{"id":638329,"date":"2017-10-02T03:40:58","date_gmt":"2017-10-02T03:40:58","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/02\/solar-power-companies-ask-for-two-week-extension-on-financial-close-deadline-for-fit-projects\/"},"modified":"2017-10-02T03:40:58","modified_gmt":"2017-10-02T03:40:58","slug":"solar-power-companies-ask-for-two-week-extension-on-financial-close-deadline-for-fit-projects","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/02\/solar-power-companies-ask-for-two-week-extension-on-financial-close-deadline-for-fit-projects\/","title":{"rendered":"Solar power companies ask for two-week extension on financial close deadline for FiT projects"},"content":{"rendered":"

Solar power companies that have signed power purchase agreements with the state for projects in Benban, Aswan under the feed-in tariff program have asked the Electricity Ministry for a two-week extension on their financial close deadline, which expires this month, Al Borsa reports<\/a>. A number of companies had complained in September<\/a> that infrastructure development for the solar power complex was moving at a much slower pace than expected, causing concern as they work towards financial close.<\/p>\n","protected":false},"excerpt":{"rendered":"

Solar power companies that have signed power purchase agreements with the state for projects in Benban, Aswan under the feed-in tariff program have asked the Electricity Ministry for a two-week extension on their financial close deadline, which expires this month, Al Borsa reports. A number of companies had complained in September that infrastructure development for […]<\/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-638329","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"4cc16695-5b36-4d07-a318-6928b5ab7dea","order":"0","is_powered_by":true,"section_story_id":"a0091531-49b8-4e5d-afa8-819ceb2f7609","story_type":"1","photo_url":"","photo_position":"above","related_issue":[638298],"teaser":"","voice_url":""},"yoast_head":"\nSolar power companies ask for two-week extension on financial close deadline for FiT 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\/2017\/10\/02\/solar-power-companies-ask-for-two-week-extension-on-financial-close-deadline-for-fit-projects\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Solar power companies ask for two-week extension on financial close deadline for FiT projects\" \/>\n<meta property=\"og:description\" content=\"Solar power companies that have signed power purchase agreements with the state for projects in Benban, Aswan under the feed-in tariff program have asked the Electricity Ministry for a two-week extension on their financial close deadline, which expires this month, Al Borsa reports. A number of companies had complained in September that infrastructure development for […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/02\/solar-power-companies-ask-for-two-week-extension-on-financial-close-deadline-for-fit-projects\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-10-02T03:40:58+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\/10\/02\/solar-power-companies-ask-for-two-week-extension-on-financial-close-deadline-for-fit-projects\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/02\/solar-power-companies-ask-for-two-week-extension-on-financial-close-deadline-for-fit-projects\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Solar power companies ask for two-week extension on financial close deadline for FiT projects\",\"datePublished\":\"2017-10-02T03:40:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/02\/solar-power-companies-ask-for-two-week-extension-on-financial-close-deadline-for-fit-projects\/\"},\"wordCount\":90,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"energy\",\"EnterpriseAM\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/02\/solar-power-companies-ask-for-two-week-extension-on-financial-close-deadline-for-fit-projects\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/02\/solar-power-companies-ask-for-two-week-extension-on-financial-close-deadline-for-fit-projects\/\",\"name\":\"Solar power companies ask for two-week extension on financial close deadline for FiT projects - 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Sources from the companies tell the newspaper that they haven\u2019t seen any work being\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":630728,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/energy-companies-that-bid-for-wind-projects-fail-to-reach-financial-close-by-deadline\/","url_meta":{"origin":638329,"position":4},"title":"Energy companies that bid for wind projects fail to reach financial close by deadline","author":"enterpriseam admin","date":"30 April 2018","format":false,"excerpt":"None of the companies that bid for EGP 2 bn-worth of wind power projects under phase two of the feed-in tariff program have managed to reach financial close in time, a source from the New and Renewable Energy Authority (NREA) tells Al Mal. 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