Karm Solar Agrees to Domestic Arbitration on FiT Deal

• Thursday, 18th August 2016
• by Sarah Samir

Karm Solar Company announced its endorsement of The Egyptian Ministry of Electricity’s FiT program and agreed to the Power Purchase Agreement terms in regards to domestic arbitration, reported Al Borsa News. The...

Scatec Renegotiates PPA with Egypt

• Wednesday, 17th August 2016
• by Egypt Oil & Gas

A group of developers, including Norway’s Scatec Solar, are renegotiating the terms of their power purchase agreements (PPA) with the Egyptian government in an effort to keep them on the existing timetable, as many de...

Electricity Minister to Address Investors Concerns on FiT Projects

• Monday, 8th August 2016
• by Sarah Samir

Egypt’s Minister of Electricity and Renewable Energy, Mohamed Shaker, will meet with renewable energy investors to discuss the solar energy projects that are planned to be processed in Benban area in Aswan, and ...

Solar Energy Investors In Dispute over Domestic Arbitration

• Sunday, 7th August 2016
• by Sarah Samir

The Egyptian Ministry of Electricity and Renewable Energy faces late disagreements with solar energy co-investors over domestic arbitration regarding renewable projects. Minister of Electricity, Dr. Mohamed Shaker, sa...

Israel, Egypt Expected to Compromise on Gas Deal

• Thursday, 19th May 2016
• by Egypt Oil & Gas

Israel and Egypt are close to a compromise that would sweep away a major obstacle to a multibillion-dollar natural gas deal for export of Israeli offshore gas to Egypt, reported Bloomberg. Negotiations are still under...

Iran Confident it can Win International Gas Arbitration Case from Turkey

• Sunday, 21st June 2015
• by Egypt Oil & Gas

Iran will win again an arbitration case brought by Turkey for reduced gas prices after Ankara’s first attempt was quashed by the International Chamber of Commerce in Switzerland in 2014, an energy official predicted o...