March 4, 2020 marked the commencement of exploration drilling for the Tulu Moye Geothermal Project where three exploration wells will be drilled in the project area located in the Oromia Region, Ethiopia.
Project Updates
St. Vincent Geothermal Project: Drilling Update
Since the geothermal drilling in the Caribbean island of St. Vincent and the Grenadines kicked off in May 2019, two exploration wells have been drilled with the third currently in the active drilling phase.
Bolaalda – Reconnaissance License
In December 2018, Reykjavik Geothermal obtained a reconnaissance license from Orkustofnun (the National Energy Authority in Iceland), to undertake surface exploration activities in and around the Bolaalda area in the Ölfus municipality in south-western Iceland, about...
First 50 MW of Tulu Moye geothermal project in Ethiopia targeted for 2022 completion
The past months have been significant for Tulu Moye Geothermal (TMGO). Since the Kenyan company KenGen won the drilling contract for the first phase of the Tulu Moye geothermal project in June 2019, the contract has now been signed between the two companies. The...
Bloomberg: The $4.4 Billion Energy Plan for Ethiopia
A recent article published by Bloomberg on May 27, 2019 highlights the exciting future prospects of Reykjavik Geothermal in Ethiopia in an interview with Gunnar Orn Gunnarsson, CEO of the company.
Press Release: St. Vincent Geothermal Project
St. Vincent Geothermal Company Limited (SVGCL) and Jardboranir hf. (Icelandic Drilling Company, IDC) have today, November 29th 2018, signed a drilling contract for drilling 4 wells in St. Vincent and the Grenadines.