Latest in Tag: KarmSolar Highlight
Latest in Tag: KarmSolar
This comes as part of a Phase 2 expansion of KarmSolar’s existing solar microgrid solution for the Cairo 3A poultry farm facility located in the Bahareya Oasis in Giza, Egypt.
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.
Agreement also includes constructing 1.7 MW-capacity solar power plant
Solar-powered water desalination project to be completed in Marsa Alam
According to a statement issued by KarmSolar, the hospital construction costs EGP 13m and takes 15 days to be completed. The hospital’s 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.
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.
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.
Price 14% lower than government price, solar power plant covers 93% of needs, says Zahran
Arab, international companies awaiting approval to build projects worth $3bn
Triple M is negotiating with KarmSolar to participate in the implementation of a 17MW solar power plant in Bahariya Oasis.
New deal expected to double KarmPower’s pipeline of its committed projects
Company to sell produced capacities to Cairo3A’s poultry project
KarmSolar, Egypt’s 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 Africa’s most dynamic businesses. Companies need to be privately held, and show an excellent rate of growth and potential to push African development, …
Company agreed with valU to offer instalment services for household solar plants
Attijari Finances to act as advisor, coordinator for Egyptian solar energy company
Part of shares will be listed on EGX by 2021: CEO
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 …
News will impact agribusiness, architecture, start-ups, and real estate through partnerships with EFG Hermes, RiseUp, and Azza Fahmy
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
Plus Leasing has allocated EGP 30m to achieve this goal during 2016.
The Ministry of Electricity handled the process cooperatively, says KarmSolar CEO