Feed-in Tariff (FiT)

  • Egypt Reviewed FiT Offers

    Egypt Reviewed FiT Offers

    Tuesday, 6th December 2016
    The Ministry of Electricity and Renewable Energy reviewed offers from 9 firms seeking to participate in phase I of the energy purchasing Feed-in-Tariff (FiT) program with the German Consulting Office Fichtner.
  • Companies Withdrew from FiT

    Companies Withdrew from FiT

    Tuesday, 22nd November 2016
    A total of 17 companies have withdrawn from the renewable energy Feed-in Tariff (FiT) program from both phase I and phase II.
  • Infinity, Scatec Solar Join FiT Phase II

    Infinity, Scatec Solar Join FiT Phase II

    Thursday, 10th November 2016
    Infinity Solar and Scatec Solar proposed building three renewable energy projects under phase two of the Feed-in Tariff program.
  • FiT Challenged with Devaluation Backlash

    FiT Challenged with Devaluation Backlash

    Monday, 7th November 2016
    Construction companies and solar firms withdrew from new and renewable energy projects due to increased costs as a result of EGP devaluation.
  • Solar Firms Joined FiT Phase I

    Solar Firms Joined FiT Phase I

    Tuesday, 25th October 2016
    Three firms are ready to sign energy purchasing agreements with the Egyptian Electricity Transmission Company (EETC) under Egypt's phase I of the Feed-in-Tariff (FiT) program.
  • Egypt to Reimburse FiT Payments

    Egypt to Reimburse FiT Payments

    Monday, 17th October 2016
    The New and Renewable Energy Authority (NREA) will pay $750,000 to each company that withdrew from phase I of the energy purchasing Feed-in-Tariff (FiT) program.
  • Egypt to Start Phase II of FiT in October

    Egypt to Start Phase II of FiT in October

    Tuesday, 4th October 2016
    The Egyptian Prime Minister, Sherif Ismail, announced that the launch of phase II of the solar power purchasing Feed-in Tariff (FiT) program will on the October 28th, at which date the new tariffs will be implemented.
  • Egypt to Meet with Investors for FiT Projects

    Egypt to Meet with Investors for FiT Projects

    Wednesday, 21st September 2016
    The Egyptian Ministry of Electricity will hold a meeting with international institutions to discuss funding renewable energy projects.