Fit | Egypt Oil & Gas - Part 2
Egypt’s Feed-in-Tariff to Remain Unchanged
The Egyptian Electricity Ministry will not increase the Feed-in-Tariff (FiT) for renewable energy projects in the second phase of the program.
Electricity Ministry to Discuss FiT Phase 2 with Investors
The renewable energy companies in the second phase of the Feed-in tariff (FiT) program are set to discuss with the Electricity Ministry the payment schedule for the companies’ projects, and the exchange rate at which ...
Solar Energy Companies Threaten to Withdraw from FiT
More energy companies could be withdrawing from phase one of the feed in tariff (FiT) program if the Electricity Ministry doesn’t respond to their financial and technical offers soon.
Firms Invest $3b in Phase II of FiT
Thirty one companies are contributing in phase II of the energy purchasing Feed-in Tariff (FiT) program with investments $3b to build solar and wind power plants with capacity 1,845MW. Egypt Reimbursed Firms Withdrawing from FiT
The Egyptian Ministry of Electricity and Mineral Resource reimbursed 10 companies that withdrew from the energy purchasing Feed-in-Tariff (FiT) projects in the city of Benban, Aswan.
NREA to Fast-Track Delayed FiT Projects
The New and Renewable Energy Authority (NREA) plans to finalize a number of energy purchasing Feed-in-Tariff (FiT) projects in the first quarter of 2017.
Global, Local Banks to Fund FiT with $3b
30 international and local banks are interested to get in talks with renewable energy projects in order to finance phase II of the Feed-in-Tariff (FiT) projects with $3b.
Egypt to Keep FiT Solar Rates As-Is
The Egyptian Minister of Electricity and Renewable Energy, Mohamed Shaker, stated that the ministry will not reprice its contracts with the renewable energy companies under the energy purchasing feed-in tariff (FiT) ...
