Fit | Egypt Oil & Gas - Part 4
Egypt to Sign FiT Phase I PPAs
The Egyptian Ministry of Electricity is ready to sign power purchasing agreements under the terms of phase one of the feed-in tariff (FiT) program
Egypt Paid EGP 300,000 for Rooftop Solar Power
North Cairo Electricity Distribution Company will issue cheques amounting to EGP 300,000 for 15 entities contributing in the government's initiative to buy solar power from small plants atop buildings.
Egypt’s State Council Authorized Phase I of FiT
The Egyptian Council of State authorizes phase 1 of the energy purchasing FiT program to proceed.
Egypt to Generate 15MW of Solar Power from Rooftops
Egyptian power distribution companies have received about 200 requests for small solar projects implemented on building roof tops, with a total production capacity estimated at 15MW.
Egypt Agreed on Funding for FiT’s Phase II
Banks and international financial institutions have agreed to fund projects in phase II of Egypt's Feed-in-Tariff (FiT) program after meeting the Egyptian Minister of Electricity, Mohamed Shaker.
IFC Continues Investments in Egypt’s Renewable Energy
The International Finance Corporation confirmed it's commitment to Egypt’s energy sector and supporting the government’s agenda of promoting private, sector-led, renewable energy projects. Egypt Urged Investors to Decide on FiT Phase II
Egyptian Electricity Holding Co sent a notice of deadline for October 8 in order for investors to decide whether to sign phase II of the Feed-in Tariff (FiT) program for the country's renewable energy projects. Egypt to Develop Solar Plant in Sahl Hasheesh
Egypt's Karm Solar Company is about to finalize the financial closure for a EGP 17m solar power plant with a production capacity of 2 MW, located in Sahl Hasheesh approximately 18km south of Hurghada.
