Corbetti Geothermal
A substantial, high-grade geothermal reservoir in the middle of the African Rift valley.
Introduction to Corbetti Geothermal
One of the largest IPPs in Africa, the Corbetti Geothermal project aims to develop a resource conservatively defined as a 250–300°C high-grade geothermal reservoir.
The potential of this site, combined with Ethiopia’s rising population and economic momentum, makes it an invaluable prospect.
More About Corbetti Geothermal
The drilling tender for Corbetti Geothermal is already complete. The first phase of drilling is set to begin before 2022, and the project is expected to be operational in 2027.
Ideal Geothermal Location
Like its sister project, Tulu Moye, Corbetti is also located in the Oromia region of Ethiopia, within the Main Ethiopia Rift, a volcanically active zone that is part of the East African Rift Valley.
Extensive Studies Already Completed
Geothermal surface exploration studies successfully completed and strongly indicate a high enthalpy geothermal prospect for harnessing geothermal power.
Strong Geothermal Development Partners
Reykjavik Geothermal is working closely with Ethiopian Electric Power, under an agreement backed by the Government of Ethiopia.
Exploration Underway
Corbetti Geothermal’s exploration drilling is set to begin in 2022.
Companies Involved
Corbetti Project Updates
Civil Work starts in Corbetti Ethiopia
On May 23rd 2015 civil work started in the Corbetti Geothermal Project in Ethiopia. The Corbetti geothermal site is developed by Corbetti Geothermal PLC, a local Ethiopian company, and it is estimated that the total installation will be of 500 MW electric power....
CF/LA Infrastructure – RG Among Winners for Infrastructure Projects of the Year
NEW YORK -- CG/LA Infrastructure Inc. announced the recipients of their prestigious 2015 Global Projects of the Year Awards during the 8th Global Infrastructure Leadership Forum in New York City. All projects were presented at the...
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...
Bloomberg – Reykjavik Plans to Start $2 Billion Ethiopian Power Project
Reykjavik Geothermal, the Icelandic power-plant builder, plans to begin drilling in Ethiopia by July as part of a $2 billion project to develop the renewable energy source, Chief Operating Officer Gunnar Orn Gunnarsson said. Ethiopia’s government...
ERTA – 4 billion USD Corbetti Geothermal power agreement signed
The signing ceremony at the Sheraton Addis officially launches the establishment of Corbetti Geothermal Power as an Ethiopian based company for geothermal development and operations. The total cost of the power project is 4 billion USD. Reykjavik Geothermal, an...
Our Projects
We have 7 current projects—2 in construction and 5 in development. From Mexico to Ethiopia, we are actively developing some of the most massive geothermal sites on Earth.
