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Iceland to lead geothermal projects in Tenerife – drilling to begin this autumn

by | May 23, 2025 | Company News, Project Updates, Tenerife | 0 Comments

Reykjavík Geothermal co-leads sustainable initiative in the Canary Islands For the first time in Tenerife’s history, geothermal...
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Bolaalda Project Prioritized for Development

by | July 1, 2024 | Bolaalda, Company News, Project Updates | 0 Comments

June 2024 marked a major milestone for Reykjavík Geothermal in the development of the 100 MWe / 133 MWth Bolaalda project, as...
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Reykjavík Geothermal and DISA secure €58 million EU grant for geothermal projects in the Canary Islands

by | December 15, 2023 | Company News, Tenerife | 0 Comments

Reykjavík Geothermal and DISA have achieved a significant milestone in their joint effort to bring geothermal energy to the...
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Reykjavík Geothermal and DISA secure licenses to advance geothermal projects in Tenerife

by | August 10, 2023 | Company News, Tenerife | 0 Comments

Reykjavík Geothermal, in partnership with DISA, has secured licenses to develop geothermal power projects in Tenerife, a...
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Corbetti Geothermal Press Release: Drilling-Tender

Corbetti Geothermal Press Release: Drilling-Tender

Nov 20, 2020 | ,

Corbetti Geothermal PLC is very pleased with the results of the Pre-Qualification for the provision of drilling services and material for 26 geothermal wells in the Corbetti caldera. The companies participating the ongoing tender represent some of the strongest drilling companies in the world and the result shows strong international interest in geothermal development in East Africa. The successful companies are listed in alphabetical order as the following:

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US International Development Finance Corporation invests $1.5 million to the Tulu Moye Geothermal Project

US International Development Finance Corporation invests $1.5 million to the Tulu Moye Geothermal Project

Oct 15, 2020 | ,

A commitment of $1.5 million USD has been made to the Tulu Moye Geothermal Project by the US Development Finance Corporation. The investment will go towards the technical development of the Tulu Moye Geothermal Power Plant, in Ethiopia. The first phase of the project consists of a 50 MW geothermal power plant. With the completion of the following project phases, the project will ultimately generate 150 MW towards the baseload electricity needs of the Ethiopian Electricity Grid.

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Drilling in Tulu Moye: Covid-19 Update

Drilling in Tulu Moye: Covid-19 Update

Jul 6, 2020 | ,

The covid-19 pandemic brought a pause to the drilling operations in Tulu Moye that had started in the first week of March 2020. After monitoring the covid situation in Ethiopia and having health and safety measures ready for the upcoming situation, Reykjavík Geothermal is happy to announce that on Monday, July 6th, the drilling crew has arrived back on-site and are ready to recommence the drilling of well GA-1, the first exploration well in the long-awaited Tulu Moye Geothermal project.

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