Sustainable Future
Amira Nabil Mekawy:
Energy
October 2013
Entrepreneurship
Energy problems have been exacerbated in the Arab world’s most populous nation, the issue of energy consumption topped government, media and public agendas. with an economic crisis, lack of liquidity to import oil and big gap between production and consumption.Ahmed Zahran established KarmSolar with a team of four entrepreneurs to develop alternative solutions that could help the environment, the team aspired to save Egypt’s natural resources and reduce the nation’s dependence on scarce diesel fuel. Although the company offers eco-friendly alternatives but the cultural challenges stand in the way of the diffusion of KarmSolar’s innovations. Opportunities are still ahead for KarmSolar which can seek partnership with private or governmental bodies working on large scale national green projects to solve the country pressing energy-related problems.
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