{"id":647327,"date":"2017-05-08T03:41:45","date_gmt":"2017-05-08T03:41:45","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/08\/saudis-alfanar-to-start-purchasing-solar-power-from-eetc\/"},"modified":"2017-05-08T03:41:45","modified_gmt":"2017-05-08T03:41:45","slug":"saudis-alfanar-to-start-purchasing-solar-power-from-eetc","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/08\/saudis-alfanar-to-start-purchasing-solar-power-from-eetc\/","title":{"rendered":"Saudi\u2019s Alfanar to start purchasing solar power from EETC"},"content":{"rendered":"

Saudi Arabia\u2019s Alfanar signed offtake agreement to sell solar power to the Egyptian Electricity Transmission Company and hopes to reach financial close on a solar power station in about two months\u2019 time, Al Borsa says<\/a>. Alfanar vice chairman Sabah Almutlaq tells the newspaper the company is building a USD 75 mn, 50 MW power station with partial financing from the European Bank for Reconstruction and Development.<\/p>\n","protected":false},"excerpt":{"rendered":"

Saudi Arabia\u2019s Alfanar signed offtake agreement to sell solar power to the Egyptian Electricity Transmission Company and hopes to reach financial close on a solar power station in about two months\u2019 time, Al Borsa says. Alfanar vice chairman Sabah Almutlaq tells the newspaper the company is building a USD 75 mn, 50 MW power station […]<\/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-647327","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"62a69b50-a083-4b08-9c46-b56816e83832","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[647297],"teaser":"","voice_url":""},"yoast_head":"\nSaudi\u2019s Alfanar to start purchasing solar power from EETC - 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\/05\/08\/saudis-alfanar-to-start-purchasing-solar-power-from-eetc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Saudi\u2019s Alfanar to start purchasing solar power from EETC\" \/>\n<meta property=\"og:description\" content=\"Saudi Arabia\u2019s Alfanar signed offtake agreement to sell solar power to the Egyptian Electricity Transmission Company and hopes to reach financial close on a solar power station in about two months\u2019 time, Al Borsa says. Alfanar vice chairman Sabah Almutlaq tells the newspaper the company is building a USD 75 mn, 50 MW power station […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/08\/saudis-alfanar-to-start-purchasing-solar-power-from-eetc\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-05-08T03:41:45+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\/05\/08\/saudis-alfanar-to-start-purchasing-solar-power-from-eetc\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/08\/saudis-alfanar-to-start-purchasing-solar-power-from-eetc\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Saudi\u2019s Alfanar to start purchasing solar power from EETC\",\"datePublished\":\"2017-05-08T03:41:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/08\/saudis-alfanar-to-start-purchasing-solar-power-from-eetc\/\"},\"wordCount\":75,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"energy\",\"EnterpriseAM\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/08\/saudis-alfanar-to-start-purchasing-solar-power-from-eetc\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/08\/saudis-alfanar-to-start-purchasing-solar-power-from-eetc\/\",\"name\":\"Saudi\u2019s Alfanar to start purchasing solar power from EETC - 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Almutlaq did not specify a time for the investments, but we know that Alfanar signed last week a power purchase agreement to sell\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":598058,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/13\/saudis-alfanar-to-build-usd-250-mn-wind-plant-in-egypt\/","url_meta":{"origin":647327,"position":1},"title":"Saudi\u2019s Alfanar to build USD 250 mn wind plant in Egypt","author":"enterpriseam admin","date":"13 May 2019","format":false,"excerpt":"Saudi-based Alfanar Company is planning to build a USD 250 mn wind power plant in Egypt by no later than 2021, CEO Gamal Wadi said, without revealing any further details. The plant comes as part of the company\u2019s global strategy to invest USD 1.6 bn in renewable energy projects producing\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":638269,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/01\/icd-provides-alfa-solar-with-usd-28-5-mn-for-benban-solar-power-plant-project\/","url_meta":{"origin":647327,"position":2},"title":"ICD provides Alfa Solar with USD 28.5 mn for Benban solar power plant project","author":"enterpriseam admin","date":"1 October 2017","format":false,"excerpt":"The Islamic Corporation for the Development of the Private Sector (ICD) and Alfa Solar signed an agreement for USD 28.5 mn in shariah-compliant funding. The funding will go towards financing part of the development, construction and operation of a 50 MW PV solar power plant project in Egypt. ICD and\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":597962,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/09\/apicorp-signs-usd-75-mn-islamic-loan-agreement-with-alfanar-for-renewable-energy-projects\/","url_meta":{"origin":647327,"position":3},"title":"Apicorp signs USD 75 mn Islamic loan agreement with Alfanar for renewable energy projects","author":"enterpriseam admin","date":"9 May 2019","format":false,"excerpt":"The Arab Petroleum Investments Corporation (Apicorp) has signed a five-year Islamic financing facility with Saudi-based Alfanar Company worth USD 75 mn, according to a press release (pdf). The loan from the development bank will support Alfanar\u2019s renewable energy projects, including its 300 MW wind project in Spain. \u201cWith an existing\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":630625,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/26\/eetc-to-withdraw-land-allocated-for-wind-projects-after-investors-failed-to-deliver\/","url_meta":{"origin":647327,"position":4},"title":"EETC to withdraw land allocated for wind projects after investors failed to deliver","author":"enterpriseam admin","date":"26 April 2018","format":false,"excerpt":"The Egyptian Electricity Transmission Company (EETC) has notified the New and Renewable Energy Authority (NREA) that it would begin on Saturday withdrawing land plots allocated for wind power projects from investors who have failed to deliver any progress, according to NREA sources. Nine companies, including ACWA Power, Infinity, Elsewedy, and\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":647327,"position":5},"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. The deadline expired last Thursday, according to\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\/647327","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=647327"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/647327\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/647297"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=647327"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=647327"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=647327"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=647327"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=647327"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}