(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.
The 2018 Hydropower Status Report offers insights and trends on the hydropower sector. Now in its fifth edition, the report provides information and statistics on installed capacity and estimated generation by country and by region, articles by leading energy and environment ministers, and results of a sector-wide survey on the future of hydropower. In the report, Ethiopia tops Africa by having an installed capacity of 3822MW, followed by South Africa with 3,595 MW, Egypt with 2,844 MW and DR Congo with 2,593 MW.
(voith news-room /press-releases,14 May 2018)
Technology group Voith opened its new East Africa Hub in the Ethiopian capital Addis Ababa. In doing so the company is highlighting its active contribution to the development of electricity generation from hydropower in East Africa. From now on, the technology group will be planning and coordinating projects in nine countries in the east of the continent from this new facility. The opening ceremony was attended by Ethiopia's State Minister of Water, Irrigation and Electricity Dr. Frehiwot Woldehanna, German ambassador to Ethiopia Brita Wagener, Uwe Wehnhardt, CEO of Voith Hydro and Member of the Corporate Management Board, and numerous guests from the business and political arenas.