- The Abaya Geothermal Project is RG’s third project in Ethiopia.
- Located in the Southern Nations, Nationalities and People’s Region of Ethiopia, in the Southern Main Ethiopian Rift, which is a volcanically active system that is a part of the larger East African Rift System.
- Partnership with the Geothermal Risk Mitigation Facility (GRMF) of East Africa for the completion of successful surface exploration studies.
Abaya Project Updates
Press Release: The Government of Ethiopia signs Agreements on 500 Megawatt Project in Tulu Moye
December 19, 2017: The Government of Ethiopia, Ethiopian Electric Power and Tulu Moye Geothermal, a joint venture between Meridiam and Reykjavik Geothermal (RG) finalized the contracts for the 520 megawatt geothermal power project in Tulu Moye, today. The project...
PRESS RELEASE: Reykjavik Geothermal – Addis Ababa, December 19th 2017
Reykjavik Geothermal (RG) is pleased to announce the signing of final project documentation for the two landmark geothermal power projects in Ethiopia, Tulu Moye and Corbetti. At a joint signing ceremony in Addis Ababa today, Tulu Moye Geothermal signed a 520 MW...
Think Geoenergy – African Union and Reykjavik Geothermal sign grant agreement
Reykjavik Geothermal and the African Union signed a grant contract for an amount of up to $8 million as part of the GRMF for the drilling of two wells of the Corbetti geothermal power project in Ethiopia at an international donor meeting in Reykjavik, Iceland. The...