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Egypt's Karm Expands Internationally With $5.8m Cyprus Solar Project

Summary by allAfrica

Egypt-based renewable energy utility Karm (KarmSolar) has announced its first international expansion with the launch of KarmCyprus The company secured €5 million in project financing from Eurobank to build a 7.6 MW solar photovoltaic plant in Monagroulli, southern Cyprus The expansion mirrors Karm's vertically integrated model across power generation, distribution, storage, and e-mobility

1 Articles

1 Articles

Egypt's Karm Expands Internationally With $5.8m Cyprus Solar Project

Egypt-based renewable energy utility Karm (KarmSolar) has announced its first international expansion with the launch of KarmCyprus The company secured €5 million in project financing from Eurobank to build a 7.6 MW solar photovoltaic plant in Monagroulli, southern Cyprus The expansion mirrors Karm's vertically integrated model across power generation, distribution, storage, and e-mobility

9 hours ago·South Africa

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allAfrica broke the news in South Africa 9 hours ago on Thursday, October 30, 2025.

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