Convert .pem into .key
root# openssl rsa -in privkey.pem -out private.key
.pem – Defined in RFCs 1421 through 1424, this is a container format that may include just the public certificate (such as with Apache installs, and CA certificate files /etc/ssl/certs), or may include an entire certificate chain including public key, private key, and root certificates. Confusingly, it may also encode a CSR (e.g. as used here) as the PKCS10 format can be translated into PEM. The name is from Privacy Enhanced Mail (PEM), a failed method for secure email but the container format it used lives on, and is a base64 translation of the x509 ASN.1 keys.
.key – This is a PEM formatted file containing just the private-key of a specific certificate and is merely a conventional name and not a standardized one. In Apache installs, this frequently resides in /etc/ssl/private. The rights on these files are very important, and some programs will refuse to load these certificates if they are set wrong.