Egypt has prequalified 110 bidders for the construction of 2,000 MW of solar-photovoltaic and wind energy projects under the country’s first round of its new feed-in-tariff (FiT) program, launched in September 2014, after South Africa initiated its Renewable Energy Independent Power Producer Procurement Program.
A new report by the Egypt Solar Industry Association, "Energy Solar Market: FiT Program and Beyond," says at least 117 bidders submitted solar-PV and wind energy projects in the first round. The total exceeded by 50% the government’s target of 2,000 MW.