News & Updates
Abaya Geothermal Exploration Licenses
Reykjavík Geothermal's Abaya and Tulu Moye concessions have up until now been covered by the same exploration license. The Abaya concession is located in the SNNPR (Southern Nations and Nationalities People's Region) region, and Tulu Moye in the Oromia Region of Ethiopia. The work has now been completed to split this exploration license into separate licenses for each region.
National Plan for Land Protection & Energy: Bolaalda
Early February 2020, the Bolaalda project was approved by the Icelandic National Energy Authority (Orkustofnun) and sent to the steering committee of the National Plan for Land Protection and Energy Development (verndar- og orkunýtingaráætlun, rammaáæltun) – for assessment in terms of land protection or energy development.
Indicative findings from MT resistivity studies in Bolaalda, Iceland
Reykjavík Geothermal's team of geoscientists carried out MT (magnetotelluric) measurements of the Bolaalda area in Ölfus, Iceland, in late 2020. Tentative findings indicate a high temperature reservoir in Bolaalda that is located deeper than in the adjacent areas of Hengill and Hellisheiði.
Abaya Environmental Clearance
The Abaya project in Ethiopia has been approved based on results of the ESIA.
The Reporter: Company Embarks on USD 2 bln Geothermal Project
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.
GRMF for Eastern Africa: AUC Signing GRMF Grant Agreement with Reykjavik Geothermal in Ethiopia
On 10 April 2018, the AUC signed another GRMF Grant Contract for the Abaya surface study project of Reykjavik Geothermal in Ethiopia. The agreement was signed by the AUC Commissioner for Infrastructure and Energy, H.E. Dr Amani Abou-Zeid, and the Country Manager for Ethiopia, Mr. Jón Örn Jónsson, in the AUC HQ in Addis Ababa, Ethiopia on 10 April 2018. The Director for the Infrastructure & Energy Department, and Chairperson of the GRMF Oversight Committee, Mr. Cheikh Bedda, as well as the Head of the Energy Division, and GRMF Project Manager, Mr. Rashid Ali Abdallah, congratulated Mr. Jón Örn Jónsson in person for this achievement.