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Cairo reboots energy strategy but FiT questions remain

The Ministry of Electricity and Renewable Energy is launching its 2035 energy strategy amid continuing angst and recrimination over the failure of the first round of the wind and solar feed-in tariff (FiT) programme and doubts over the commercial viability of the tariffs announced for the second round. But while the risks taken by the authorities and private sector developers have not paid off so far, the size and importance of the market means that many investors have not given up hope.

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