Egypt and Sudan took another step toward cooperating with Ethiopia on the hydro-power dam it’s building on the Blue Nile river after the three nations’ leaders signed an accord on Monday.
CG/LA Infrastructure Inc. announced the recipients of their prestigious 2015 Global Projects of the Year Awards during the 8th Global Infrastructure Leadership Forum in New York City. All projects were presented at the Leadership Forum and the winners were selected in five categories by industry executives around the world.
Reykjavik Geothermal received an award from Creditinfo for being one of the strongest Icelandic companies in 2014.
Reykjavik Geothermal and the African Union signed a grant contract for an amount of up to $8 million as part of the GRMF for the drilling of two wells of the Corbetti geothermal power project in Ethiopia at an international donor meeting in Reykjavik, Iceland.
Reykjavik Geothermal, the Icelandic power-plant builder, plans to begin drilling in Ethiopia by July as part of a $2 billion project to develop the renewable energy source, Chief Operating Officer Gunnar Orn Gunnarsson said.
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.