{"id":642264,"date":"2017-08-09T04:12:12","date_gmt":"2017-08-09T04:12:12","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/09\/skypower-to-invest-usd-500-mn-in-solar-power-projects\/"},"modified":"2017-08-09T04:12:12","modified_gmt":"2017-08-09T04:12:12","slug":"skypower-to-invest-usd-500-mn-in-solar-power-projects","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/09\/skypower-to-invest-usd-500-mn-in-solar-power-projects\/","title":{"rendered":"SkyPower to invest USD 500 mn in solar power projects"},"content":{"rendered":"

Canada\u2019s SkyPower will receive 14 square km of land to build USD 500 mn worth of solar power projects producing 600 MW, New and Renewable Energy Authority (NREA) head Mohamed El Khayat tells Al Borsa<\/a>. The Egyptian Electricity Transmission Company will sign a power purchase agreement with SkyPower once the company reaches financial close on the agreement and has completed its feasibility study on the project. It is unclear as of yet if this is part of the whopping USD 5 bn investment pledge<\/a> by the company to develop 3 GW of solar power capacity, or whether the company has reduced its investments. The USD 5 bn project was originally signed during the March 2015 Egypt Economic Development Conference<\/a> and resurrected earlier this year.<\/p>\n","protected":false},"excerpt":{"rendered":"

Canada\u2019s SkyPower will receive 14 square km of land to build USD 500 mn worth of solar power projects producing 600 MW, New and Renewable Energy Authority (NREA) head Mohamed El Khayat tells Al Borsa. The Egyptian Electricity Transmission Company will sign a power purchase agreement with SkyPower once the company reaches financial close on […]<\/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-642264","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"baacba6e-26fa-4583-87ac-c82dba293856","order":"0","is_powered_by":true,"section_story_id":"e6ee1c7a-2541-4df8-b469-e74113a36860","story_type":"1","photo_url":"","photo_position":"above","related_issue":[642231],"teaser":"","voice_url":""},"yoast_head":"\nSkyPower to invest USD 500 mn in solar power 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\/08\/09\/skypower-to-invest-usd-500-mn-in-solar-power-projects\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SkyPower to invest USD 500 mn in solar power projects\" \/>\n<meta property=\"og:description\" content=\"Canada\u2019s SkyPower will receive 14 square km of land to build USD 500 mn worth of solar power projects producing 600 MW, New and Renewable Energy Authority (NREA) head Mohamed El Khayat tells Al Borsa. The Egyptian Electricity Transmission Company will sign a power purchase agreement with SkyPower once the company reaches financial close on […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/09\/skypower-to-invest-usd-500-mn-in-solar-power-projects\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-08-09T04:12:12+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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/09\/skypower-to-invest-usd-500-mn-in-solar-power-projects\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/09\/skypower-to-invest-usd-500-mn-in-solar-power-projects\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"SkyPower to invest USD 500 mn in solar power projects\",\"datePublished\":\"2017-08-09T04:12:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/09\/skypower-to-invest-usd-500-mn-in-solar-power-projects\/\"},\"wordCount\":127,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"energy\",\"EnterpriseAM\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/09\/skypower-to-invest-usd-500-mn-in-solar-power-projects\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/09\/skypower-to-invest-usd-500-mn-in-solar-power-projects\/\",\"name\":\"SkyPower to invest USD 500 mn in solar power projects - 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The government seems to be thinking about resurrecting a two-year-old solar power agreement with SkyPower and International Gulf Development to develop a 3 GW solar PV project at a cost of USD 5 bn. The cabinet\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":646264,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/11\/skypowers-usd-5-bn-3-gw-solar-pv-project-gets-green-light-from-cabinet\/","url_meta":{"origin":642264,"position":1},"title":"SkyPower\u2019s USD 5 bn, 3 GW solar PV project gets green light from cabinet","author":"enterpriseam admin","date":"11 June 2017","format":false,"excerpt":"INVESTMENT WATCH- The Ismail cabinet voted on Thursday to green-light a plan from Canada\u2019s SkyPower to develop a 3 GW solar PV project. 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The companies include Scatec Solar, an Elsewedy Electric-Marubeni consortium, PowerChina, ACWA Power, and SkyPower. The Egyptian Electricity Transmission Company (EETC) had\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":547488,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/23\/alhokair-subsidiary-to-build-usd-450-mn-solar-plant-in-egypt\/","url_meta":{"origin":642264,"position":3},"title":"Alhokair subsidiary to build USD 450 mn solar plant in Egypt","author":"enterpriseam admin","date":"23 June 2022","format":false,"excerpt":"Alhokair Group subsidiary FAS Energy is planning to invest some USD 450 mn (SAR 1.7 bn) to construct a 500 MW solar plant in Egypt in partnership with the Electricity Ministry and the Egyptian Electricity Transmission Company (EETC), FAS Energy CEO Sabri Asfour told Enterprise. 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