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KarmSolar

A collection of 3 posts
Juhayna Signs a Contract with KarmSolar to Establish a Hybrid Central Power Plant
Business

Juhayna Signs a Contract with KarmSolar to Establish a Hybrid Central Power Plant

Juhayna, Egypt’s foremost food, and beverages company has signed a second contract with KarmSolar to establish a hybrid central power plant at the Al-Enmaa farm in Abu Minqar, New Valley, to generate and sell energy using solar panels, diesel generators, and industrial batteries. This is part of both companies’
Oct 24, 2022 2 min read
KarmSolar, Egypt’s Clean Energy Tech Startup, Receives $2.4M to Scale up its Operation
KarmSolar

KarmSolar, Egypt’s Clean Energy Tech Startup, Receives $2.4M to Scale up its Operation

KarmSolar, Egyptian-based clean energy, and multi-utility tech startup has announced receiving $2.4 million in funding from Qatar National Bank ALAHLI (QNB ALAHLI) for the first financed solar Power Purchase Agreement (PPA) battery storage system in Egypt, with advisory led by Ezdaher Financial Advisory, an Egypt-based debt advisory firm. The
Oct 24, 2022 2 min read
KarmSolar, Egypt’s Leading Clean Energy Tech Startup, Announces New Minority Stake Round 
KarmSolar

KarmSolar, Egypt’s Leading Clean Energy Tech Startup, Announces New Minority Stake Round 

KarmSolar, Egypt’s leading private power utility and solar energy company, has announced a new minority stake round to fund internal and regional expansion plans. However, this comes three years after the company announced a $25,000,000 investment from EDF Renewable Energy on November 25, 2019. The United States-based
Aug 30, 2022 2 min read
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