May 28, 2014
Reykjavik Geothermal and the African Union signed a grant contract for an amount of up to $8 million as part of the GRMF for the drilling of two wells of the Corbetti geothermal power project in Ethiopia at an international donor meeting in Reykjavik, Iceland. The...
Mar 13, 2014
Reykjavik Geothermal, the Icelandic power-plant builder, plans to begin drilling in Ethiopia by July as part of a $2 billion project to develop the renewable energy source, Chief Operating Officer Gunnar Orn Gunnarsson said. Ethiopia’s government...
Nov 25, 2013
Reykjavik Geothermal, whose Icelandic geothermal expertise is backed by U.S. investors, signed a deal with Ethiopia on Wednesday to construct a 1,000 MW geothermal power plant, Africa’s largest, in the volcanically active Rift Valley. When complete, the project...
Nov 14, 2013
KINGSTOWN, Nov 12 2013 (IPS) – Weary of sky-high electricity prices, St. Vincent is following in the footsteps of another, decidedly un-tropical island nearly 4,000 miles away in its quest to harness clean geothermal power. A contingent of Icelandic scientists...
Nov 4, 2013
KINGSTOWN, St Vincent (CMC) – St Vincent and the Grenadines has launched its geothermal energy initiative that Prime Minister Dr Ralph Gonsalves believes will be a “potentially game changing initiative”. Prime Minister Gonsalves, speaking at the launch of...