Price of solar energy storage in Alexandria Egypt

Will Egypt's solar market grow beyond the forecast period?

The maximum utilization of the natural geography and the high domestic solar potential of Egypt are expected to provide significant growth opportunities for the Egyptian solar market beyond the forecast period. Egypt has connected a large capacity of solar energy to the grid over the past few years.

How many solar PV projects have been completed in Egypt?

Egypt PV has already provided technical and financial assistance for about 150 pilot PV projects in various sectors, such as industrial, educational, commercial, public, tourism, and residential. Of these, 123 solar PV projects with capacities between 5 and 500 kW were completed across Egypt, with many other projects currently underway.

Does Egypt have a solar energy grid?

Egypt has connected a large capacity of solar energy to the grid over the past few years. Most of this capacity comes from large-scale ground-mounted projects, such as the 1.4 GW Benban Solar Park.

What are Egypt's new solar energy incentives?

In March 2022, the Egyptian Electricity Utility & Consumer Protection Regulatory Agency (Egyptera) approved new incentives for net metering and self-consumption solar power systems to support utility-scale solar project developers.