Challenges

Egypt has been suffering from severe water scarcity in recent years. Uneven water distribution, misuse of water resources and inefficient irrigation techniques are some of the major factors playing havoc with water security in the country. Egypt has only 20 cubic meters per person of internal renewable freshwater resources, and as a result the country relies heavily on the Nile River for its main source of water. The Nile River is the backbone of Egypt’s industrial and agricultural sector and is the primary source of drinking water for the population. 

According to FAO, around 50%-60% of the water that used for irrigation is being wasted due to runoff, wind, and evaporation. For example, a single landscape can waste up to 25,000 gallons of water annually if there no proper well maintained and functionally operated irrigation system. 

In addition, Egypt is in the throes of an energy crisis. Both rising demand and falling gas (and oil) output have in recent years transformed the country from exporter to importer of both, a shift that poses a substantial threat to its economy. 

Solutions

Green Eagle Tech brings green energy mainstream forces to operate at the forefront of the renewable energy sector. They developed a rain irrigation system to operate automatically, and have an integrated environmentally friendly system, with water and energy savings, and, most importantly sustainable, with local components close to 90%. 

Green Eagle Tech is able to offset the higher initial capital costs associated with renewable generation by taking advantage of government tariffs and incentives, by strategically aligning itself with key investment banks and financial partners, and by utilizing sophisticated financing structures to raise the capital required to develop a project. Capital investment in the renewable energy sector and irrigation sector will spur innovation and technological advancement and drive down prices, which will continue to make irrigation and solar projects more viable in the future.