Karm Solar | Egypt Oil & Gas

Egypt to Develop Solar Plant in Sahl Hasheesh

Egypt's Karm Solar Company is about to finalize the financial closure for a EGP 17m solar power plant with a production capacity of 2 MW, located in Sahl Hasheesh approximately 18km south of Hurghada.

Egypt’s First Solar Plant to Start Operations

Egypt's Karm Solar will start operations in its first solar power plant by late September, producing 1 MW of energy to be sold to an Egyptian beverage and yogurt company, Juhayna.

Karm Solar Agrees to Domestic Arbitration on FiT Deal

Karm Solar Company announced its endorsement of The Egyptian Ministry of Electricity's FiT program and agreed to the Power Purchase Agreement terms in regards to domestic arbitration.

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