News & Updates

GEOTHERMAL DRILLING IN CORBETTI, ETHIOPIA
Corbetti Geothermal PLC is developing a geothermal power project in the Corbetti caldera in Ethiopia. Reykjavik Geothermal (RG) along with Berkeley...

Geothermal Proclamation Amendment approved by the Government of Ethiopia
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...

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...

The Clean Technology Fund approves a $10 million loan to Tulu Moye Geothermal Project
The Tulu Moye Geothermal Project has been granted a $10 million concessional senior loan from the Clean Technology Fund. This loan will go towards...

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...

Drilling officially started for Tulu Moye Geothermal Project
March 4, 2020 marked the commencement of exploration drilling for the Tulu Moye Geothermal Project where three exploration wells will be drilled in...