Solarizegypt

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.

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

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

• Solar EPC services
• Power purchase agreements
• Photovoltaic power plants
• Independent power production
• Commercial solar installation

Headquarters

HQ city

Cairo

HQ country

Egypt

HQ region

Africa

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. 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

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core 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

Named customers8 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Misr Cement GroupcoreStrategic or Co-development Partner · 24 June 2026Partnership 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)coreStrategic or Co-development Partner · 23 June 202625-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 GroupcoreStrategic or Co-development Partner · 1 January 2024Amarenco 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 NetworkminorOthersProvides mentorship and guidance through the Endeavor network on a regular basis.

Scale indicators8 records

Recent moves7 records

Expansion highlights6 records

Direct 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

• Facebookfacebook.com/solarizegypt
• LinkedInlinkedin.com/company/5283147

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Solarizegypt