Egyptian renewable energy solutions firm Rees Tech is targeting sales of approximately EGP 1bn in 2026, driven by a rapid increase in demand for solar systems across the local market, Chairperson Ibrahim Gamal said.
The 2026 target represents a doubling of the company’s business volume compared to 2025, when revenues reached approximately EGP 500m. Gamal attributed the projected growth to the accelerating adoption of solar energy in the agricultural and industrial sectors, as well as off-grid applications.
Rees Tech, which operates as a specialised trading company, provides integrated solutions for solar power plants, including inverters, solar panels, batteries, and protection products. The company began operations in 2015 as an installation contractor before expanding into direct imports in 2019, a transition Gamal said positioned the firm among the leading players in Egypt’s solar market.
A significant turning point for the company was the import of Chinese V&T inverters designed specifically for water pumping systems. Gamal noted that the company’s commitment to price discipline, consistent inventory, and after-sales service led to securing exclusive agency rights for the brand. He described the V&T inverters as highly reliable for pumping applications due to their low failure rates, smooth operating systems, and remote-control capabilities.
The company has established a distribution network of approximately 50 distributors, comprising 10 main distributors and 30 to 40 sub-distributors, focused on key agricultural regions nationwide. Gamal stated that the firm maintains a market protection policy to safeguard distributor margins and ensure long-term stability.
In addition to inverters, Rees Tech’s portfolio includes Snobly batteries, cables, and protection products. The company distributes solar panels from global manufacturers JA Solar and LONGi, and recently secured the exclusive agency for AIKO solar panels in Egypt.
To mitigate supply disruptions and market volatility, Rees Tech currently holds inventory sufficient to cover three to four months of demand, Gamal said. He added that this inventory strategy is central to meeting rising demand and achieving growth targets.
Looking ahead, the chairperson expects anticipated increases in global solar panel prices to further boost the overall market value of solar-related businesses in Egypt throughout 2026.
