{"id":636093,"date":"2017-12-20T04:06:21","date_gmt":"2017-12-20T04:06:21","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/20\/afdb-looking-to-offer-funding-for-600-mw-solar-power-projects-in-upper-egypt\/"},"modified":"2017-12-20T04:06:21","modified_gmt":"2017-12-20T04:06:21","slug":"afdb-looking-to-offer-funding-for-600-mw-solar-power-projects-in-upper-egypt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/20\/afdb-looking-to-offer-funding-for-600-mw-solar-power-projects-in-upper-egypt\/","title":{"rendered":"AfDB looking to offer funding for 600 MW solar power projects in Upper Egypt"},"content":{"rendered":"<p>The African Development Bank (AfDB) is looking into offering USD 25-30 mn in funding for solar power projects in Upper Egypt with a combined production capacity of 600 MW, AfDB Vice President Khaled Sherif <a href=\"https:\/\/alborsanews.com\/2017\/12\/19\/1073250\">tells Al Borsa<\/a>. Two international companies have already submitted financing requests to the bank for the projects, which the Egyptian Electricity Transmission Company <a href=\"https:\/\/enterprise.press\/stories\/2017\/12\/12\/eetc-issues-first-tender-outside-fit-program-for-600-mw-of-solar-energy\/\">tendered last week<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The African Development Bank (AfDB) is looking into offering USD 25-30 mn in funding for solar power projects in Upper Egypt with a combined production capacity of 600 MW, AfDB Vice President Khaled Sherif tells Al Borsa. Two international companies have already submitted financing requests to the bank for the projects, which the Egyptian Electricity [&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],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-636093","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"4c036080-2038-4b6b-95e3-d7c5f1fdad3e","order":"0","is_powered_by":true,"section_story_id":"edfc21e9-a97f-45d7-b439-c77d7d55ed78","story_type":"1","photo_url":"","photo_position":"above","related_issue":[636057],"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>AfDB looking to offer funding for 600 MW solar power projects in Upper 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\/2017\/12\/20\/afdb-looking-to-offer-funding-for-600-mw-solar-power-projects-in-upper-egypt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AfDB looking to offer funding for 600 MW solar power projects in Upper Egypt\" \/>\n<meta property=\"og:description\" content=\"The African Development Bank (AfDB) is looking into offering USD 25-30 mn in funding for solar power projects in Upper Egypt with a combined production capacity of 600 MW, AfDB Vice President Khaled Sherif tells Al Borsa. Two international companies have already submitted financing requests to the bank for the projects, which the Egyptian Electricity [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/20\/afdb-looking-to-offer-funding-for-600-mw-solar-power-projects-in-upper-egypt\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-12-20T04:06:21+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\/2017\/12\/20\/afdb-looking-to-offer-funding-for-600-mw-solar-power-projects-in-upper-egypt\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/20\/afdb-looking-to-offer-funding-for-600-mw-solar-power-projects-in-upper-egypt\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"AfDB looking to offer funding for 600 MW solar power projects in Upper Egypt\",\"datePublished\":\"2017-12-20T04:06:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/20\/afdb-looking-to-offer-funding-for-600-mw-solar-power-projects-in-upper-egypt\/\"},\"wordCount\":72,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"energy\",\"EnterpriseAM\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/20\/afdb-looking-to-offer-funding-for-600-mw-solar-power-projects-in-upper-egypt\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/20\/afdb-looking-to-offer-funding-for-600-mw-solar-power-projects-in-upper-egypt\/\",\"name\":\"AfDB looking to offer funding for 600 MW solar power projects in Upper Egypt - 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Shapoorji has already signed agreements with AfDB, the IMF, and the Islamic Bank to finance its USD 85 mn\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":640930,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/07\/afdb-approves-usd-55-mn-loan-for-three-fit-projects\/","url_meta":{"origin":636093,"position":1},"title":"AfDB approves USD 55 mn loan for three FiT projects","author":"enterpriseam admin","date":"7 September 2017","format":false,"excerpt":"The African Development Bank\u2019s (AfDB) board of directors approved on Tuesday three loans totaling USD 55 mn to fund three 50 MW solar power projects in Benban, Aswan, under phase two of the feed-in tariff program, the bank announced in a statement. Alcazar Energy and its subsidiary, Delta for Renewable\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":666700,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/06\/12\/afdb-commits-usd-184-mn-to-obelisk-solar-and-battery-project\/","url_meta":{"origin":636093,"position":2},"title":"AfDB commits USD 184 mn to Obelisk solar and battery project","author":"enterpriseam admin","date":"12 June 2025","format":false,"excerpt":"The recently approved funding will account for nearly a third of the project\u2019s entire investment cost","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\/2025\/2\/1263.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":595427,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/25\/afdb-looks-to-increase-funding-to-egypt-for-solar-projects\/","url_meta":{"origin":636093,"position":3},"title":"AfDB looks to increase funding to Egypt for solar projects","author":"enterpriseam admin","date":"25 September 2019","format":false,"excerpt":"The African Development Bank (AfDB) could increase funding to Egypt for solar projects as part of an initiative to develop the Sahara\u2019s solar generation capacity, the local press reported. Bank VP Wale Shonibare said that Egypt had an important role to play in the project, which aims to see the\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":639544,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/31\/the-latest-on-egypts-burgeoning-renewable-energy-sector\/","url_meta":{"origin":636093,"position":4},"title":"The latest on Egypt\u2019s burgeoning renewable energy sector","author":"enterpriseam admin","date":"31 October 2017","format":false,"excerpt":"Egypt\u2019s renewable energy sector under the second feed-in tariff program has been on a tear in the past couple of weeks. 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