We build solar stations that provide up to 100% of the electricity needs to
Total Capacity Installed: 12MW القدرة المركبة : 12 ميجا وات Capacity Under Construction in
Please note that we only install for high consumption clients- A monthly bill of
Watch this video to understand the different Solar Station Types شاهد هذا الفيديو لفهم أنواع
It all started in 2014 when Cairo Solar became the first Egyptian Company to save money for its client by converting solar to electricity.
Since then, Cairo Solar co. succeeded in designing, procuring and installing 75 projects for a total of about 16MWp solar plants. Cairo Solar''s subcontracting partner has installed a total of 200MW in Egypt.
Cairo Solar provides 5 year loans with low interest rates so that Factories, Schools and Hotels pay what they save from electricity as installments without affecting their cash-flow.
Additionally, Cairo solar had co-managed the development plan of a USD100mn 50MWp solar farm in BenBan, Aswan for the SPV called "Cairo Solar Farm" with the lead sponsor ECG and the Foreign Technical Partner; Globeleq. Benban will host 1.8 GWp of Solar PV projects and would be the largest solar park in the world.
Hisham was the minister of Public Enterprise between 2018-2022. He has over 30 years experience in Investment Banking. He served as Board member in Cairo stock Exchange for 7 years and is currently the chairman of Arabeya online for securities Brokerage which ranks 3rd on the Egyptian Stock Exchange EGX. Hisham has acquired a Photovoltaic Systems (PV) certification from Canada.
Samer is currently the Chairman of Cairo Solar. As well as the General Manager of Trade Net, a private owned IT company established 1997. Trade Net offers IT solutions and consultancy services for small and medium companies.
Maher is currently the chairman and CEO of integrated office systems (IOS), a leading company in office automation systems and agent of OCE/Canon and Ricoh. Maher has extensive experience in business operations and after sales support, having dealt with hundreds of institutional clients and multinational organizations.
Hatem has an Honors B.A in Economics and an MBA from McMaster University, Canada. He is the Secretary General of the Renewable Energy Division at the Cairo Chamber of Commerca. He has previously worked as a senior corporate analyst at the Commercial International Bank, Egypt in both the petrochemicals and construction & building materials sectors.
Tamer is owner and board member at Cairo Solar. Tamer has a bachelor degree in Electrical Engineering form GUC and a double Master degree in Solar Energy from Kassel University, Germany and Cairo University, Egypt. His research and development work with Fraunhofer institute, the largest R&D institute in Germany, and his work with the GIZ renewable energy program in Egypt gave him a strong foundation in Solar Energy applications. Tamer currently works at RE Consultant, (EBRD-GEFF) at Stantec.
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Three things are bound to happen if you install solar panels on your roof: you reduce your electricity costs altogether, save more money, and generate renewable energy that can help the climate and the country as a whole.
In the next few years, the demand for energy will rise as the population grows, putting extra pressure on the country''s energy resources and leading to a rise in electricity prices due to the growing demand. Recently, the government announced that prices for electricity fees are expected to increase between 17 to 30 percent starting July 1st.
On top of that, the world will head to dangerous climate changes, as electricity production is known to produce the second largest share of greenhouse gas emissions.
As such, the future and stability of the country’s energy supply will ultimately depend on renewable energy. At the moment and for the past few years, Egypt has been looking to diversify its energy, becoming one of the region’s leading country in renewable energy in the recent 2020 Solar Outlook Report.
Ever since the Renewable Energy Law (Decree Law 203/2014), which helped encourage the private sector to produce electricity from renewable energy sources, a number of initiatives have appeared in the market other than KarmSolar, which was the first private solar integrator in Egypt to obtain a license from the Egyptian Electricity Regulatory Agency.
Egyptian Streets spoke with Hatem Tawfik, managing director of one of Egypt’s success stories, Cairo Solar, on the challenges, opportunities and its experience in navigating through as a solar energy and financing company.
While I was working in the banking sector, I was quite unhappy and felt that I had the entrepreneurial genes that my father had. I went to Canada and did my MBA, and then planned it as we saw that there were plenty of opportunities in the future and that subsidies would eventually be removed. We thought about ways to hedge against the subsidies to benefit from the subsidy removal and at the same time benefit the country.
We started near the end of 2014, knowing that there is a new electricity law coming out (Renewable Energy Law no. 203 of 2014). Since then, we became the first company to help clients connect to the power grid and save a lot of money. We focus on helping our clients to get financing to finance the capital intensive solar system. This way, their cash flow would not get affected and what they save from the electricity would equal how much they pay as an installment to the bank.
We prefer the EPC (engineering, procurement, and construction) system, meaning that we design your system, procure the equipment and construct the site. Essentially, the client owns the solar station and saves 100 percent of their electricity costs.
This is in contrast to the independent power producers system (IPP), where the firm owns the station systems and sells it to the client for a price that is 20 percent lower of the government.
As a board, we have a team with a very strong financial background and financing networks, which we utilize to help clients to pay low interest loans for their solar stations. This is our main advantage.
We also have low interest loans, low grants and the cash flow is not affected. For the first five years of the loan, what the client saves in electricity is what they pay as a loan. After the five years are over, they would have 20 years of free electricity.
One of our main success stories includes our project with Hayah Academy. The school is huge and they operate in the morning and night, though their rooftop provided 30 percent of its electricity.
About Cairo solar panels
As the photovoltaic (PV) industry continues to evolve, advancements in Cairo solar panels have become critical to optimizing the utilization of renewable energy sources. From innovative battery technologies to intelligent energy management systems, these solutions are transforming the way we store and distribute solar-generated electricity.
When you're looking for the latest and most efficient Cairo solar panels for your PV project, our website offers a comprehensive selection of cutting-edge products designed to meet your specific requirements. Whether you're a renewable energy developer, utility company, or commercial enterprise looking to reduce your carbon footprint, we have the solutions to help you harness the full potential of solar energy.
By interacting with our online customer service, you'll gain a deep understanding of the various Cairo solar panels featured in our extensive catalog, such as high-efficiency storage batteries and intelligent energy management systems, and how they work together to provide a stable and reliable power supply for your PV projects.
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