Government procurement price of rooftop solar storage in Egypt

Private-sector projects developed under build-own-operate (BOO) contracts will be priced at $0.023 per kilowatt-hour, while projects where the government owns the solar plants but investors provide the storage capacity will have a lower rate of $0.014 per kilowatt-hour.
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4 FAQs about [Government procurement price of rooftop solar storage in Egypt]

How much money is invested in solar energy?

The total corporate funding in the global solar sector saw an 11% increase year-on-year at $109.4 billion in the first half of 2019. More than $2.6 trillion has been invested in renewable energy over the past decade.

How many new solar power plants are being built in EETC?

Currently, the construction of four additional new solar power plants with a capacity of 200 MW is engaged on site. Kom Ombo PV Solar Project, In October 2019, the EETC signed a solar PPA with a developer for a 200 MW plant at a price of $0.0275 per kWh that is expected to be completed in Q1 2021.

How does egyptera regulate solar self-consumption plants?

EgyptERA issued Circular No. 3 for 2023 to regulate the licensing procedures and requirements for solar self-consumption plants (“ Regulations ”). The solar self-consumption system allows the use of the PV electricity generated on-site to meet the energy needs of the consumer but does not exchange the generated electricity with the grid.

Are rooftop photovoltaic panels becoming more popular?

There has been a strong surge in domestic installation of rooftop photovoltaic panels in larger cities. For projects under 1 MW, net metering regulations came into efect in September 2015. The government is targeting at least 1 million customers and adding approximately 3,000 MW of solar power through net metering.

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