Ethiopian Energy^Power Business Portal,eepBp

The Nordic countries, which have vast experiences on the utilization of renewable energy, offered energy solutions to assist Ethiopia in harnessing renewable energy resources. The Nordic countries expressed their commitments to share their rich experiences to Ethiopia in a seminar held on Thursday at the Addis Ababa Radisson Blu Hotel. The Embassies of Iceland, Norway, Sweden, Denmark and Finland organized the consultative meeting in collaboration with Nordic Energy Research aimed at heightening the security of the energy supply in Ethiopia by applying successful and sustainable energy solutions from the Nordic countries.

In her key note address Unnur Ramette Ambassador of Iceland pointed out that only 35 percent of the African population has access to electricity and African countries’ prospect of expanding their electricity network is challenging. Ambassador Ramette expressed the Nordic countries commitment through the “Nordic Energy Solutions”, an initiative launched by Nordic Prime Ministers, to assist the development of renewable energy resources in Ethiopia. “Nordic Energy Solutions is committed to share Nordic innovations and technologies to address energy challenges,” she said.  “We have a family of Nordic financial institutions Nordic Development Fund, Nordic Environmental Facility Cooperation and the Nordic Investment Bank,” she added.

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 (New telegraph online/Dayo Ayeyemi, 13 April 2018)

In a bid to improve renewable energy use in Nigeria and 10 other countries within the continent, the African Development Bank (AfDB) has planned to spend $12bn for its development. The other countries include Burkina Faso, Djibouti, Eritrea, Ethiopia, Mali, Mauritania, Niger, Senegal, Sudan and Chad.

The launch of the project is expected to take place in Senegal following its experience in solar energy production like the Tobène Power plant with 105MW and those of Bokhol and Malicounda. The objective of the scheme is to provide power for household use, Small and Medium size Enterprises, pumping water for livestock farming, irrigation and agricultural production zones.

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 (ENA, Dec 2017)

 Prime Minister Hailemariam Dessalegn held discussion with Chang Tat Joel, Chairman of Lucky Chain Limited Company today.

 Lucky Chain Limited is a huge company established with the vision of having a big market share in energy development in Africa.

 Chairman Chang Tat Joel said Ethiopia is among the leading market destinations in the continent for the company.

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