Middle East
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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...
REUTERS – Ethiopia to get $4 billion investment for leap into geothermal power
Reykjavik Geothermal, whose Icelandic geothermal expertise is backed by U.S. investors, signed a deal with Ethiopia on Wednesday to construct a 1,000 MW geothermal power plant, Africa's largest, in the volcanically active Rift Valley. When complete, the project will...
IPS – St. Vincent’s Volcano Holds More Promise Than Peril
KINGSTOWN, Nov 12 2013 (IPS) - Weary of sky-high electricity prices, St. Vincent is following in the footsteps of another, decidedly un-tropical island nearly 4,000 miles away in its quest to harness clean geothermal power. A contingent of Icelandic scientists is here...
Jamaica Observer – St Vincent launches geothermal energy project
KINGSTOWN, St Vincent (CMC) – St Vincent and the Grenadines has launched its geothermal energy initiative that Prime Minister Dr Ralph Gonsalves believes will be a “potentially game changing initiative”. Prime Minister Gonsalves, speaking at the launch of...
