{"id":629007,"date":"2018-05-20T03:55:30","date_gmt":"2018-05-20T03:55:30","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/20\/karmsolar-signs-ppa-with-private-companies-for-70-mw-solar-power-plants\/"},"modified":"2018-05-20T03:55:30","modified_gmt":"2018-05-20T03:55:30","slug":"karmsolar-signs-ppa-with-private-companies-for-70-mw-solar-power-plants","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/20\/karmsolar-signs-ppa-with-private-companies-for-70-mw-solar-power-plants\/","title":{"rendered":"KarmSolar signs PPA with private companies for 70 MW solar power plants"},"content":{"rendered":"<p>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 <a href=\"https:\/\/alborsanews.com\/2018\/05\/19\/1106209\">Ahmed Zahran said<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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.<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[7207],"tags":[93,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-629007","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"3b7782fa-8107-4ab8-8609-a936916e3f2f","order":"0","is_powered_by":true,"section_story_id":"202345d2-d615-4a31-919d-1d4b00467674","story_type":"1","photo_url":"","photo_position":"above","related_issue":[628968],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>KarmSolar signs PPA with private companies for 70 MW solar power plants - 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\/2018\/05\/20\/karmsolar-signs-ppa-with-private-companies-for-70-mw-solar-power-plants\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"KarmSolar signs PPA with private companies for 70 MW solar power plants\" \/>\n<meta property=\"og:description\" content=\"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.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/20\/karmsolar-signs-ppa-with-private-companies-for-70-mw-solar-power-plants\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-05-20T03:55:30+00:00\" \/>\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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/20\/karmsolar-signs-ppa-with-private-companies-for-70-mw-solar-power-plants\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/20\/karmsolar-signs-ppa-with-private-companies-for-70-mw-solar-power-plants\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"KarmSolar signs PPA with private companies for 70 MW solar power plants\",\"datePublished\":\"2018-05-20T03:55:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/20\/karmsolar-signs-ppa-with-private-companies-for-70-mw-solar-power-plants\/\"},\"wordCount\":58,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"energy\",\"EnterpriseAM\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/20\/karmsolar-signs-ppa-with-private-companies-for-70-mw-solar-power-plants\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/20\/karmsolar-signs-ppa-with-private-companies-for-70-mw-solar-power-plants\/\",\"name\":\"KarmSolar signs PPA with private companies for 70 MW solar power plants - 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The company signed a mandate letter with the EBRD for the funding that will\u2026","rel":"","context":"In &quot;Energy&quot;","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":642202,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/08\/acwa-power-signs-ppa-with-eetc-to-build-three-solar-power-plants-in-benban\/","url_meta":{"origin":629007,"position":2},"title":"ACWA Power signs PPA with EETC, to build three solar power plants in Benban","author":"enterpriseam admin","date":"8 August 2017","format":false,"excerpt":"The Egyptian Electricity Transmission Company (EETC) signed three solar power purchase agreements with the Riyadh-based ACWA Power on Monday under phase two of the feed-in tariff (FiT) program, according to a statement from the Investment and International Cooperation Ministry. Under the agreements, ACWA Power will finance, develop, build, own, and\u2026","rel":"","context":"In &quot;Energy&quot;","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":648994,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/19\/scatec-solar-signs-25-year-ppa-for-six-solar-power-plants\/","url_meta":{"origin":629007,"position":3},"title":"Scatec Solar signs 25-year PPA for six solar power plants","author":"enterpriseam admin","date":"19 April 2017","format":false,"excerpt":"Norway\u2019s Scatec Solar signed a 25-year power purchasing agreement with the Electricity Ministry to supply energy from six solar power plants with a combined production capacity of 400 MW, reNEWS reports. Scatec will provide equity of USD 50-70 mn for the USD 450 mn project. Unnamed local developers and KLP\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","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":629007,"position":4},"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 &quot;Energy&quot;","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":593884,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/13\/karmsolar-signs-egp-230-mn-loan-agreement-with-banque-misr\/","url_meta":{"origin":629007,"position":5},"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. 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