How solar energy is sparking new business in Egypt
Egypt, which currently gets 90% of its energy from fossil fuels, is trying to take advantage of its plentiful sunshine through solar power.
CAIRO — Egypt hopes renewable power will cut its reliance on fossil fuel imports and solve some of its energy and economic problems. The entrepreneurial co-founders of a solar startup company want to help.
The country wants to get 20% of its energy from renewable sources by 2022, according to the Ministry of Electricity and Renewable Energy.
Al-Monitor sat down with the co-founders of SolarizEgypt, a company that designs, installs and commissions photovoltaic solar power systems, to learn about the firm and the industry. Yaseen Abdel-Ghaffar is managing director of the Cairo business, while Rana Alaa is technical director.
Solar energy is evolving into a malleable new technology that accommodates a variety of needs, Abdel-Ghaffar explained.
