power utility and solar energy

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power utility and solar energy

A collection of 2 posts

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

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

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

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