• Partners
  • Privacy Policy
  • About us
  • Contact us
Monday, June 2, 2025
  • Login
Digital Boom
  • News
  • Startups
  • Marketing
  • Ad Campaigns
  • Tech
  • How-to Guides
  • Insights
  • Culture & Media
No Result
View All Result
  • News
  • Startups
  • Marketing
  • Ad Campaigns
  • Tech
  • How-to Guides
  • Insights
  • Culture & Media
No Result
View All Result
Digital Boom
No Result
View All Result
Home News & Trends

KarmSolar, Cairo3A Poultry sign US$90 million agreement

Editorial Team by Editorial Team
February 10, 2019
in News & Trends
Reading Time: 2 mins read
10
A A
KarmSolar, Cairo3A Poultry sign US$90 million agreement
350
VIEWS

KarmSolar, Egypt’s fastest growing solar energy  company, has signed a US$90 million solar distribution contract with Cairo3A Poultry, a subsidiary of Cairo3A Group, a leading company in agriculture, poultry production and grain trading.

The deal will see KarmSolar connect the project which is located on Wahat Road to the national grid and provide 100 % of the company’s energy needs from solar power.

This new deal marks KarmSolar’s biggest signed agreement. With the contract projected to double KarmPower’s pipeline of committed projects to date, which today reached a total of almost 80 MW to be implemented by the end of 2020.

“This is an important milestone for KarmSolar, as we continue to drive the growth of the private solar energy market in Egypt. KarmPower, our subsidiary, through its rapid expansion and commitment to taking on new projects is set to maintain KarmSolar as the largest private sector solar energy provider in the country,” said Amr El Sawaf, Chairman of the Board of KarmSolar.

“Cairo 3A welcomes the signing of this new agreement. It is a tremendous honour for us to be working alongside KarmSolar, with their impressive background, and breadth of experience in the sector. We look forward to more ongoing collaboration between our two companies ,”said Dr. Amir Iskandar, CEO of Cairo3A Poultry.

KarmPower is a subsidiary of KarmSolar that invests in private solar Power Purchase Agreements (PPAs) and is the first private solar company to hold a power distribution license in Egypt. Their current projects include a 23.5 MW project for Dakahlia Group and a 20 MW power generation and distribution project for El-Badr for Investment and Commercial Spaces

(Arkan Plaza). Once operational, these stations will join KarmPower’s existing portfolio of clients, which includes Juhayna, Fridal, Mazar Mall and Orion Food Industries.

Previous Post

Uber, Careem drivers call for strike in Egypt

Next Post

Top Six Digital Supplies that Businesses Should Order

Editorial Team

Editorial Team

The Digital Boom Staff Writer covers breaking news, platform updates, and stories curated by our editorial team. This byline is used for collaborative content, press releases, and updates that reflect the voice of the newsroom rather than a single contributor.

Uber Launches Uber One in Egypt to Strengthen Customer Loyalty
Tech

Uber Launches Uber One in Egypt to Strengthen Customer Loyalty

by Ahmed Maher
May 27, 2025
532

Uber has officially launched its global subscription program, Uber One, in Egypt, offering ride-hailing users exclusive benefits such as ride...

Read moreDetails
Builder.ai Ceases Operations After $1.3 Billion Valuation Collapse

Builder.ai Shuts Down After Layoffs and Investor Pullout

May 28, 2025
788
How to Become LLM-Ready in 2025: A Guide for Publishers

Publishing for Machines: The 2025 Guide to LLM-Ready Content

May 26, 2025
460
Thndr Raises $15.7M to Expand into Wealth Management in MENA

Thndr Raises $15.7M to Expand into Wealth Management in MENA

May 26, 2025
449
Twitter History: Key Moments and Evolution from 2006 to Now

The History of Twitter: Key Milestones and Major Changes

May 23, 2025
483
  • Partners
  • Privacy Policy
  • About us
  • Contact us

© 2025 Digital Boom, Inc. - All Copyrights Reserved. The Middle Easy Marketing & Advertising Homepage.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • News
  • Startups
  • Marketing
  • Ad Campaigns
  • Tech
  • How-to Guides
  • Insights
  • Culture & Media

© 2025 Digital Boom, Inc. - All Copyrights Reserved. The Middle Easy Marketing & Advertising Homepage.