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...
Aug 1, 2020
On the 20th of August 2020 a town council meeting was held where the Öfus municipality in Iceland approved Reykjavík Geothermal’s plans to carry out reconnaissance/exploration surface study of the wider Bolaalda area. Furthermore, the town council of Ölfus...
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....
Jul 6, 2020
The covid-19 pandemic brought a pause to the drilling operations in Tulu Moye that had started in the first week of March 2020. After monitoring the covid situation in Ethiopia and having health and safety measures ready for the upcoming situation, Reykjavík...
Jun 25, 2020
Corbetti Geothermal PLC is developing a geothermal power project in the Corbetti caldera in Ethiopia. Reykjavik Geothermal (RG) along with Berkeley Energy (BE), are the principal participants in the project. Reykjavik Geothermal is pleased to announce this...
Jun 16, 2020
May 22, 2020 marked a monumental shift for the geothermal sector of Ethiopia. The cabinet of Ethiopia, known as the Council of Ministers, came into agreement to send the Geothermal Proclamation Amendment to the Federal Parliamentary Assembly of Ethiopia for review....
