Nov 25, 2013
Reykjavik Geothermal, whose Icelandic geothermal expertise is backed by U.S. investors, signed a deal with Ethiopia on Wednesday to construct a 1,000 MW geothermal power plant, Africa’s largest, in the volcanically active Rift Valley. When complete, the project...
Nov 14, 2013
KINGSTOWN, Nov 12 2013 (IPS) – Weary of sky-high electricity prices, St. Vincent is following in the footsteps of another, decidedly un-tropical island nearly 4,000 miles away in its quest to harness clean geothermal power. A contingent of Icelandic scientists...
Nov 4, 2013
KINGSTOWN, St Vincent (CMC) – St Vincent and the Grenadines has launched its geothermal energy initiative that Prime Minister Dr Ralph Gonsalves believes will be a “potentially game changing initiative”. Prime Minister Gonsalves, speaking at the launch of...
Oct 24, 2013
ADDIS ABABA: Ethiopia signed a US$4 billion deal Wednesday with American-Icelandic company Reykjavik Geothermal to develop a 1000-megawatt geothermal farm, officials said. When completed, the project to provide energy for both local consumption and export will be the...
Oct 24, 2013
The signing ceremony at the Sheraton Addis officially launches the establishment of Corbetti Geothermal Power as an Ethiopian based company for geothermal development and operations. The total cost of the power project is 4 billion USD. Reykjavik Geothermal, an...