{"id":650324,"date":"2017-03-21T03:59:30","date_gmt":"2017-03-21T03:59:30","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/21\/solar-power-companies-still-lobbying-for-fit-increase-consider-exiting-projects\/"},"modified":"2017-03-21T03:59:30","modified_gmt":"2017-03-21T03:59:30","slug":"solar-power-companies-still-lobbying-for-fit-increase-consider-exiting-projects","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/21\/solar-power-companies-still-lobbying-for-fit-increase-consider-exiting-projects\/","title":{"rendered":"Solar power companies still lobbying for FiT increase, consider exiting projects"},"content":{"rendered":"<p>Seven companies signed on to the second phase of the feed-in tariff (FiT) program are reportedly considering backing out due to the rising costs, <a href=\"http:\/\/www.alborsanews.com\/2017\/03\/20\/997311\">sources tell Al Borsa<\/a>. The move appears to be the latest attempt by solar power companies to push for an <a href=\"https:\/\/enterprise.press\/stories\/2016\/12\/04\/government-freezes-negotiations-over-five-energy-projects-signed-at-eedc\/\">increase in the tariff<\/a>, and the first since the electricity ministry raised the companies\u2019 tab under the <a href=\"https:\/\/enterprise.press\/stories\/2017\/03\/08\/fas-energy-infinite-elf-are-the-companies-that-qualified-for-fit-phase-one\/\">new cost-sharing agreement<\/a>. The companies, which were unnamed, are in talks with the Electricity Transmission Company to negotiate the possibility of raising the FiT and getting some tax breaks and incentives to offset the impact of added cost, the sources added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Seven companies signed on to the second phase of the feed-in tariff (FiT) program are reportedly considering backing out due to the rising costs, sources tell Al Borsa. The move appears to be the latest attempt by solar power companies to push for an increase in the tariff, and the first since the electricity ministry [&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-650324","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"9c2997c7-4a07-4e4a-b52d-c1553cb4c9f2","order":"0","is_powered_by":true,"section_story_id":"37dce56b-71eb-4f46-8acd-370d100a5f0d","story_type":"1","photo_url":"","photo_position":"above","related_issue":[650296],"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>Solar power companies still lobbying for FiT increase, consider exiting 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\/03\/21\/solar-power-companies-still-lobbying-for-fit-increase-consider-exiting-projects\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Solar power companies still lobbying for FiT increase, consider exiting projects\" \/>\n<meta property=\"og:description\" content=\"Seven companies signed on to the second phase of the feed-in tariff (FiT) program are reportedly considering backing out due to the rising costs, sources tell Al Borsa. The move appears to be the latest attempt by solar power companies to push for an increase in the tariff, and the first since the electricity ministry [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/21\/solar-power-companies-still-lobbying-for-fit-increase-consider-exiting-projects\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-03-21T03:59:30+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\/03\/21\/solar-power-companies-still-lobbying-for-fit-increase-consider-exiting-projects\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/21\/solar-power-companies-still-lobbying-for-fit-increase-consider-exiting-projects\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Solar power companies still lobbying for FiT increase, consider exiting projects\",\"datePublished\":\"2017-03-21T03:59:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/21\/solar-power-companies-still-lobbying-for-fit-increase-consider-exiting-projects\/\"},\"wordCount\":113,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"energy\",\"EnterpriseAM\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/21\/solar-power-companies-still-lobbying-for-fit-increase-consider-exiting-projects\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/21\/solar-power-companies-still-lobbying-for-fit-increase-consider-exiting-projects\/\",\"name\":\"Solar power companies still lobbying for FiT increase, consider exiting projects - 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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":651569,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/15\/feed-in-tariff-phase-two-companies-to-discuss-payment-schedule-raising-fit-with-electricity-ministry\/","url_meta":{"origin":650324,"position":2},"title":"Feed-in tariff phase two companies to discuss payment schedule, raising FiT with Electricity Ministry","author":"enterpriseam admin","date":"15 February 2017","format":false,"excerpt":"Renewable energy companies in the second phase of the feed-in tariff program are set to discuss the payment schedule for the companies\u2019 projects, and the exchange rate at which the companies will be paid, at a meeting with the Electricity Ministry next week, sources from the ministry tell Al Borsa.\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":599903,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/14\/egypt-vets-six-offers-from-companies-to-develop-kom-ombo-solar-plant\/","url_meta":{"origin":650324,"position":3},"title":"Egypt vets six offers from companies to develop Kom Ombo solar plant","author":"enterpriseam admin","date":"14 January 2019","format":false,"excerpt":"The Egyptian Electricity Transmission Company (EETC) is vetting six offers from energy companies to develop a 200 MW solar power plant in Kom Ombo in Upper Egypt, company sources said yesterday. 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