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
1.45
per kWh
Solar Buyback Rate
0.65
per kWh
Peak Sun Hours
5.6h
daily average
Panel Cost
9,500
per kW installed
Est. Annual Savings
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.