Ethiopian Energy^Power Business Portal

Ethiopia signed a land mark PPA agreement for two geothermal  projects , Corbetti Geothermal  and Tulu Moye Geothermal, as the press release from Reykjavik Geothermal and the state media, EBC, stated. 

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(thereporterethiopia, 2017)

The Ethiopian Electric Power is going to sign contract agreements with independent power producers for the construction of geothermal power plants in Corbetti and Tulu Moye localities in the Oromia Regional State.

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(Adapted from thinkgeoenergy, 2017)

IFC is providing $20 million in equity funding to the Africa Renewable Energy Fund (AREF) managed by Berkeley Energy, replacing an investor that stepped out. AREF is invested in the Corbetti geothermal project in Ethiopia.

 

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The Ethiopian Electric Power (EEP) is preparing to launch a combined tender for supplying two drilling rigs and accessories and drilling services and maintenance services for drilling of 8 -20 wells in Aluto, Ethiopia. 

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