Global, Local Banks to Fund FiT with $3b

• Thursday, 8th December 2016
• by Sarah Samir

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, reported Daily News Egypt. Governmental source...

Egypt Finalized FiT Phase II Arbitration

• Thursday, 17th November 2016
• by Sarah Samir

Egypt’s New and Renewable Energy Authority’s (NREA) CEO, Mohamed El Sobky, stated that the Egyptian Cabinet has approved Paris as a seat for international arbitration in phase II of the energy purchasing F...

Egypt Drafted PPA for FiT Phase II

• Wednesday, 2nd November 2016
• by Sarah Samir

Sources with the New and Renewable Energy Authority (NREA) stated that NREA along with the Egyptian Ministry of Finance completed drafting the Power Purchasing Agreement (PPA) for phase II of the energy purchase Feed-...

Egypt Agreed on Funding for FiT’s Phase II

• Monday, 26th September 2016
• by Sarah Samir

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...