
Over 4 million farmers in Egypt depend mainly on diesel generator to get water up to the ground from water wells for farming in areas far from Nile River. Diesel price is getting higher year by year in addition to price of fuel transportation to the farms makes farming not feasible for them
ASKOVA introduce developed wind turbine which can operate at low wind speed with full capacity as power resource for farms which be used for irrigation purpose day and night with effective cost
There are more than 1 million acres of existing farms and The Egyptian reclamation plan targeting to reclaim more than 1.5 million acres by 2025, which means a 1.7 billion USD as a market opportunity for our product.
But our solution not limited only to the Egyptian market, it can be expanded to a 5.3 Billion USD market in the MENA region!
Sectors | Agritech, Clean technology and energy, Renewable energy, Wind power |
Location | New Cairo, Egypt |
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