Dec 19, 2017
December 19, 2017: The Government of Ethiopia, Ethiopian Electric Power and Tulu Moye Geothermal, a joint venture between Meridiam and Reykjavik Geothermal (RG) finalized the contracts for the 520 megawatt geothermal power project in Tulu Moye, today. The project...
Dec 19, 2017
Reykjavik Geothermal (RG) is pleased to announce the signing of final project documentation for the two landmark geothermal power projects in Ethiopia, Tulu Moye and Corbetti. At a joint signing ceremony in Addis Ababa today, Tulu Moye Geothermal signed a 520 MW...
Oct 24, 2017
Addis Ababa, 23 October 2017 (ECA) – Following a green approach to closing Africa’s huge infrastructure gap can create public and private value with co-benefits across a diverse range of stakeholders and goals, says Linus Mofor, Senior Environmental Affairs...
Aug 4, 2016
The newly approved bill on geothermal resources exempts royalty payments for companies engaged in thermal resource development and exploration in the country. Last week, Parliament, which was dissolved on July, 8, 2016, was summoned for an urgent session and...
Feb 22, 2016
Ethiopia needs to drill deep to achieve its goal of becoming carbon neutral by 2025. Literally. Below the country’s surface lies its energy future- over 7,000 megawatts of geothermal power potential. Geothermal energy is heat that’s generated from the earth’s core,...
Jul 29, 2015
Addis Ababa July 27/2015 Ethiopian Electric Power and the Corbetti Geothermal Company have signed a Power Purchase Agreement for the first 500 megawatts.The four billion USD that generates 1,000 MW by Corbetti geothermal plant will be built in two stages within 8 to10...
