Latest in Tag: KarmSolar Highlight
Latest in Tag: KarmSolar

KarmSolar Secures EGP 47m in funding from QNB Alahli
This comes as part of a Phase 2 expansion of KarmSolarâs existing solar microgrid solution for the Cairo 3A poultry farm facility located in the Bahareya Oasis in Giza, Egypt.

KarmSolar announces new minority stake roundÂ
The new investment round is supported by US-based Synergy Consulting as the sell-side adviser. The capital injection will support existing power generation and distribution businesses, as well as enable new business verticals like solar water desalination solutions provider KarmWater and electric mobility venture KarmCharge to flourish.

KarmSolar, Marakez partner to distribute power to D5M mall in East Cairo
Agreement also includes constructing 1.7 MW-capacity solar power plant

KarmSolar launches water solutions division âKarmWaterâ
Solar-powered water desalination project to be completed in Marsa Alam

KarmSolar, Karm Construction provide open source design of Covid-19 field hospital
According to a statement issued by KarmSolar, the hospital construction costs EGP 13m and takes 15 days to be completed. The hospitalâs capacity can reach 192 beds on 16 wards, with each ward having 12 beds. The hospital design considers the different stages of the coronavirus treatment protocol.

EDF Renewables invests in Egypt’s KarmSolar, becomes shareholder
In a Monday press statement, EDF Renewables will make a capital investment to become a strategic shareholder in the solar company, with which it has also agreed on a strategic partnership in the development of solar energy in Egypt.

Franceâs EDF plans to invest $25m in Egyptâs KarmSolar by end-2019
The source revealed that negotiations with KarmSolar have reached very advanced stages and are expected to be officially declared within days, however, the source did not disclose any further details.

KarmSolar sells electricity to Dakahlia Poultry in Minya
Price 14% lower than government price, solar power plant covers 93% of needs, says Zahran

Government completes renewable energy direct sale regulations in September
Arab, international companies awaiting approval to build projects worth $3bn

Triple M negotiates with KarmSolar to co-establish solar power plant in Bahariya Oasis
Triple M is negotiating with KarmSolar to participate in the implementation of a 17MW solar power plant in Bahariya Oasis.

KarmSolar, Cairo3A Poultry sign $90m agreement to build solar plant in Egypt
New deal expected to double KarmPowerâs pipeline of its committed projects

KarmSolar planning 100MW solar power plant in Bahareya Oasis
Company to sell produced capacities to Cairo3Aâs poultry project

KarmSolar identified among companies to inspire Africa 2019: LSEGâs report
KarmSolar, Egyptâs fastest growing solar energy solutions company, has been identified by the London Stock Exchange Group (LSEG) as one of the Companies to Inspire Africa 2019 listing. The LSEG report acknowledged Africaâs most dynamic businesses. Companies need to be privately held, and show an excellent rate of growth and potential to push African development, …

KarmSolar targets to conclude $100m worth of contracts by end-2018
Company agreed with valU to offer instalment services for household solar plants

KarmSolar to raise EGP 500m EGP for expansion planâs first phase
Attijari Finances to act as advisor, coordinator for Egyptian solar energy company

KarmSolar implementing $80m solar power plants
Part of shares will be listed on EGX by 2021: CEO

KarmSolar, El Badr for Investment and Commercial Spaces sign 20MW solar power agreement for Arkan Plaza to run 100% on solar energy by 2021
KarmSolar signed a deal with El Badr for Investment and Commercial Spaces to generate and distribute solar power to Arkan Plaza, in El Sheikh Zayed on Thursday. The deal includes a commitment by KarmSolar to build solar stations of a total of 20MWs by 2021, converting Arkan Plaza to run 100% on solar energy. The …

KarmSolar announces 3 major agreements at first annual forum
News will impact agribusiness, architecture, start-ups, and real estate through partnerships with EFG Hermes, RiseUp, and Azza Fahmy

First solar-generated electricity plant to open 25 September: KarmSolar
Station considered to be first in Egypt, annually saving up to 600,000 liter of diesel, avoiding emission of 1,620 tonnes of carbon dioxide, says CEO

Cooperation agreement between KarmSolar and Plus Leasing to irrigate 1.5m acres with solar energy
Plus Leasing has allocated EGP 30m to achieve this goal during 2016.

KarmSolar: The first company to receive permission to sell solar power
The Ministry of Electricity handled the process cooperatively, says KarmSolar CEO