Egyptian renewable energy firm Rees Tech is aiming for sales of about EGP 1bn in 2026, fueled by surging demand for solar systems in the local market, according to Chairperson Ibrahim Gamal. This target doubles the company's 2025 revenues, which reached roughly EGP 500m.
Ibrahim Gamal, chairperson of Rees Tech, announced the company's plans to reach EGP 1bn in sales by 2026, supported by accelerating solar energy adoption in agriculture and industry, as well as off-grid uses. Founded in 2015 as an installation contractor, the firm expanded into direct imports in 2019, establishing itself as a key player in Egypt's solar market.
Rees Tech offers integrated solutions for solar power plants, including inverters, panels, batteries, and protection gear. A pivotal moment came with importing Chinese V&T inverters tailored for water pumping systems, earning exclusive agency rights through commitments to price stability, steady stock, and post-sales support. Gamal praised these inverters for their high reliability, low failure rates, smooth operations, and remote control features.
The company runs a distribution network of about 50 partners, with 10 main distributors and 30 to 40 sub-distributors, targeting major agricultural areas across Egypt. It enforces a market protection policy to secure distributor margins and ensure long-term viability. Beyond inverters, the portfolio features Snobly batteries, cables, and protection items; it distributes panels from JA Solar and LONGi, and recently gained exclusive rights for AIKO panels in Egypt.
To counter supply disruptions and market fluctuations, Rees Tech maintains three to four months' worth of inventory. Gamal anticipates that expected global rises in solar panel prices will enhance the overall value of Egypt's solar sector throughout 2026.