SUSTAINABLE ENERGY
Solar-powered cold storage units for farmers and retailers
Market
Final Products | Solar-powered cold storage units |
Required Inputs | Solar components and cold storage units |
Competing Products |
Low competition |
Potential for Export | Medium |
Process
Complexity – Type of Process | Medium – integration and installation process |
Technology | Design, wiring, and installation |
Equipment and Material | Electrical tools, PV panels, refrigeration units, and electric inverters |
Human Resources | Manual labor, technicians, and electrical engineers |
Business Linkage
Forward Linkage | Farmers and retailers |
Local/Regional/Nationwide | Local market- nationwide |
Backward Linkage | Electric equipment suppliers |
Supporting Entities | System component suppliers, testing facilities, marketing and services companies |
Competitive Edge |
Provides solar energy operated pump (energy security) and reduces diesel costs, especially for off-grid farms |
Economic Features
Revenue Stream | Sales and maintenance of units |
CAPEX | 50M EGP Note: This CAPEX represents the indicative investment size, however, this investment opportunity can grow in implementation to a larger-sized investment. |
Investment Size | Large (between 50-500M EGP) |
Considerations
Key Challenge | Convincing clients with a relatively new product and speed of procurement, the high initial cost of the system for end-user, lack of end-user financing, marketing, and sales services, access to high-quality suppliers, meeting product specification and standardization |
Advantages | Low operating cost systems compared with electrical cold storage units |
Potential Pathways to Growth | Full/integrated solutions for cold storage systems for different crops, locally manufacturing specific components to customize the system to local needs with competitive pricing |
General Impact
Environmental | Reduces GHG emissions |
Social | Sustainable and more reliable energy for better farming |
Impact on Sub-market(s), Cluster(s) and Value Chain(s)
Relevant sub-market | Renewable energy solutions |
Lies within the following value chain/cluster(s) |
Solar |
Serving the following value chain/cluster(s) | fruits and vegetables, food processing, and packaging |
Impact | Fills gap of absence of cold storage for agricultural products |
Studies
Serial | File name | Download |
1 | UNIDO IGGE_VC Cluster Competitiveness & BOM |