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Solar energy in Egypt: Significant business opportunities

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  • Patlitzianas, Konstantinos D.

Abstract

Until now, there are some specific constraints that hinder development of solar energy in Egypt. However, Egypt has an adequate sunshine, an extended territory free of inhabitants and the “political will” of its government to reach a share of 20% from RES in the national energy balance by 2020. As a result, the business opportunities for solar energy development in Egypt are really significant. The scope of the paper is to provide insight to the possible investment opportunities of solar energy in Egyptian market, based on a current and wide analysis. Indeed, Egypt is an interesting example to show the practical possibilities of the development of Solar Energy in Southern Mediterranean countries. Based on the excellent collaboration between the European Commission and the Egyptian authorities, the current sector is of high interest for developing European entrepreneurship in Egypt. An appropriate approach was developed for the overview as well as analysis of the business opportunities in Egyptian solar energy market, under the umbrella of a Hellenic Aid programme (2009–2010).

Suggested Citation

  • Patlitzianas, Konstantinos D., 2011. "Solar energy in Egypt: Significant business opportunities," Renewable Energy, Elsevier, vol. 36(9), pages 2305-2311.
    • Handle: RePEc:eee:renene:v:36:y:2011:i:9:p:2305-2311
    DOI: 10.1016/j.renene.2011.03.006
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    Cited by:

    1. Castillo-Calzadilla, T. & Cuesta, M.A. & Olivares-Rodriguez, C. & Macarulla, A.M. & Legarda, J. & Borges, C.E., 2022. "Is it feasible a massive deployment of low voltage direct current microgrids renewable-based? A technical and social sight," Renewable and Sustainable Energy Reviews, Elsevier, vol. 161(C).
    2. Mohammad Akrami & Samuel J. Gilbert & Mahdieh Dibaj & Akbar A. Javadi & Raziyeh Farmani & Alaa H. Salah & Hassan E. S. Fath & Abdelazim Negm, 2020. "Decarbonisation Using Hybrid Energy Solution: Case Study of Zagazig, Egypt," Energies, MDPI, vol. 13(18), pages 1-16, September.
    3. Hamdy M. Sultan & Ahmed A. Zaki Diab & Oleg N. Kuznetsov & Ziad M. Ali & Omer Abdalla, 2019. "Evaluation of the Impact of High Penetration Levels of PV Power Plants on the Capacity, Frequency and Voltage Stability of Egypt’s Unified Grid," Energies, MDPI, vol. 12(3), pages 1-22, February.
    4. Adenle, Ademola A., 2020. "Assessment of solar energy technologies in Africa-opportunities and challenges in meeting the 2030 agenda and sustainable development goals," Energy Policy, Elsevier, vol. 137(C).
    5. Arash Farnoosh & Frederic Lantz, 2015. "Decarbonisation of electricity generation in an oil & gas producing country : "A sensitivity analysis over the power sector in Egypt"," Working Papers hal-02475491, HAL.
    6. Aliyu, Abubakar Kabir & Modu, Babangida & Tan, Chee Wei, 2018. "A review of renewable energy development in Africa: A focus in South Africa, Egypt and Nigeria," Renewable and Sustainable Energy Reviews, Elsevier, vol. 81(P2), pages 2502-2518.
    7. Mehran Dehghan & Carlos F. Pfeiffer & Elyas Rakhshani & Reza Bakhshi-Jafarabadi, 2021. "A Review on Techno-Economic Assessment of Solar Water Heating Systems in the Middle East," Energies, MDPI, vol. 14(16), pages 1-28, August.
    8. Sıdıka Ece Yılmaz & Hasan Yildizhan & Cihan Yıldırım & Chuang-Yao Zhao & João Gomes & Tarik Alkharusi, 2023. "The Drivers and Barriers of the Solar Water Heating Entrepreneurial System: A Cost–Benefit Analysis," Sustainability, MDPI, vol. 15(20), pages 1-20, October.

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