FAQ
Our team is committed to creating value for its investors and stakeholders through developing Best-in-Class Renewable Energy projects. Aided by the experienced technical team and its worldwide experience in various emerging markets.
There are two main benefits to invest in solar energy:
- Financial – Electricity prices in Egypt have risen by over 300% since 2014. With future electricity price increases planned, it’s time for you to save money and increase your profitability.
- Environment – Solar energy is a sustainable and clean way to generate electricity. By investing in solar energy you are improving the environmental credentials of your business.
Although solar photovoltaic panels are most effective with direct sunlight, they still produce energy with indirect sunlight. Luckily, we live in Cairo where we experience a great deal of sunshine. However, on those cloudy days your solar energy system will still produce electricity.
In general, solar panels are extremely durable. Manufacturers test their panels to confirm that they can withstand extreme conditions such as those we come across in Egypt.
Additionally, solar energy systems don’t have moving parts, so the components don’t break from within and can only be damages from external forces.
Your panels come with a 25 year performance warranty. This guarantees that after 25 years the performance will still be a minimum of 83% of it’s output from day 1.
Yes! When you sign up for solar, you are enrolled in Net Metering with the grid. That means during the day your solar energy system is producing power; anything not used will be sent to the grid and stored as credits. Then, during the night or when you need to use your power, you can pull back that energy you sent to the grid.
Studies have shown that properties with solar energy systems sell for more than properties without them. However, your property value will only increase if you own, rather than lease, your solar panel system.
At the end of the day, purchasing a building with a free supply of electricity has a significant value.
Maintenance is easy and hassle free. As your solar panels have no moving parts, there is nothing that would need to be oiled, checked or maintained.
That being said, due to the high level of sand in the Egyptian air, the panels need to be washed down every week with water or compressed air. It’s very simple and we always show your team how to clean your panels most effectively.
This will vary depending on your roof type and design. However, as a general rule:
For every 500m2 of available space, we can install 50kWp worth of solar.
A 50kWp system in Egypt (subject to location) will produce approximatley 80,000-110,000kWh of electricity per year.