{"id":601229,"date":"2019-02-21T03:50:10","date_gmt":"2019-02-21T03:50:10","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/21\/ahmed-zahran-co-founder-and-ceo-karmsolar\/"},"modified":"2019-02-21T03:50:10","modified_gmt":"2019-02-21T03:50:10","slug":"ahmed-zahran-co-founder-and-ceo-karmsolar","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/21\/ahmed-zahran-co-founder-and-ceo-karmsolar\/","title":{"rendered":"Ahmed Zahran, co-founder and CEO, KarmSolar"},"content":{"rendered":"

<\/a> Ahmed Zahran, co-founder and CEO of KarmSolar:<\/b> My Morning Routine looks each week at how a successful member of the community starts their day \u2014 and then throws in a couple of random business questions just for fun. Speaking to us this week is Ahmed Zahran, co-founder and CEO of KarmSolar, Egypt\u2019s largest private off-grid solar energy integrator.<\/p>\n

I\u2019m Ahmed Zahran and I\u2019m a co-founder and the CEO of KarmSolar.<\/b> Looking at the question of who I am from a more existential perspective, I\u2019m a person with a point to prove. I want to prove that things can work in this country without the need to be corrupt or well-connected. You can build an institution the way institutions should be built. This is something I struggle with and think about every day \u2014 how can I work towards achieving this goal \u2014 to the extent that it\u2019s taken over my life and become part of who I am.<\/p>\n

My main job is to be an enabler.<\/b> It\u2019s up to me to create the context or environment and build the organization where people can achieve their potential, and where they have the resources to do their best. So I create a setup where people are motivated, and then I throw challenging ideas at them. I might then start pushing back or arguing with them to see what can and cannot be done. It\u2019s all part of catalyzing and enabling the processes.<\/p>\n

I have three different morning routines.<\/b> If I\u2019m traveling to one of our sites, I like to start very early in the morning so I wake up at 5 or 5:30 am. Sometimes I get to play sports (playing tennis is something I really enjoy), and sometimes not. I try to be consistent. Then I hit the road to visit our sites. These are really some of my best times. I love visiting our sites, looking at the sites that are under construction, and imagining how they will end up looking, just as I love looking at our existing products and remembering how they looked before we started work. If I\u2019m traveling abroad, I make sure that I have a good stock of things to read and watch. When I fly, I spend a lot of time thinking, scribbling ideas, reading and watching new things. I love that process of discovering new things. If I\u2019m spending the day in Cairo, I wake up at around 7 am to make sure I\u2019m in the office at around 10 am. Sometimes I get to exercise first thing in the morning and sometimes I do it in the evening, at 8 pm.<\/p>\n

I usually have a lot of meetings and some days I just hop from one to the next.<\/b> When I\u2019m in the office, I try to regularly go around and talk to people, or ask them what they\u2019re working on. I love eating with the team, which helps me understand what\u2019s happening in the company and what people are thinking about. We have a food culture, so we have a team lunch every day, and twice a week this is sponsored by the company. It\u2019s a time when people can get together and sometimes they invite their friends. I also keep a tiny library in my office, so sometimes when I feel that I need to take a break I\u2019ll either take a quick nap on the floor or I\u2019ll read. Our days are long, and I only sleep 3-4 hours a day, so I have to take naps every now and then. I\u2019m working hard to go home earlier.<\/p>\n

One recent read that has affected me a lot is <\/b>The Enigma of Reason<\/b><\/a>,<\/b> a book that could be described as behavioral economics. It helps you understand the origin of logic in human beings, and it\u2019s an amazing book if you want to understand how humans function, how we think, what incentivizes us and how we take decisions. I also enjoyed watching the two Fyre Festival documentaries recently \u2014 both Hulu<\/a> and Netflix<\/a>. There\u2019s a lot to learn from this situation. You understand how the media can corrupt people. When it comes to film, there\u2019s a Spanish movie that I loved and would recommend to anyone, called A 12 Year Night<\/a>.<\/p>\n

The origin story of KarmSolar is an interesting one. <\/b>There were four of us who were fired from a big company in 2011. The company was led by someone who did not believe in innovation or renewable energy, so when we established KarmSolar in October 2011 we wanted to prove to ourselves and obviously to him that our vision could actually work. We started in Arabica, a small cafe in Zamalek. The thing I love is that the people who gave us our initial investment were people working in the company we were fired from, who believed in us and wanted to support us.<\/p>\n

KarmSolar\u2019s niche is brain power. <\/b>We\u2019re very innovative, and we never accept things as they are. We\u2019re constantly developing and changing our business model \u2014 not to be ahead of the competition, but to be at the forefront of development for its own sake. We\u2019re trying to push existing knowledge, and we\u2019re literally redesigning the energy structure business model. I truly think we will be the first proper solar utility globally. And I mean that.<\/p>\n

People often think we\u2019re a solar developer or a solar technology company,<\/b> but we\u2019re neither of those things: We\u2019re a solar utility. We\u2019re the power company of the future. All of our infrastructure is built around conventional methods of generating, distributing, and managing power. But so far there has never been a utility built around renewable energy, so this is what we\u2019re working to build. Solar development is an opportunistic role that we play to build solar stations, but it\u2019s just a very small part of what we do. What we\u2019re really doing is designing solar utilities and the heart of our work is figuring out what they\u2019ll be like.<\/p>\n

It\u2019s exciting to be at the forefront of change in the industry. <\/b>Internally, innovation guides everything we do. We\u2019re looking at things, both commercially and technically, in a very new way. Externally, we\u2019re playing an active role, working with regulators and the government to imagine and draft the regulations of the future. Many of the things we work on don\u2019t have existing references \u2014 and this is one of the most interesting parts of the job. We literally have a blank piece of paper we\u2019re filling with the most creative commercial and technical ideas.<\/p>\n

The best business advice I\u2019ve ever been given came from my mentor and best friend of 15 years. <\/b>He encouraged me to engage in silent thinking, where you periodically retreat from everything and avoid distractions, but just think about what you are doing, your future plans, your competitive edge. Sometimes we become the slaves of failure or success. It disorients us and we can\u2019t see what to do next. He was an expert at just stopping to think silently. I learned this from him and I try to do it as much as I can. He also taught me how to learn business strategy or methodology from areas not necessarily related to business. So I learned how to use anecdotes to try to understand things and how to look for things I could use for strategic planning in documentaries, movies, or art. Finally, he taught me how to develop myself as a human being \u2014 not as an entrepreneur, businessman, or technical professional \u2014 but as a human being. This is very important because we need to have a comprehensive view of ourselves.<\/p>\n

How do I stay organized? <\/b>Who says that I stay organized? That\u2019s a presumptuous question. I\u2019m not organized, although I try to be. I jump around a lot. If you aren\u2019t able to stay organized, the best thing is to have a lot of organized people around you, and I think that\u2019s my approach. My team is far more organized than me, and they force me to be organized.<\/p>\n","protected":false},"excerpt":{"rendered":"

Ahmed Zahran, co-founder and CEO of KarmSolar: My Morning Routine looks each week at how a successful member of the community starts their day \u2014 and then throws in a couple of random business questions just for fun. Speaking to us this week is Ahmed Zahran, co-founder and CEO of KarmSolar, Egypt\u2019s largest private off-grid […]<\/p>\n","protected":false},"author":1,"featured_media":601230,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7156],"tags":[93,72,203,1868,387,151],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-601229","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-my-morning-routine","tag-energy","tag-enterpriseam","tag-entrepreneurship","tag-karmsolar","tag-my-morning-routine","tag-renewables","wpautop","entry"],"acf":{"mongo_id":"84677e2c-fe5b-4c06-a033-6d92acb01565","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2019\/2\/883.jpg","photo_position":"above","related_issue":[601193],"teaser":"","voice_url":""},"yoast_head":"\nAhmed Zahran, co-founder and CEO, KarmSolar - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/21\/ahmed-zahran-co-founder-and-ceo-karmsolar\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ahmed Zahran, co-founder and CEO, KarmSolar\" \/>\n<meta property=\"og:description\" content=\"Ahmed Zahran, co-founder and CEO of KarmSolar: My Morning Routine looks each week at how a successful member of the community starts their day \u2014 and then throws in a couple of random business questions just for fun. Speaking to us this week is Ahmed Zahran, co-founder and CEO of KarmSolar, Egypt\u2019s largest private off-grid […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/21\/ahmed-zahran-co-founder-and-ceo-karmsolar\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-02-21T03:50:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2019\/2\/883.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/21\/ahmed-zahran-co-founder-and-ceo-karmsolar\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/21\/ahmed-zahran-co-founder-and-ceo-karmsolar\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Ahmed Zahran, co-founder and CEO, KarmSolar\",\"datePublished\":\"2019-02-21T03:50:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/21\/ahmed-zahran-co-founder-and-ceo-karmsolar\/\"},\"wordCount\":1379,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/21\/ahmed-zahran-co-founder-and-ceo-karmsolar\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2019\/2\/883.jpg?fit=%2C&ssl=1\",\"keywords\":[\"energy\",\"EnterpriseAM\",\"entrepreneurship\",\"KarmSolar\",\"MY MORNING ROUTINE\",\"renewables\"],\"articleSection\":[\"My Morning Routine\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/21\/ahmed-zahran-co-founder-and-ceo-karmsolar\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/21\/ahmed-zahran-co-founder-and-ceo-karmsolar\/\",\"name\":\"Ahmed Zahran, co-founder and CEO, KarmSolar - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/21\/ahmed-zahran-co-founder-and-ceo-karmsolar\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/21\/ahmed-zahran-co-founder-and-ceo-karmsolar\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2019\/2\/883.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2019-02-21T03:50:10+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/21\/ahmed-zahran-co-founder-and-ceo-karmsolar\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/21\/ahmed-zahran-co-founder-and-ceo-karmsolar\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/21\/ahmed-zahran-co-founder-and-ceo-karmsolar\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2019\/2\/883.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2019\/2\/883.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/21\/ahmed-zahran-co-founder-and-ceo-karmsolar\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Ahmed Zahran, co-founder and CEO, KarmSolar\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Ahmed Zahran, co-founder and CEO, KarmSolar - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/21\/ahmed-zahran-co-founder-and-ceo-karmsolar\/","og_locale":"en_US","og_type":"article","og_title":"Ahmed Zahran, co-founder and CEO, KarmSolar","og_description":"Ahmed Zahran, co-founder and CEO of KarmSolar: My Morning Routine looks each week at how a successful member of the community starts their day \u2014 and then throws in a couple of random business questions just for fun. Speaking to us this week is Ahmed Zahran, co-founder and CEO of KarmSolar, Egypt\u2019s largest private off-grid […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/21\/ahmed-zahran-co-founder-and-ceo-karmsolar\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2019-02-21T03:50:10+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2019\/2\/883.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/21\/ahmed-zahran-co-founder-and-ceo-karmsolar\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/21\/ahmed-zahran-co-founder-and-ceo-karmsolar\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Ahmed Zahran, co-founder and CEO, KarmSolar","datePublished":"2019-02-21T03:50:10+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/21\/ahmed-zahran-co-founder-and-ceo-karmsolar\/"},"wordCount":1379,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/21\/ahmed-zahran-co-founder-and-ceo-karmsolar\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2019\/2\/883.jpg?fit=%2C&ssl=1","keywords":["energy","EnterpriseAM","entrepreneurship","KarmSolar","MY MORNING ROUTINE","renewables"],"articleSection":["My Morning Routine"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/21\/ahmed-zahran-co-founder-and-ceo-karmsolar\/","url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/21\/ahmed-zahran-co-founder-and-ceo-karmsolar\/","name":"Ahmed Zahran, co-founder and CEO, KarmSolar - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/21\/ahmed-zahran-co-founder-and-ceo-karmsolar\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/21\/ahmed-zahran-co-founder-and-ceo-karmsolar\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2019\/2\/883.jpg?fit=%2C&ssl=1","datePublished":"2019-02-21T03:50:10+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/21\/ahmed-zahran-co-founder-and-ceo-karmsolar\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2019\/02\/21\/ahmed-zahran-co-founder-and-ceo-karmsolar\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/21\/ahmed-zahran-co-founder-and-ceo-karmsolar\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2019\/2\/883.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2019\/2\/883.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/21\/ahmed-zahran-co-founder-and-ceo-karmsolar\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Ahmed Zahran, co-founder and CEO, KarmSolar"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2019\/2\/883.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2019\/2\/883.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2019\/2\/883.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":593884,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/13\/karmsolar-signs-egp-230-mn-loan-agreement-with-banque-misr\/","url_meta":{"origin":601229,"position":0},"title":"KarmSolar signs EGP 230 mn loan agreement with Banque Misr","author":"enterpriseam admin","date":"13 October 2019","format":false,"excerpt":"KarmSolar has signed a EGP 230 mn loan agreement with Banque Misr to build 24 MW solar power plants, CEO Ahmed Zahran told the local press. Zahran did not say how many plants the company will establish with the money. KarmSolar is also in talks with five local and international\u2026","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":548995,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/30\/karmsolar-is-looking-for-investors\/","url_meta":{"origin":601229,"position":1},"title":"KarmSolar is looking for investors","author":"enterpriseam admin","date":"30 August 2022","format":false,"excerpt":"Solar energy company KarmSolar will sell a minority stake to investors via a capital increase as it looks to expand its presence in Egypt and across the region, it said in astatement (pdf) yesterday. The company hopes to raise \u201ca significant amount\u201d in the investment round, KarmSolar CEO Ahmed Zahran\u2026","rel":"","context":"In "M&A WATCH"","block_context":{"text":"M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/8\/436.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":638327,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/02\/karmsolar-signs-usd-23-mn-agreement-with-dakahlia-group\/","url_meta":{"origin":601229,"position":2},"title":"KarmSolar signs USD 23 mn agreement with Dakahlia Group","author":"enterpriseam admin","date":"2 October 2017","format":false,"excerpt":"KarmSolar announced signing a USD 23 mn agreement to build solar stations for Dakahlia Group subsidiaries Dakahlia South Valley Poultry and Dakahlia Wadi El Natroun Agriculture. The agreement will provide the companies with 23.5 MW of energy, equivalent to 75% of their energy needs over 30 years through two stations\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":629007,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/20\/karmsolar-signs-ppa-with-private-companies-for-70-mw-solar-power-plants\/","url_meta":{"origin":601229,"position":3},"title":"KarmSolar signs PPA with private companies for 70 MW solar power plants","author":"enterpriseam admin","date":"20 May 2018","format":false,"excerpt":"KarmSolar has signed 25-year power purchase agreements (PPA) with private companies, factories, and hotels in Minya and Marsa Alam. The company will supplying the power from the USD 80 mn worth of solar power plants it is constructing with a combined capacity of 70 MW, CEO Ahmed Zahran said.","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":587532,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/29\/marsa-alams-first-solar-powered-desalination-plant-courtesy-of-karmwater\/","url_meta":{"origin":601229,"position":4},"title":"Marsa Alam\u2019s first solar-powered desalination plant, courtesy of KarmWater","author":"enterpriseam admin","date":"29 May 2023","format":false,"excerpt":"The plant is currently 30% powered by solar","rel":"","context":"In "Infrastructure"","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/5\/1503.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":592684,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/04\/edf-to-invest-usd-25-mn-in-karmsolar-this-year\/","url_meta":{"origin":601229,"position":5},"title":"EDF to invest USD 25 mn in KarmSolar this year","author":"enterpriseam admin","date":"4 November 2019","format":false,"excerpt":"M&A WATCH- EDF to invest USD 25 mn in KarmSolar this year: French energy company EDF Renewables is reportedly in advanced talks to invest as much as USD 25 mn in KarmSolar before the end of the year, sources familiar with the matter told the press. An agreement is expected\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2018\/12\/459.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/601229","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=601229"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/601229\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/601193"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/601230"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=601229"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=601229"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=601229"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=601229"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=601229"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}