Directory/Egypt/KarmSolar

KarmSolar

free
Cairo, Cairo, Egypt
0.0(0 reviews)
Est. 2011
Serves 150km radius

About

Largest provider of renewable energy to Egypt's private sector. Offers comprehensive solar power solutions, e-mobility services, and renewable energy systems across Egypt.

Solar Market in Egypt

Electricity Rate
E£1.45
per kWh
Solar Buyback Rate
E£0.65
per kWh
Peak Sun Hours
5.6h
daily average
Panel Cost
E£9,500
per kW installed
Est. Annual Savings
E£17,783
6kW system

Available Solar Incentives in Egypt

feed in tariff

Egypt Feed-in Tariff for Distributed Solar

E£0.848

EgyptERA feed-in tariff for distributed PV ranging from approx. EGP 0.848/kWh for residential systems. Guaranteed purchase price for renewable energy under the FIT programme.

net metering

Egypt Net Metering Program

100%

Egypt net metering allows solar projects up to 10 MW under the self-consumption system. Projects up to 10 MW exempt from merger fees. Total program cap of 1,000 MW nationwide.

tax credit

Egypt Customs Duty Reduction for RE

2%

Reduced customs duty of 2% on imported renewable energy equipment (compared to standard 5-30% duties), plus VAT exemptions on RE machinery and equipment.