SUSTAINABLE ENERGY

Solar-powered cold storage units for farmers and retailers

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
Electrical cold storage rooms

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
* Source of the information: The above figures were updated by Chemonics Egypt for UNIDO in 2023

Studies

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