{"id":641900,"date":"2017-08-01T04:10:00","date_gmt":"2017-08-01T04:10:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/01\/no-new-solar-power-projects-until-fit-is-completed\/"},"modified":"2017-08-01T04:10:00","modified_gmt":"2017-08-01T04:10:00","slug":"no-new-solar-power-projects-until-fit-is-completed","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/01\/no-new-solar-power-projects-until-fit-is-completed\/","title":{"rendered":"No new solar power projects until FiT is completed"},"content":{"rendered":"

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<\/a>. Shaker expects energy companies working on projects under phase two to reach financial close soon and sign power purchase agreements before the end of October. We noted last week<\/a> that 10 solar companies signed PPAs with the Egyptian Electricity Transmission Company after reaching financial close with various international funding institutions.<\/p>\n","protected":false},"excerpt":{"rendered":"

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 soon and sign power purchase […]<\/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-641900","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"a07dd5f0-8069-4b60-aee7-0d5440ac0ff2","order":"0","is_powered_by":true,"section_story_id":"bd8924be-b9ad-40bc-a55b-03dfcc4ba61e","story_type":"1","photo_url":"","photo_position":"above","related_issue":[641873],"teaser":"","voice_url":""},"yoast_head":"\nNo new solar power projects until FiT is completed - 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\/08\/01\/no-new-solar-power-projects-until-fit-is-completed\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"No new solar power projects until FiT is completed\" \/>\n<meta property=\"og:description\" content=\"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 soon and sign power purchase […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/01\/no-new-solar-power-projects-until-fit-is-completed\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-08-01T04:10:00+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\/08\/01\/no-new-solar-power-projects-until-fit-is-completed\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/01\/no-new-solar-power-projects-until-fit-is-completed\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"No new solar power projects until FiT is completed\",\"datePublished\":\"2017-08-01T04:10:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/01\/no-new-solar-power-projects-until-fit-is-completed\/\"},\"wordCount\":94,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"energy\",\"EnterpriseAM\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/01\/no-new-solar-power-projects-until-fit-is-completed\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/01\/no-new-solar-power-projects-until-fit-is-completed\/\",\"name\":\"No new solar power projects until FiT is completed - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-08-01T04:10:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/01\/no-new-solar-power-projects-until-fit-is-completed\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/01\/no-new-solar-power-projects-until-fit-is-completed\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/01\/no-new-solar-power-projects-until-fit-is-completed\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"No new solar power projects until FiT is completed\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"No new solar power projects until FiT is completed - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/01\/no-new-solar-power-projects-until-fit-is-completed\/","og_locale":"en_US","og_type":"article","og_title":"No new solar power projects until FiT is completed","og_description":"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 soon and sign power purchase […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/01\/no-new-solar-power-projects-until-fit-is-completed\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2017-08-01T04:10:00+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/01\/no-new-solar-power-projects-until-fit-is-completed\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/01\/no-new-solar-power-projects-until-fit-is-completed\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"No new solar power projects until FiT is completed","datePublished":"2017-08-01T04:10:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/01\/no-new-solar-power-projects-until-fit-is-completed\/"},"wordCount":94,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["energy","EnterpriseAM"],"articleSection":["Energy"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/01\/no-new-solar-power-projects-until-fit-is-completed\/","url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/01\/no-new-solar-power-projects-until-fit-is-completed\/","name":"No new solar power projects until FiT is completed - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2017-08-01T04:10:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/01\/no-new-solar-power-projects-until-fit-is-completed\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2017\/08\/01\/no-new-solar-power-projects-until-fit-is-completed\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/01\/no-new-solar-power-projects-until-fit-is-completed\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"No new solar power projects until FiT is completed"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":557376,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/16\/two-renewable-energy-producers-want-to-delay-work-on-their-egypt-projects\/","url_meta":{"origin":641900,"position":0},"title":"Two renewable energy producers want to delay work on their Egypt projects","author":"enterpriseam admin","date":"16 September 2021","format":false,"excerpt":"Global inflation is delaying renewable energy projects in Egypt: Two major Middle Eastern energy companies have recently asked to postpone renewable projects under pressure from rising input prices, an official at the New and Renewable Energy Authority (NREA) tells Enterprise. Saudi Arabia\u2019s ACWA Power and the UAE\u2019s Al Nowais have\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\/2021\/9\/220.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":639343,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/26\/20-solar-power-companies-submit-financial-close-documents-on-fit-phase-two-projects\/","url_meta":{"origin":641900,"position":1},"title":"20 solar power companies submit financial close documents on FiT phase two projects","author":"enterpriseam admin","date":"26 October 2017","format":false,"excerpt":"20 solar power companies have submitted their preliminary documents for financial close on their projects in Benban to the Egyptian Electricity Transmission Company (EETC), government sources tell Al Borsa. Others are reportedly \u201cscrambling\u201d to complete their paperwork by today, the deadline set by the Electricity Ministry for funding under phase\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":595428,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/25\/nrea-aims-to-build-2-gw-solar-power-plants\/","url_meta":{"origin":641900,"position":2},"title":"NREA aims to build 2 GW solar power plants","author":"enterpriseam admin","date":"25 September 2019","format":false,"excerpt":"The National Renewable Energy Authority (NREA) aims to build solar power plants with a combined capacity of 2 GW, authority head Mohamed El Khayat said without specifying a timeframe or elaborating further. NREA has received 10 requests from companies looking to build projects with a capacity of 10 GW since\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":638329,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/02\/solar-power-companies-ask-for-two-week-extension-on-financial-close-deadline-for-fit-projects\/","url_meta":{"origin":641900,"position":3},"title":"Solar power companies ask for two-week extension on financial close deadline for FiT projects","author":"enterpriseam admin","date":"2 October 2017","format":false,"excerpt":"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\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":542603,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/05\/solar-energy-players-call-for-scrapping-tariffs-on-solar-panels\/","url_meta":{"origin":641900,"position":4},"title":"Solar energy players call for scrapping tariffs on solar panels","author":"enterpriseam admin","date":"5 January 2022","format":false,"excerpt":"Solar energy players are lobbying to scrap a newly-imposed 5% import tariff on solar panels, Al Mal reports. The Solar Energy Development Association (SEDA) has sent a letter to Electricity Minister Mohamed Shaker requesting that the ministry cancel the duty, warning that the new levy will hurt the industry. \u201cEgypt\u2019s\u2026","rel":"","context":"In "Green economy"","block_context":{"text":"Green economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/green-economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/78.jpg?fit=%2C&ssl=1&resize=350%2C200","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":641900,"position":5},"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. Herewith, a roundup of recent developments, including news yesterday and overnight (background here, here and here, for those so inclined):International institutional interest in solar helps 30 companies close on\u2026","rel":"","context":"In "Spotlight"","block_context":{"text":"Spotlight","link":"https:\/\/enterpriseam.com\/egypt\/category\/explainers\/spotlight\/"},"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\/641900","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=641900"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/641900\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/641873"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=641900"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=641900"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=641900"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=641900"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=641900"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}