Feb 22, 2016
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,...
Jul 29, 2015
Addis Ababa July 27/2015 Ethiopian Electric Power and the Corbetti Geothermal Company have signed a Power Purchase Agreement for the first 500 megawatts.The four billion USD that generates 1,000 MW by Corbetti geothermal plant will be built in two stages within 8 to10...
May 27, 2015
On May 23rd 2015 civil work started in the Corbetti Geothermal Project in Ethiopia. The Corbetti geothermal site is developed by Corbetti Geothermal PLC, a local Ethiopian company, and it is estimated that the total installation will be of 500 MW electric power....
Mar 8, 2015
NEW YORK — 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...
May 28, 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. The...
Mar 13, 2014
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. Ethiopia’s government...
