Ethiopian Energy^Power Business Portal

(atlanticcouncil/J. PETER PHAM, 3 April 2018)

The April 2 anniversary of the laying of the foundation stone of the Grand Ethiopian Renaissance Dam (GERD) in 2011 passed largely unremarked amid the cascade of momentous news coming recently from Ethiopia, including several years of unrest, the sudden release of thousands of detainees in mid-February, the resignation of the prime minister one day later, the declaration of a state of emergency the day after that, as well as the ensuing intense deliberations within the governing Ethiopian People’s Revolutionary Democratic Front, culminating in the election of a new coalition chairman and his swearing-in this week as prime minister, the first such constitutional handover in the millennial history of the Ethiopian state. Yet it would not be an exaggeration to say that, as the GERD approaches completion, its strategic geopolitical and socioeconomic impact on Ethiopia and, indeed, the entire Northeast Africa region may prove greater than of any of the developments that have lately filled the news.

0
0
0
s2smodern

 

(Alastair Leithead/bbc, 24 Feb 2018)

A new dam on the Nile could trigger a war over water unless Ethiopia can agree a deal with Egypt and Sudan, writes the BBC's Africa Correspondent Alastair Leithead.

It is often said the world's next world war will be fought over water and there are few places as tense as the River Nile.

0
0
0
s2smodern

Effective September 27, 2018, importers of solar energy appliances are no longer subject to quality assessment processes and invoice guarantee payments. The Ministry of Trade exempted importers from payments made to obtain import authorisation certifications. For sample during inspection processes, importers were expected to pay 19,000 Br and deposit 0.5pc of the total import value as an invoice guaranty.

Solar panels, batteries, battery chargers, controllers and power inverters had previously been mandated to pass through conformity assessment procedures at custom clearance points that inspect the quality of the products. As of the end of September, the companies will avoid this inspection process. However, they will still be required to bring products on par with international conformity certificate standards. Currently, a total of 386 solar equipment importers are operating in the country.

0
0
0
s2smodern

Amid budgetary support, the World Bank Group (WBG) has approved a commitment of USD 1.2 billion to Ethiopia this week, the International Finance Corporation (IFC) – the private sector arm of the WB – said that it is working on a solar power program that will help generate 500 megawatt of electricity in the country. In an exclusive interview with The Reporter, Sergio Pimenta, vice president of IFC in the Middle East and Africa said that IFC is running a program called “Scaling Solar” in which the development financier will scale-up investments for the production of 500MW of solar power.

“IFC has launched scaling solar in Ethiopia. The project’s total scale arrays up to 500 megawatts (MW) and the first phase is 250MW. Once completed the solar project is going to be the largest in Africa,” said Sergio Pimenta.

0
0
0
s2smodern