by Reykjavik Geothermal | Sep 5, 2018 | Company News, Corbetti, Tulu Moye
Tullu Moye Geothermal Operations Private Limited Company has embarked on the development a 520 MW geothermal project in the Oromia Regional State with an outlay of two billion dollars. The Tulu Moye Geothermal project is located in the Oromia Regional State, East...
by Reykjavik Geothermal | Dec 19, 2017 | Corbetti, Project Updates
19 December 2017. Addis Ababa, Ethiopia: Corbetti Geothermal plc (Corbetti), the Government of the Federal Democratic Republic of Ethiopia (GoE) and Ethiopian Electric Power (EEP) today signed an implementation agreement (IA) and a power purchase agreement...
by Reykjavik Geothermal | Oct 24, 2017 | Company News, Corbetti
Addis Ababa, 23 October 2017 (ECA) – Following a green approach to closing Africa’s huge infrastructure gap can create public and private value with co-benefits across a diverse range of stakeholders and goals, says Linus Mofor, Senior Environmental Affairs...
by Reykjavik Geothermal | Aug 4, 2016 | Company News, Corbetti
The newly approved bill on geothermal resources exempts royalty payments for companies engaged in thermal resource development and exploration in the country. Last week, Parliament, which was dissolved on July, 8, 2016, was summoned for an urgent session and...
by Reykjavik Geothermal | Feb 22, 2016 | Company News, Corbetti
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,...
by Reykjavik Geothermal | Jul 29, 2015 | Company News, Corbetti
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...
