Low-cost solar water heaters Opportunity Description: Building and installing water heaters for homes and farms, which provides energy savings for the client. |
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  PRODUCT: Solar water heaters Sector: Renewable Energy Market: Small and Medium Farms Initial Investment Required: EGP 150,000 Details Available: Opportunity Study |
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Market Potential: Small and medium size cattle breeders. It can later build more advanced solar thermal heaters and fruit and vegetable dryers. Supply: Solar collectors, heat exchangers, storage tanks, monitoring system Process: Assembly and installation of solar water heaters Human Resources: Technical and Business Development Manager – 1 Operations and Maintenance – 2 Manual Labor for installations – 2 Financial: CAPEX required EGP 10,000 6-month OPEX required EGP 140,000 IRR expected is 50% Payback period around 2.3 years Risk: Risk - System failure due to misuse, lack of maintenance. Mitigation - Requires strong after-sales maintenance IMPACT: Environmental - CO2 emission reduction Social - Sustainable and more reliable energy for better farming |
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