Dec 23, 2020
Since the approval of the Geothermal Proclamation Amendment by the Government of Ethiopia in May 2020, Reykjavik Geothermal is pleased to announce that the Tulu Moye Geothermal project has reached effectiveness! All of the project’s condition presidents have been...
Dec 15, 2020
An EPC tender was issued for the Tulu Moye Geothermal Project at the end of November 2020, around the same time of the spudding of the second geothermal exploration well in the concession area. The EPC will aid the development of a 150 MW geothermal power plant with...
Nov 28, 2020
The second out of three exploration wells of the Tulu Moye Geothermal Project, GA2, was spudded on November 28, 2020. The drilling of the first exploration well of the project, GA1, was completed earlier in the month on November 7th. The project area is located in the...
Nov 20, 2020
Corbetti Geothermal PLC is very pleased with the results of the Pre-Qualification for the provision of drilling services and material for 26 geothermal wells in the Corbetti caldera. The companies participating the ongoing tender represent some of the strongest...
Oct 15, 2020
A commitment of $1.5 million USD has been made to the Tulu Moye Geothermal Project by the US Development Finance Corporation. The investment will go towards the technical development of the Tulu Moye Geothermal Power Plant, in Ethiopia. The first phase of the...
Jul 29, 2020
Reykjavík Geothermal along with Tulu Moye Geothermal Operations PLC (TMGO) is excited to announce that the first geothermal exploration well in the Tulu Moye concession, known as well GA-1, has hit steam! The steam was encountered at a depth of 650 m....
