Tulu Moye Geothermal

The first IPP project in Ethiopia brings together leading geothermal players from Africa and Iceland

Tapping Into Ethiopia’s Potential

High-enthalpy resources, a rising population, and an average GDP growth of 16% per year since 2005 make Ethiopia an ideal location for geothermal development.

The Tulu Moye project is breaking new ground for the people of Ethiopia and the green energy movement alike.

Woman using drill
Iceland Geothermal Deposits
Iceland Geothermal Deposits

More About Tulu Moye Geothermal

Tulu Moye Geothermal has commenced construction. Phase one drilling is expected to finish before 2023, with a planned commercial operation date before 2027.

Fully Licensed with All Permits Secured

All approvals for the Tulu Moye project have been secured, with environmental, social, and governance work successfully completed.

Geothermal Surface Exploration Completed

Extensive geological surveying in the region indicates high-temperature geothermal resources, estimated at 1500–2000 MW each.

Strong Geothermal Development Partners

Reykjavik Geothermal is working closely with Ethiopian Electric Power, under an agreement backed by the Government of Ethiopia.

Fully Equity Financed

RG has partnered with Meridiam, a global asset management firm that develops, finances, and manages long-term public infrastructure projects.

Companies Involved

kengen logo
meridiam logo
tulu moyo geothermal logo
geothermal risk mitigation facility for eastern africa

Tulu Moye Project Updates

First Steam Encountered in Tulu Moye well GA-1

First Steam Encountered in Tulu Moye well GA-1

Reykjavík Geothermal along with Tulu Moye Geothermal Operations PLC (TMGO) is excited to announce that the first geothermal exploration well in the Tulu Moye concession, known as well GA-1, has hit steam! The steam was encountered at a depth of 650 m....

Drilling in Tulu Moye: Covid-19 Update

Drilling in Tulu Moye: Covid-19 Update

The covid-19 pandemic brought a pause to the drilling operations in Tulu Moye that had started in the first week of March 2020. After monitoring the covid situation in Ethiopia and having health and safety measures ready for the upcoming situation, Reykjavík...

Drilling officially started for Tulu Moye Geothermal Project

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 the project area located in the Oromia Region, Ethiopia. This long-awaited milestone was spearheaded by the independent...

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.