The Reykjavik Geothermal drilling project in St. Vincent and the Grenadines was the first of its kind in the country. Therefore, the project was setting many precedents for environmental and social (E&S), and health and safety (H&S) standards.
GRMF presents first payments for the drilling grants of both Tulu Moye and Corbetti geothermal projects
Early in the first quarter (February 2021), both the Tulu Moye and Corbetti geothermal projects have received their first payments for the drilling grant established by the Geothermal Risk Mitigation Facility (GRMF) for Eastern Africa.
Corbetti Geothermal Project reaches Effectiveness from Ethiopian Government
Since the approval of the Geothermal Proclamation Amendment by the Government of Ethiopia in May 2020, Reykjavik Geothermal is pleased to announce that the Corbetti Geothermal project has reached effectiveness! All of the project’s condition presidents have been fulfilled, and the project is ready to move forward at full steam ahead.
Tulu Moye geothermal project approved for MIGA coverage of the World Bank Group
RG is happy to announce that the Tulu Moye geothermal project has been approved for coverage from the Multilateral Investment Guarantee Agency (MIGA) of the World Bank Group. MIGA is a member of the World Bank Group that promotes cross-border investment in developing...
Reykjavík Geothermal embarks on a second consulting project with BBA//Fjeldco Law Firm, Verkís Engineering and Iceland Geosurvey
For Reykjavík Geothermal, the new year marked the start of a new consulting project in collaboration with three other well-known entities in Iceland: the law firm BBA//Fjeldco, Verkís Engineering, and Iceland Geosurvey. The client is the Comoros Government where the project entails the preparation of the legal framework for geothermal and other renewable energy sources in Comoros. The Comoros is a volcanic archipelago just past of Africa’s eastern coast.
Tulu Moye Geothermal Project reaches Effectiveness from the Ethiopian Government
Since the approval of the Geothermal Proclamation Amendment by the Government of Ethiopia in May 2020, Reykjavik Geothermal is pleased to announce that the Tulu Moye Geothermal project has reached effectiveness!