10. KarmSolar

Established: 2011

Headquarters: Egypt

Cofounder and CEO: Ahmed Zahran

KarmSolar comprises Karm Architecture Lab, and KarmWater among others. In 2022, KarmSolar was the first private company in Egypt to obtain a permit to distribute 10 MW of electricity in Marsa Alam from the national grid. In June 2023, KarmWater announced that its desalination plant at Marsa Shagra will incorporate 30% solar power in its operations from the Marsa Alam Solar Grid.

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