Italian electricity supplier Eni has requested a licence to generate electricity from a 50 MW solar plant in Egypt under an Independent renewable Producers scheme . Talks with the renewable Electricity Transmission Company ( EETC ) have stalled on the value of the energy , however . Eni wanted to sell at up to $ 0.04 per kWh , higher than the EETC would allow . The Egyptian government wants 20 % of the country ’s energy to generate from renewables by 2022 and the Italian firm is also planning a 250 MW solar plant to take its total investment in the country to $ 300 m .
Italian energy company Eni has requested a licence to generate electricity from a 50 MW solar plant in Egypt under an Independent Power Producers scheme. Talks with the Egyptian Electricity Transmission Company (EETC) have stalled on the value of the energy, however. Eni wanted to sell at up to $0.04 per kWh, higher than the EETC would allow. The Egyptian government wants 20% of the country’s energy to come from renewables by 2022 and the Italian firm is also planning a 250 MW solar plant to take its total investment in the country to $300m.