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

Egypt-based renewable energy utility Karm (KarmSolar) has announced its first international expansion…