by Reykjavik Geothermal | May 13, 2021 | Project Updates, Tulu Moye
An EPC tender was issued for the Tulu Moye Geothermal Project at the end of November 2020. Technical bids have since then been received from 7 companies to conduct EPC in Tulu Moye. The EPC will aid the development of a 150 MW geothermal power plant with an...
by Reykjavik Geothermal | Feb 15, 2021 | Corbetti, Project Updates, Tulu Moye
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. GRMF is an...
by Reykjavik Geothermal | Jan 15, 2021 | Project Updates, Tulu Moye
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...
by Reykjavik Geothermal | Dec 23, 2020 | Project Updates, Tulu Moye
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! All of the project’s condition presidents have been...
by Reykjavik Geothermal | Dec 15, 2020 | Project Updates, Tulu Moye
An EPC tender was issued for the Tulu Moye Geothermal Project at the end of November 2020, around the same time of the spudding of the second geothermal exploration well in the concession area. The EPC will aid the development of a 150 MW geothermal power plant with...
by Reykjavik Geothermal | Nov 28, 2020 | Project Updates, Tulu Moye
The second out of three exploration wells of the Tulu Moye Geothermal Project, GA2, was spudded on November 28, 2020. The drilling of the first exploration well of the project, GA1, was completed earlier in the month on November 7th. The project area is located in the...
