KarmSolar
Electricity, Oil & Gas · Egypt · 113 Employees
KarmSolar is a solar technology and integration company that delivers innovative solar solutions to the agricultural, industrial, tourism and business sectors. Since its founding in 2011, KarmSolar has been Egypt's largest private off-grid solar energy integrator,with exceptional experience in developing its award winning high-capacity solar pumping stations, including the region's largest off-grid Hybrid Pumping & Irrigation System. KarmSolar also offers MW-scale off-grid solar energy stations and grid-connected utility-scale installations.Read More
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KarmSolar Company Metrics
<$5M
Total Funding Amount
<$5M
Most Recent Funding Amount
1
Number of Funding Rounds
KarmSolar Tech Stack
KarmSolar News & Media
Upswing in fundraising across MENA region - Arab News
CAIRO: Saudi Arabia-based venture capital DAAL has participated in a $5 million seed funding round for Mexico-based proptech platform Pulppo alongside one of the leading accelerators in the world, Y Combinator. Founded in 2021, Pulppo offers a platform for property brokers to boost their sales by providing them with tools to manage everything from property appraisals to visits.EGYPT: KarmSolar secures $3m to provide 3.4MWp of solar power in Farafra | Afrik 21
Egyptian company KarmSolar has secured $3 million in debt financing from the Egyptian subsidiary of UK commercial bank HSBC. The funding will enable the construction of a hybrid solar power plant for productive use in the Farafra oasis in western Egypt.Egypt's KarmSolar raises $3m debt funding for innovative micro-grid solution - Disrupt Africa
Egypt-based solar power developer and electricity distributor KarmSolar has secured EGP83 million (US$3 million) in debt funding to support the further development and rollout of Farafra Solar Grid, the company’s second micro-grid-solution, covering 100 per cent of clients’ load.Egypt's Solar Energy Company KarmSolar Secures $3 Million From HSBC - CairoScene
The new solar project is expected to become fully operational by Q3 2023.
Frequently Asked Questions regarding KarmSolar
KarmSolar is a solar technology and integration company that delivers innovative solar solutions to the agricultural, industrial, tourism and business sectors. Since its founding in 2011, KarmSolar has been Egypt's largest private off-grid solar energy integrator, with exceptional experience in developing its award winning high-capacity solar pumpi... Read More