW of power, represents the second phase of Egypt\u2019s feed-in tariff (FiT) program and is\u2026","rel":"","context":"In "Speed Round"","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":651872,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/22\/eetc-asks-solar-power-companies-to-cover-increases-in-infrastructure-development-costs-for-renewable-energy-projects-ready-to-sign-power-purchasing-agreements\/","url_meta":{"origin":634103,"position":4},"title":"EETC asks solar power companies to cover increases in infrastructure development costs for renewable energy projects, ready to sign power purchasing agreements","author":"enterpriseam admin","date":"22 February 2017","format":false,"excerpt":"The Egyptian Electricity Transmission Company (EETC) is ready to sign power purchase agreements with renewable energy companies under the feed-in tariff program as soon as they reach financial close, Al Borsa says. The Finance Ministry approved investors\u2019 letters of guarantee on Tuesday, one day after the EETC informed them during\u2026","rel":"","context":"In "Energy"","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":641900,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/01\/no-new-solar-power-projects-until-fit-is-completed\/","url_meta":{"origin":634103,"position":5},"title":"No new solar power projects until FiT is completed","author":"enterpriseam admin","date":"1 August 2017","format":false,"excerpt":"The Electricity Ministry is not planning to issue any new tenders for solar power projects until it completes ongoing ones under the feed-in tariff (FiT) program, Minister Mohamed Shaker said on Monday, according to Al Borsa. Shaker expects energy companies working on projects under phase two to reach financial close\u2026","rel":"","context":"In "Energy"","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/634103","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=634103"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/634103\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/634080"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=634103"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=634103"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=634103"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=634103"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=634103"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}