A number of renewable energy companies have stated that they are willing to reduce the agreed upon feed-in tariff rates if the government compromises on the issue of international arbitration, which appears to have been the end-game the state had sought all along, a solar energy investor tells Al Mal. The insinuations came at a crisis meeting of the 39 solar energy companies in Benban, which included the source. Investors agreed to meet with the government to resolve the issue. The issue has put a damper on the solar park, with executives from Triangle Group announcing they would have to abandon the project altogether if the issue is not resolved. At the very least, the move would severely damage Egypt’s reputation abroad, said Dia Salah, GM of Sterling and Wilson. The government has been insisting that model contracts for the FiT system use domestic arbitration, a measure rejected by global lenders and development finance institutions, as we have recently noted.