IFC – Ethiopia’s Full Steam Push for an Energy Breakthrough

IFC – Ethiopia’s Full Steam Push for an Energy Breakthrough

Ethiopia needs to drill deep to achieve its goal of becoming carbon neutral by 2025. Literally. Below the country’s surface lies its energy future- over 7,000 megawatts of geothermal power potential. Geothermal energy is heat that’s generated from the earth’s core,...
IFC – Ethiopia’s Full Steam Push for an Energy Breakthrough

Signing of Grant Agreement with GRMF

Today 30 November 2015 Reykjavik Geothermal signed grant agreement with the Geothermal Risk Mitigation Facility (GRMF) for the Tulu Moye Geothermal Development Project in Ethiopia and first disbursement request was handed in. H.E. Ms Dr Elham Mahmoud Ahmed Ibrahim,...
IFC – Ethiopia’s Full Steam Push for an Energy Breakthrough

Geothermal Risk Mitigation Facility for Eastern Africa (GRMF)

Project ID: ITF-39Countries: Burundi, Ethiopia, Kenya, Rwanda, Tanzania, Uganda  The Facility aims to increase production of clean and reliable energy to supply power grids in Eastern Africa by attracting public and private developers and to mobilise...