{"id":648561,"date":"2017-04-06T03:53:27","date_gmt":"2017-04-06T03:53:27","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/06\/al-hokair-to-invest-usd-100-mn-in-solar-energy-projects-this-year\/"},"modified":"2017-04-06T03:53:27","modified_gmt":"2017-04-06T03:53:27","slug":"al-hokair-to-invest-usd-100-mn-in-solar-energy-projects-this-year","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/06\/al-hokair-to-invest-usd-100-mn-in-solar-energy-projects-this-year\/","title":{"rendered":"Al Hokair to invest USD 100 mn in solar energy projects this year"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>Saudi\u2019s Al Hokair Group is planning to invest USD 100 mn in Egypt\u2019s solar power sector <\/strong><strong>this year<\/strong>, <a href=\"http:\/\/www.alborsanews.com\/2017\/04\/05\/1006958\">Al Borsa<\/a> reports. Cabinet has approved Al Hokair subsidiary FAS Energy\u2019s financial model for a 50 MW solar station it is proposing to build under phase one of the feed-in tariff program, FAS Energy CEO Sabri Asfour tells the newspaper. Al Hokair will fund 85% of the project and is seeking financing from an Egyptian bank for the balance.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Saudi\u2019s Al Hokair Group is planning to invest USD 100 mn in Egypt\u2019s solar power sector this year, Al Borsa reports. Cabinet has approved Al Hokair subsidiary FAS Energy\u2019s financial model for a 50 MW solar station it is proposing to build under phase one of the feed-in tariff program, FAS Energy CEO Sabri Asfour [&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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-648561","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"0684b7d2-d455-4fcd-b883-69b5a07f1897","order":"0","is_powered_by":true,"section_story_id":"131ac6a3-8405-4945-b8e9-a1e5596d7807","story_type":"1","photo_url":"","photo_position":"above","related_issue":[648548],"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>Al Hokair to invest USD 100 mn in solar energy projects this year - 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\/04\/06\/al-hokair-to-invest-usd-100-mn-in-solar-energy-projects-this-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Al Hokair to invest USD 100 mn in solar energy projects this year\" \/>\n<meta property=\"og:description\" content=\"Saudi\u2019s Al Hokair Group is planning to invest USD 100 mn in Egypt\u2019s solar power sector this year, Al Borsa reports. Cabinet has approved Al Hokair subsidiary FAS Energy\u2019s financial model for a 50 MW solar station it is proposing to build under phase one of the feed-in tariff program, FAS Energy CEO Sabri Asfour [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/06\/al-hokair-to-invest-usd-100-mn-in-solar-energy-projects-this-year\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-04-06T03:53:27+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\/04\/06\/al-hokair-to-invest-usd-100-mn-in-solar-energy-projects-this-year\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/06\/al-hokair-to-invest-usd-100-mn-in-solar-energy-projects-this-year\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Al Hokair to invest USD 100 mn in solar energy projects this year\",\"datePublished\":\"2017-04-06T03:53:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/06\/al-hokair-to-invest-usd-100-mn-in-solar-energy-projects-this-year\/\"},\"wordCount\":89,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/06\/al-hokair-to-invest-usd-100-mn-in-solar-energy-projects-this-year\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/06\/al-hokair-to-invest-usd-100-mn-in-solar-energy-projects-this-year\/\",\"name\":\"Al Hokair to invest USD 100 mn in solar energy projects this year - 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Under the new contract, Al Hokair will\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":622709,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/10\/saudis-fas-energy-to-invest-usd-420-mn-in-egypt-projects\/","url_meta":{"origin":648561,"position":2},"title":"Saudi\u2019s Fas Energy to invest USD 420 mn in Egypt projects","author":"enterpriseam admin","date":"10 October 2018","format":false,"excerpt":"INVESTMENT WATCH- Saudi\u2019s Fas Energy looking to invest USD 420 mn in Egypt projects: Fas Energy, a subsidiary of Saudi Arabia\u2019s Al Hokair Group, is looking to invest up to USD 420 mn in solar energy and waste recycling projects in Egypt, company general manager Sabri Asfour is quoted by\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":623083,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/21\/fas-energy-reportedly-completed-usd-75-mn-50-mw-solar-power-plant-under-fit-phase-one-program\/","url_meta":{"origin":648561,"position":3},"title":"Fas Energy reportedly completed USD 75 mn 50 MW solar power plant under FiT phase one program","author":"enterpriseam admin","date":"21 October 2018","format":false,"excerpt":"Fas Energy, a subsidiary of Saudi Arabia\u2019s Al Hokair Group, reportedly completed a 50 MW solar power plant under phase one of the feed-in tariff program for USD 75 mn, an unnamed official from the New and Renewable Energy Authority said, according to Al Mal. We reportedearlier this month that\u2026","rel":"","context":"In &quot;Infrastructure&quot;","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":632949,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/22\/empc-grants-al-hokair-group-rights-to-redevelop-magic-land\/","url_meta":{"origin":648561,"position":4},"title":"EMPC grants Al Hokair Group rights to redevelop Magic Land","author":"enterpriseam admin","date":"22 February 2018","format":false,"excerpt":"The Egyptian Media Production City\u2019s board of directors has agreed to grant Saudi Arabia\u2019s Al Hokair Group the rights to redevelop and manage Magic Land under a 30-year license, according to a company disclosure (pdf). 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The project is being implemented under phase one of the feed in-tariff\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/648561","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=648561"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/648561\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/648548"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=648561"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=648561"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=648561"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=648561"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=648561"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}