Reykjavík Geothermal along with Tulu Moye Geothermal Operations PLC (TMGO) is excited to announce that the first geothermal exploration well in the Tulu Moye concession, known as well GA-1, has hit steam! The steam was encountered at a depth of 650 m....
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.
May 22, 2020 marked a monumental shift for the geothermal sector of Ethiopia. The cabinet of Ethiopia, known as the Council of Ministers, came into agreement to send the Geothermal Proclamation Amendment to the Federal Parliamentary Assembly of Ethiopia for review....
The Tulu Moye Geothermal Project has been granted a $10 million concessional senior loan from the Clean Technology Fund. This loan will go towards the development of the first phase of the project – a 50 MW geothermal power plant. Ultimately, the project will generate 150 MW towards the baseload electricity needs of the Ethiopian Electricity Grid
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.
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...