KarmSolar is a solar technology and integration company that delivers innovative solar solutions to the agricultural, industrial, tourism and business sectors. Since its founding in 2011, KarmSolar has been Egypt’s largest private off-grid solar energy integrator, with exceptional experience in developing its award winning high-capacity solar pumping stations, including the region’s largest off-grid Hybrid Pumping & Irrigation System (147 kW). KarmSolar also offers MW-scale off-grid solar energy stations and grid-connected utility-scale installations. Committed to R&D and innovation, our goal is to commercialise sustainability, enabling businesses to gain from an increase in productivity whilst benefiting from, and protecting, the environment.
Meaning “a fruitful vine” in Arabic, the name for the company was inspired by the Karm Eco Lodge, a nature preserve in South Sinai and represents our commitment to sustainability.
KarmBuild, a subsidiary of KarmSolar, is an architectural design & build firm with a focus on energy efficient and environmentally sustainable building designs. KarmBuild is the only company in Egypt to integrate solar energy technology into a building’s design and our architects work with a wide range of materials and construction methods. In addition, KarmBuild develops master planning packages and provides EPC services for large scale solar installations.
KarmBuild projects provide long-term energy savings and are ideally suited to off-grid environments and target the needs of the agricultural, industrial and tourism sectors; a flexible design approach allows us to deliver functional buildings such as workers villages but also high-end eco-communities and resorts.
Research & Development
We recognise that for an innovation to make a positive impact, it must be directly applicable to targeted users. KarmSolar’s operations span solar integration, software and hardware development and sustainable construction, bringing together a broad range of engineering, talent and knowledge that we challenge to overcome the agricultural, tourism and industrial sectors’ biggest energy hurdles.
Specialising in the development of off-grid solar technologies, our Research & Development (R&D) Lab, based in the Western Desert’s Bahareya Oasis, is strategically located to effectively engage with off-grid businesses and communities. KarmSolar’s patent-pending software and hardware are specifically designed to make solar energy solutions commercially viable and cheaper than off-grid diesel-run systems.
KarmSolar won the HTC-Wharton Innovation Award in 2012 for efforts in the development of our flagship product, Solar Water Pumping Solution (Variable Speed Drive).
First implemented on a large commercial farm in 2013, this was the first system of its kind in the Arab region. Two subsequent years of development has resulted in not just a reduction of the system’s cost but also the boosting of its efficiency and performance with additional in-house developed proprietary hardware (Drive Controllers) and software (MPPT and the Solar Management Interface).
In 2015, KarmSolar launched a new innovative product; the Hybrid Pumping & Irrigation Solution, enabling the direct pumping of water into fixed irrigation networks. This product is designed to address the needs of agri-businesses that do not require water storage facilities for their operations.
R&D is a backbone to KarmSolar’s operations and our Innovation Engineers are pioneering new technologies that will ensure solar energy’s domination of the energy market in Egypt and beyond.
Ahmed is the Co-founder and CEO of KarmSolar. He holds a MSc. in Economics from SOAS, University of London, a BA. in Business Administration & Finance from the American University in Cairo, a diploma from the European College of Liberal Arts in Berlin in Philosophy & Literature and a certificate in social entrepreneurship from the Stanford Graduate School of Business. Zahran has 10 years of experience in renewable energy and carbon trading working at Shell in the UK and Tunisia, and working in Egyptian Kuwaiti Holding in Egypt as a business development manager for renewable energy and clean development mechanisms. Zahran is responsible for guiding, coordinating and overseeing the commercial and technical growth strategies of KarmSolar.
Tamer is a Co-founder and the vice-chairman of KarmSolar. Tamer holds a degree in Law and Engineering from Cairo University and an MBA from the Arab Academy. He has 20 years of experience in working with international corporations including Kvaerner Process in London and AGIP in Milan. Tamer was the Commercial Director of Egyptian Kuwaiti Holding and most recently he was General Manager for Contract and Agreements with Echem in Cairo.
Karim Hefzy is the Managing Director of Project Development for Carbon Holdings. He has 13 years of project development experience in the petrochemical sector in Egypt which includes a world scale ammonium nitrate project, the Oriental Petrochemical Company, propylene / polypropylene project, and Tahrir Petrochemical’s world scale Naphtha Cracker project. Karim sits on the Board of Directors of several companies, including Egyptian Metal Works, his family owned and operated business in the non-ferrous metals manufacturing sector, and Zooba, an original Egyptian street food dining venture, and KarmSolar. Karim holds a Bachelor of Engineering degree for Chemical & Process Engineering and an MBA from INSEAD.
Randa Fahmy has over 7 years of experience in the off-grid solar sector focusing on research and indigenous technology development and extending to project development, project management and capacity development. Prior to KarmSolar, she was a Business Developer at a renewable energy company; where she co-researched the viability of off-grid, large-scale solar pumping solutions. Additionally, she initiated the carbon credit scheme for the solar pumping project according to one of the world’s most renowned carbon credit schemes that focuses on sustainable development. Fahmy holds an MPhil in Engineering for Sustainable Development from the University of Cambridge and B.Sc. in Electronics Engineering from the American University in Cairo (AUC).
Sharif Al Akhdar
Sharif is the founder and Managing Partner of LimeVest Partners. LimeVest Partners is a growth capital investor focused on investing in promising middle-market Egyptian companies to support and accelerate their growth all while enhancing their governance, profitability, and sustainability. Sharif was previously a Partner with BPE Partners (formerly Beltone Private Equity) where he led the firm’s team building efforts and was responsible for fundraising, deal sourcing and origination, operational oversight of portfolio companies, and exit strategies. He led BPE Partners’ investments in MNHD, Total Egypt, PGESCo, and Pickalbatros. Sharif is the co-chairman of the Capital Markets Committee at the American Chamber of Commerce and is a member of the Emerging Markets Private Equity Association’s Frontier Market Council and the Egyptian Private Equity Association. He received his MSc in Finance from the George Washington University School of Business and his BA in Accounting and Economics from the American University in Cairo.
Amr is the Managing Director of Promotrade the leading project developers and commercial representatives of international engineering firms and industrial contractors doing business in Egypt, specializing in the Power Generation, Cement, Fertilizer, Chemical, Petrochemical, Oil and Gas, Sugar, Edible Oil, Soaps, Detergents and Environmental sectors. From 1999 to 2002 Amr was the CEO of West Coast Custom Yachts, a luxury ship builder in Long Beach California, USA. Amr is currently a board member of Promotrade (Egypt) and EFG Hermes Middle East and Developing Africa Fund (UAE). Over the years Amr has served as a member of various board of directors including Arab Cotton and Ginning Company, Ahly for Development and Investment, and Nile Financial Leasing. Amr received his Bachelor’s Degree in Business Administration from the University of Florida in the USA in 1999.
Karim Abdel Galil
Karim holds a BSc in Mechanical Engineering from the American University in Cairo (AUC) and an MBA from IMD Lausanne. He is currently the Managing Director of Gemma Ceramics and a member of YPO (Young Presidents Organization) and CAIRO Chapter.
Tarek is an entrepreneur and an engineer by education. He is the managing partner of Endure Capital a cross-border Venture Capital fund. An early investor in Careem, Wuzzuf, Aspect Biosystems, Boom Supersonic among many other leading startups in the US, Canada, UK, and MEA.
Before, Tarek worked in IBM Global Delivery Services leading embedded SW development teams delivering state of the art technology in Egypt, Germany, and France. In 2006 Mr.Fahim was awarded the IBM Team Award for his extraordinary achievements. Tarek serves as a board member of Endeavor Egypt, the organization that credits itself as pioneering the concept of high-impact entrepreneurship in growth markets around the world. He is also a fellow of IVLP the U.S. Department of State’s premier professional program for current and emerging international leaders. Tarek also founded Alboraq, a Non-Profit Organization in Egypt focused on Hands-on youth development.”
International Certifications and Partnerships
KarmSolar’s solutions are designed to operate in the harsh environments of Egypt’s off-grid locations. As these systems are built to last for 25 years the quality of the components and the execution of the projects is essential. KarmSolar has been awarded the following certifications, demonstrating our guarantee of quality and commitment to our clients, the environment and our employees;