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 (PPA) under the terms of phase I of the country’s Feed-in Tariff (FiT) program. Accordingly, the ministry has invited 8 companies...
Egypt Paid EGP 300,000 for Rooftop Solar Power
The Egyptian power firm North Cairo Electricity Distribution Company will issue cheques amounting to EGP 300,000 for 15 entities participating in the government’s initiative to buy solar power from small plants ...
Egypt’s State Council Authorized Phase I of FiT
The Egyptian State Council authorized phase I of power purchasing agreements under the country’s Feed-in-Tariff (FiT) program, According, the government is ready to proceed in drafting contracts with companies ...
Egypt to Generate 15MW of Solar Power from Rooftops
Sources with the Egyptian Ministry of Electricity stated that power distribution companies have received about 200 requests for small solar projects implemented on building roof tops, with a total production capacity ...
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, reported Al Bor...
IFC Continues Investments in Egypt’s Renewable Energy
International Finance Corporation’s (IFC) Director for the Middle East and North Africa Region, Mouayed Makhlouf, confirmed IFC’s commitment to Egypt’s energy sector and supporting the government’s agenda ... Egypt Urged Investors to Decide on FiT Phase II
Egyptian Electricity Holding Company 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 proje... 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, reported A...
