Middle East
About This Project
Content coming soon
Project Updates
Addis Fortune – Ethiopia: Geothermal Energy Heats Up With Royalty Payment Exemption
The newly approved bill on geothermal resources exempts royalty payments for companies engaged in thermal resource development and exploration in the country. Last week, Parliament, which was dissolved on July, 8, 2016, was summoned for an urgent session and...
NEWENERGYEVENTS – Fortune favors the bold: St. Vincent moves swiftly to develop geothermal
In a region which has struggled to get its geothermal ducks in a row, everything appears to be coming together in Saint Vincent and the Grenadines, for what could be the first geothermal project built in the Caribbean in 30 years. “There’s no reason we should be the...
IFC – Ethiopia’s Full Steam Push for an Energy Breakthrough
Ethiopia needs to drill deep to achieve its goal of becoming carbon neutral by 2025. Literally. Below the country’s surface lies its energy future- over 7,000 megawatts of geothermal power potential. Geothermal energy is heat that’s generated from the earth’s core,...
Press Release – ENGIE and Reykjavik Geothermal cooperate in the field of geothermal energy in Mexico
ENGIE, the French utility, through its wholly owned subsidiary Storengy and Reykjavik Geothermal, the Icelandic geothermal development company, will jointly study the development of geothermal projects in Mexico. Following cooperation agreement between Iceland and...
Press Release – AUC signs grant agreement with Reykjavik Geothermal
Addis Ababa, Ethiopia, 30 November 2015: The African Union Commission (AUC), through its’ Department of Infrastructure and Energy, and Reykjavik Geothermal ehf signed a Grant Contract for financial support - totaling USD 1,314,000, to conduct surface study...
