Solarizegypt
SolarizEgypt is a Cairo-based Independent Power Producer founded in 2013 that finances, owns, and operates on-grid photovoltaic solar power plants across Egypt under long-term Power Purchase Agreements, selling electricity to enterprise offtakers in cement, beverage, tourism, and water treatment at rates below the national grid.
- Company typePrivate
- Founded2013
- HeadquartersCairo, Egypt
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Solarizegypt does
SolarizEgypt is a Cairo-based Independent Power Producer (IPP) founded in 2013 that finances, designs, installs, commissions, owns, and operates photovoltaic (PV) solar power plants on commercial, industrial, agricultural, and tourism sites in Egypt. The company pioneered the on-grid Power Purchase Agreement (PPA) model in Egypt, deploying its first net-metered on-grid PPA with Coca-Cola's Sadat City plant in 2018. Today it operates 22 MWp of commissioned capacity across six named enterprise sites, generating 42,365 MWh per year and offsetting 16,690 tCO2 annually.
Its core product is a 'Zero Capex' IPP solar solution under which SolarizEgypt retains ownership of the asset and sells generated electricity to offtakers at roughly 15% below national grid rates, with a 30-year production guarantee and financial reimbursement if promised output is not delivered. Technology offerings include grid-tied PV plants, PV-Diesel Hybrid systems, Battery Energy Storage Systems (BESS) for off-grid simulations, and custom solar pumping and water reservoir solutions for agriculture. The company is vertically backed by tier-1 suppliers Suntech (panels) and ABB (inverters), and is supported by EBRD and Fraunhofer Institute.
SolarizEgypt generates recurring revenue by selling electricity to enterprise offtakers (cement plants, bottling facilities, touristic cities, water treatment plants) via long-dated 25-year PPAs. Customer acquisition runs primarily through direct enterprise sales and referrals. In 2024, Amarenco Group acquired 74% of the company's portfolio and formed a joint venture — 'SolarizEgypt | Amarenco & Co.' — to co-develop 300 MW of solar assets at an estimated budget of 4 billion EGP (~$255M USD) over four years. The company also operates an EPC subsidiary (The Solar Company) for clients that prefer to own assets directly, and an affiliate (Desal Egypt) for desalination-adjacent opportunities.
Solarizegypt firmographics
Firmographics- Name
- Solarizegypt
- Legal name
- Solariz Egypt
- Website
- https://solarizegypt.com
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- SolarizEgypt is a Cairo-based Independent Power Producer founded in 2013 that finances, owns, and operates on-grid photovoltaic solar power plants across Egypt under long-term Power Purchase Agreements, selling electricity to enterprise offtakers in cement, beverage, tourism, and water treatment at rates below the national grid.
- Ownership category
- akta.pro rank
Solarizegypt industry classification
Industry- Product category
- Solar Energy Services (Independent Power Producer)
- NAICS
- Solar Electric Power Generation (221114), Electric Power Generation (22111)
- SIC
- Electric Services (4911), Finance Lessors (6172)
- akta.pro primary industry
- Solar Project Development & IPP (Utility-Scale & Rooftop) (EUAMABAA)
- akta.pro secondary industries
- Solar Financing, Leasing & Ownership Platforms (Tax Equity, PPA, Securitization) (EUAMABAJ), Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB), Distributed Generation (DG) Solar & Small Wind (EUAMAJAD)
Keywords
Where Solarizegypt is headquartered
LocationHeadquarters
- HQ city
- Cairo
- HQ country
- Egypt
- HQ region
- Africa
Offices1 record
Markets served
Solarizegypt business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales
Revenue model
- Electricity Sales via PPA: SolarizEgypt finances, constructs, owns, operates, and maintains solar power plants. They sell electricity generated from solar plants to clients at rates cheaper than the national grid, generating recurring revenue over the PPA contract term (typically 25 years).
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Pay-as-you-go | IPP model with zero upfront costs and 15% cheaper electricity than grid rates |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels3 records
Solarizegypt product offering
Product offeringCore offering
SolarizEgypt is an Independent Power Producer (IPP) that finances, designs, installs, commissions, owns, and operates photovoltaic (PV) solar power plants and sells the electricity generated to commercial, industrial, agricultural, and tourism offtakers via long-term Power Purchase Agreements (PPAs). Customers pay zero upfront capital and receive electricity at approximately 15% below national grid rates, supported by a 30-year production guarantee. Complementary offerings include PV-Diesel Hybrid systems, Battery Energy Storage Systems, and solar pumping for off-grid and agricultural use, plus an EPC subsidiary (The Solar Company) for clients who prefer to own the asset.
Product overview
SolarizEgypt is an Independent Power Producer (IPP) that operates as Egypt's first company to apply on-grid PPA model. The company offers a unified solar energy solution consisting of the Zero Capex Model (IPP service) where they finance, design, install and operate solar power plants, selling electricity to customers via long-term PPAs at discounted rates. The portfolio includes completed projects such as Coca-Cola plants in Tanta (0.8 MWp), Alexandria (0.9 MWp), Assiut (2 MWp), and Sadat City (1 MWp), El Montazah water desalination plant (2.7 MWp), and El Gouna touristic city (7.1 MWp). Recent partnerships include a 40 MWp project for Misr Cement Group and an 11.45 MWp project for Titan Egypt/Beni Suef Cement. The company also operates an EPC subsidiary (The Solar Company) and has an affiliate (Desal Egypt) for integrated solutions.
Differentiator
Problem solved
Functional benefit
Products and services
- IPP Solar Power Plants (Zero Capex PPA Service) Long-term solar electricity supply under a Power Purchase Agreement: SolarizEgypt finances, designs, installs, owns, operates, and maintains a PV solar power plant on the customer's site and sells the electricity at approximately 15% below national grid rates under a typical 25-year PPA with a 30-year production guarantee. Target customers are large commercial and industrial offtakers (cement plants, beverage bottling, manufacturing, tourism operators, agriculture, water treatment, and remote/off-grid sites).
- Off-Grid PV + Genset + BESS Solutions Hybrid off-grid electricity systems combining PV solar, gensets, and battery energy storage, optimized through simulation to deliver the lowest-cost, most reliable electricity to remote industrial and infrastructure sites that lack grid access (e.g., water desalination plants such as El Montazah, 2.7 MWp).
- Agricultural Solar Solutions (PV-Diesel Hybrid, PV + Water Reservoir Storage, Solar Pumping) Crop-specific solar solutions for agricultural operations, ranging from PV-Diesel Hybrid systems and PV with mechanical storage via water reservoirs to simple solar pumping, designed to displace diesel, lower irrigation costs, and match the water and energy profile of the specific crop.
- The Solar Company (EPC Model) Subsidiary offering engineering, procurement, and construction (EPC) of PV solar power plants for customers who prefer to own the asset outright instead of contracting for electricity through a PPA.
- Desal Egypt (Desalination Solutions) Affiliate brand providing desalination solutions, offered alongside SolarizEgypt's solar offerings to deliver integrated water-and-power packages (e.g., solar-powered water treatment / desalination plants such as El Montazah).
Quantifiable outcome
- 42,365 MWh yearly electricity production
- +4 more outcomes
Companies that use Solarizegypt
Customer profileNamed customers8 records
Segments4 records
Ideal customer profiles4 records
Solarizegypt technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Solarizegypt partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- Misr Cement GroupcorePartnership to develop 40 MWp solar plants at Minya and Qena factories under IPP model with total investment of approximately 1.5 billion EGP. Each plant expected to generate 48 million kWh annually.
- Titan Egypt (Beni Suef Cement Company)core25-year Power Purchase Agreement to develop 11.45 MW solar power plant for Beni Suef Cement. SolarizEgypt finances, constructs, operates, and maintains the facility.
- Amarenco GroupcoreAmarenco acquired 74% of SolarizEgypt's portfolio and co-developed 300MW of assets with estimated budget of 4 billion EGP (255M USD) over 4 years. Joint venture 'SolarizEgypt | Amarenco & Co.' formed to consolidate position in Egyptian renewable energy market. Amarenco has invested over 500 million euros globally in solar development.
- Endeavor NetworkminorProvides mentorship and guidance through the Endeavor network on a regular basis.
Scale indicators8 records
Recent moves7 records
Expansion highlights6 records
Solarizegypt competitors and assessment
Company assessmentDirect peers
- Infinity Energy: Egypt-based solar developer and IPP focused on commercial and industrial customers under PPAs; most direct domestic competitor for C&I rooftop and ground-mounted projects.
- AMEA Power: UAE-headquartered IPP with substantial solar/wind/storage buildout across Egypt and the broader MENA region; competes directly for large C&I and utility-scale PPAs in the same Egyptian market.
- KarmSolar: Egyptian solar IPP offering zero-capex PPA models to industrial and agricultural customers; near-identical business model and customer base, including hybrid PV-Diesel solutions.
- Hassan Allam Utilities: Egyptian utility arm of Hassan Allam Group developing renewable IPPs (solar, wind, BESS) for industrial offtakers and grid supply; competes head-to-head for C&I solar mandates.
Regional players
- Enviromena: UAE-based solar IPP developer/operator with C&I and utility-scale projects across the Middle East and North Africa; comparable IPP model and emerging-market execution profile.
- Alcazar Energy: MENA-focused renewable IPP (solar, wind, storage) developing utility-scale projects in Egypt, Jordan and surrounding markets; comparable developer/owner/operator with project-finance capability.
- Desert Technologies: Jordan-based solar IPP and EPC serving C&I customers across the Levant and North Africa; comparable emerging-market C&I solar developer/operator.
Broad incumbents
- Voltalia: France-listed renewable IPP with solar, wind, hydro and storage assets across Europe, Latin America and Africa; comparable vertically integrated IPP with long-date PPA revenue model.
- Scatec: Norwegian-listed renewable IPP with multi-gigawatt C&I and utility-scale solar across Africa and MENA, including Egypt. Closest international comparable as a vertically integrated solar developer/owner/operator with long-dated PPAs.
- ib vogt: German-headquartered solar developer with global IPP platform (development, EPC and asset ownership) active in MENA and Africa; comparable full-lifecycle solar IPP business.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Solarizegypt social profiles
Digital presenceSolarizegypt financial estimates
Financial estimateRevenue estimate
Valuation estimate
Solarizegypt leadership team
Management profileNumber of profiles
Profiles9 records
Solarizegypt funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Solarizegypt M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Solarizegypt
What does Solarizegypt do?
SolarizEgypt is an Independent Power Producer (IPP) that finances, designs, installs, commissions, owns, and operates photovoltaic (PV) solar power plants and sells the electricity generated to commercial, industrial, agricultural, and tourism offtakers via long-term Power Purchase Agreements (PPAs). Customers pay zero upfront capital and receive electricity at approximately 15% below national grid rates, supported by a 30-year production guarantee. Complementary offerings include PV-Diesel Hybrid systems, Battery Energy Storage Systems, and solar pumping for off-grid and agricultural use, plus an EPC subsidiary (The Solar Company) for clients who prefer to own the asset.
Is Solarizegypt a public or private company?
Solarizegypt is a private company. It is classified as venture growth investor backed and is currently operating.
When was Solarizegypt founded?
Solarizegypt was founded in 2013. It employs 11 to 50 people.
Where is Solarizegypt based?
Solarizegypt is headquartered in Cairo, Egypt, in the Africa region.
How does Solarizegypt make money?
One revenue line is on record: electricity Sales via PPA.
Who are Solarizegypt's main competitors?
Direct peers on record are Infinity Energy, AMEA Power, KarmSolar and Hassan Allam Utilities. Regional players are Enviromena, Alcazar Energy and Desert Technologies. Broad incumbents are Voltalia, Scatec and ib vogt.
Does Solarizegypt have an API?
No public API is recorded for Solarizegypt.
What industry is Solarizegypt in?
Solarizegypt's product category is Solar Energy Services (Independent Power Producer). Its primary akta.pro industry code is EUAMABAA, Solar Project Development & IPP (Utility-Scale & Rooftop), with a secondary code of EUAMABAJ, Solar Financing, Leasing & Ownership Platforms (Tax Equity, PPA, Securitization). Its NAICS code is 221114 and its SIC code is 4911.