{"id":649123,"date":"2017-04-23T04:02:40","date_gmt":"2017-04-23T04:02:40","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/23\/as-funding-flows-into-solar-power-projects-egyptera-considers-permanent-license-for-fit-projects\/"},"modified":"2017-04-23T04:02:40","modified_gmt":"2017-04-23T04:02:40","slug":"as-funding-flows-into-solar-power-projects-egyptera-considers-permanent-license-for-fit-projects","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/23\/as-funding-flows-into-solar-power-projects-egyptera-considers-permanent-license-for-fit-projects\/","title":{"rendered":"As funding flows into solar power projects, Egyptera considers permanent license for FiT projects"},"content":{"rendered":"

<\/a> International finance institutions, including the EBRD, IFC, and African Development Bank, agreed to preliminary funding approvals worth USD 400-800 mn for feed-in tariff (FiT) phase two projects, sources tell Al Borsa<\/a>. The Arab Fund for Economic and Social Development will also provide USD 85 mn for a 50 MW solar power plant project in Kom Ombo, according to a statement<\/a>. Separately, Sterling & Wilson, Shanghai Electric, TBEA, and two other unnamed companies were prequalified for a project to build a 20 MW solar power station, sources tell Al Borsa<\/a>. This followed Norway\u2019s Scatec Solar signing of a 25-year power purchasing agreement last week<\/a> to supply energy from six solar power plants that have a combined production capacity of 400 MW. KPMG\u2019s corporate intelligence practice<\/a> said the Benban photovoltaic plant would be the world\u2019s largest, if successful. This comes as the Egyptian Electric Utility & Consumer Protection Agency (Egyptera) will discuss tomorrow granting permanent licenses to solar power companies that have signed FiT agreements, Egyptera sources tell Al Borsa<\/a>. The companies that will be granted the license include FAS Energy, Alef Solar, and Infinity Solar.<\/p>\n","protected":false},"excerpt":{"rendered":"

International finance institutions, including the EBRD, IFC, and African Development Bank, agreed to preliminary funding approvals worth USD 400-800 mn for feed-in tariff (FiT) phase two projects, sources tell Al Borsa. The Arab Fund for Economic and Social Development will also provide USD 85 mn for a 50 MW solar power plant project in Kom […]<\/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-649123","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"fe3021e7-7e96-427b-8543-d74710a0fcfc","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[649093],"teaser":"","voice_url":""},"yoast_head":"\nAs funding flows into solar power projects, Egyptera considers permanent license 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\/04\/23\/as-funding-flows-into-solar-power-projects-egyptera-considers-permanent-license-for-fit-projects\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"As funding flows into solar power projects, Egyptera considers permanent license for FiT projects\" \/>\n<meta property=\"og:description\" content=\"International finance institutions, including the EBRD, IFC, and African Development Bank, agreed to preliminary funding approvals worth USD 400-800 mn for feed-in tariff (FiT) phase two projects, sources tell Al Borsa. 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