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The Egyptian green tech firm looking to cut energy bills

The Egyptian green tech firm looking to cut energy bills

Summary

An Egyptian company called Saving System claims its technology can help businesses reduce their electricity bills. The company uses special devices called capacitors to make energy use more efficient. The company's CEO, Ahmed Alwakil, notes that implementing new technology takes time.

Key Facts

  • Saving System is an Egyptian company focused on green technology.
  • The company claims its technology reduces corporate electricity bills.
  • The key component of their product is a special device called a capacitor.
  • Capacitors store electrical energy and help make electricity use more efficient.
  • CEO Ahmed Alwakil emphasizes the need for patience when launching new tech products.
  • This article is part of a series about technology in Africa.

Source Information