{"id":649352,"date":"2017-04-30T04:04:32","date_gmt":"2017-04-30T04:04:32","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/30\/23-solar-companies-present-initial-funding-approval-letters-for-fit-projects\/"},"modified":"2017-04-30T04:04:32","modified_gmt":"2017-04-30T04:04:32","slug":"23-solar-companies-present-initial-funding-approval-letters-for-fit-projects","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/30\/23-solar-companies-present-initial-funding-approval-letters-for-fit-projects\/","title":{"rendered":"23 solar companies present initial funding approval letters for FiT projects"},"content":{"rendered":"<p>23 solar power companies, including Scatec Solar, Orascom Construction, Al Fanar, and Acwa Power have presented initial approval letters from international finance institutions to fund their projects in the second phase of the feed-in tariff program, <a href=\"http:\/\/www.alborsanews.com\/2017\/04\/29\/1016284\">Al Borsa reports<\/a>. Separately, the Egyptian Electric Utility and Consumer Protection Agency\u2019s (Egyptera) board of directors is set to discuss granting renewable energy companies five-year energy production licenses during its Tuesday meeting, <a href=\"http:\/\/www.alborsanews.com\/2017\/04\/29\/1016194\">Al Borsa says<\/a>. Egyptera\u2019s board will also discuss granting Infinity Solar a 25-year license for its 50 MW plant in Benban, Aswan, <a href=\"http:\/\/www.alborsanews.com\/2017\/04\/29\/1016208\">according to the newspaper<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>23 solar power companies, including Scatec Solar, Orascom Construction, Al Fanar, and Acwa Power have presented initial approval letters from international finance institutions to fund their projects in the second phase of the feed-in tariff program, Al Borsa reports. Separately, the Egyptian Electric Utility and Consumer Protection Agency\u2019s (Egyptera) board of directors is set to [&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":[7207],"tags":[93,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-649352","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"178165dd-49a0-4c43-ad10-8dce0bd71c30","order":"0","is_powered_by":true,"section_story_id":"067b04a4-8e2a-49c8-9536-71bcd818102b","story_type":"1","photo_url":"","photo_position":"above","related_issue":[649320],"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>23 solar companies present initial funding approval letters 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\/30\/23-solar-companies-present-initial-funding-approval-letters-for-fit-projects\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"23 solar companies present initial funding approval letters for FiT projects\" \/>\n<meta property=\"og:description\" content=\"23 solar power companies, including Scatec Solar, Orascom Construction, Al Fanar, and Acwa Power have presented initial approval letters from international finance institutions to fund their projects in the second phase of the feed-in tariff program, Al Borsa reports. Separately, the Egyptian Electric Utility and Consumer Protection Agency\u2019s (Egyptera) board of directors is set to [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/30\/23-solar-companies-present-initial-funding-approval-letters-for-fit-projects\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-04-30T04:04:32+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\/30\/23-solar-companies-present-initial-funding-approval-letters-for-fit-projects\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/30\/23-solar-companies-present-initial-funding-approval-letters-for-fit-projects\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"23 solar companies present initial funding approval letters for FiT projects\",\"datePublished\":\"2017-04-30T04:04:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/30\/23-solar-companies-present-initial-funding-approval-letters-for-fit-projects\/\"},\"wordCount\":104,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"energy\",\"EnterpriseAM\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/30\/23-solar-companies-present-initial-funding-approval-letters-for-fit-projects\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/30\/23-solar-companies-present-initial-funding-approval-letters-for-fit-projects\/\",\"name\":\"23 solar companies present initial funding approval letters for FiT projects - 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The Arab Fund for Economic and Social Development will also provide USD 85 mn for a 50 MW solar\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":[]},{"id":647273,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/07\/egyptera-grants-infinity-25-year-energy-production-license\/","url_meta":{"origin":649352,"position":1},"title":"Egyptera grants Infinity 25-year energy production license","author":"enterpriseam admin","date":"7 May 2017","format":false,"excerpt":"The Egyptian Electric Utility and Consumer Protection Agency\u2019s (Egyptera) board of directors approved granting Infinity Solar a 25-year energy production license, Al Borsa reports. The board also approved granting five unnamed solar power companies temporary one-year licenses for energy production under the feed-in tariff program. The companies will be granted\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":[]},{"id":651872,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/22\/eetc-asks-solar-power-companies-to-cover-increases-in-infrastructure-development-costs-for-renewable-energy-projects-ready-to-sign-power-purchasing-agreements\/","url_meta":{"origin":649352,"position":2},"title":"EETC asks solar power companies to cover increases in infrastructure development costs for renewable energy projects, ready to sign power purchasing agreements","author":"enterpriseam admin","date":"22 February 2017","format":false,"excerpt":"The Egyptian Electricity Transmission Company (EETC) is ready to sign power purchase agreements with renewable energy companies under the feed-in tariff program as soon as they reach financial close, Al Borsa says. The Finance Ministry approved investors\u2019 letters of guarantee on Tuesday, one day after the EETC informed them during\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":[]},{"id":634103,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/04\/finance-ministry-to-issue-letters-of-guarantee-for-30-solar-power-companies-under-fit-phase-2\/","url_meta":{"origin":649352,"position":3},"title":"Finance Ministry to issue letters of guarantee for 30 solar power companies under FiT phase 2","author":"enterpriseam admin","date":"4 January 2018","format":false,"excerpt":"The Finance Ministry is planning to issue letters of guarantee next week for 30 solar power companies and consortia under the second phase of the feed-in tariff (FiT) program, government sources tell Al Borsa. The Egyptian Electricity Transmission Company had accepted the financial models for their planned power plants in\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":[]},{"id":634603,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/18\/finance-ministry-issues-letters-of-guarantee-for-15-solar-power-projects\/","url_meta":{"origin":649352,"position":4},"title":"Finance Ministry issues letters of guarantee for 15 solar power projects","author":"enterpriseam admin","date":"18 January 2018","format":false,"excerpt":"The Finance Ministry has issued letters of guarantee for 15 of 30 solar power companies for their projects under Phase 2 of the feed-in tariff (FiT) program, unidentified government sources tell Al Borsa. The ministry will issue the remaining 15 letters before the end of next week. The Egyptian Electricity\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":[]},{"id":632079,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/01\/finance-ministry-issues-letters-of-guarantee-to-30-solar-power-companies-under-fit-phase-two\/","url_meta":{"origin":649352,"position":5},"title":"Finance Ministry issues letters of guarantee to 30 solar power companies under FiT phase two","author":"enterpriseam admin","date":"1 February 2018","format":false,"excerpt":"The Finance Ministry issued financial guarantees to 30 solar power companies implementing projects under phase two of the feed in-tariff (FiT) program, government sources told Al Borsa. The projects are being funded by the European Bank for Reconstruction and Development and International Finance Corporation, they said. Companies are now waiting\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\/649352","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=649352"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/649352\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/649320"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=649352"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=649352"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=649352"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=649352"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=649352"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}