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Addis Fortune - Ethiopia: Geothermal Energy Heats Up With Royalty Payment Exemption NEWENERGYEVENTS - Fortune favors the bold: St. Vincent moves swiftly

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Addis Fortune - Ethiopia: Geothermal Energy Heats Up With Royalty Payment Exemption

By Tesfa Mogessie Royalty payments are still required in all non-renewable energy sectors The newly approved bill on geothermal resources exempts royalty payments for companies engaged in thermal resource development and exploration in the country.... Read more

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 ... Read more

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 t... Read more

Press Release - ENGIE and Reykjavik Geothermal cooperate in the field of geothermal energy in Mexico

Paris, December 7th, 2015ENGIE, 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 c... Read more

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... Read more

Signing of Grant Agreement with GRMF


Today 30 November 2015 Reykjavik Geothermal signed grant agreement with the Geothermal Risk Mitigation Facility (GRMF) for the Tulu Moye Geothermal Development Project in Ethiopia and first disbursement request was handed in. H.E. Ms Dr Elham Mahmou... Read more

Geothermal Risk Mitigation Facility for Eastern Africa (GRMF)

Project ID: ITF-39 Countries: Burundi, Ethiopia, Kenya, Rwanda, Tanzania, Uganda   The Facility aims to increase production of clean and reliable energy to supply power grids in Eastern Africa by attracting publ... Read more

Reykjavik Geothermal CEO invited by The Economist to speak at The Ethiopia Summit

Reykjavik Geothermal CEO, Mr Gudmundur Thoroddsson, was invited to speak at The Ethiopia Summit held by the Economist on "Driving continued growth"  in Addis Ababa 28-29 October, 2015. In a session on Energy in Focus: A realm of possibilities - Chai... Read more

Reykjavik Geothermal CEO attends the UN Climate Week in NYC

RG Chief Executive Officer Mr Gudmundur Thoroddsson attended and represented the company at the United Nations seventh Climate Week held 21-28 September 2015 in New York City. The Climate Week NYC brings together influential global figures and new vo... Read more

Reykjavik Geothermal sponsors Arctic Circle Assembly 2015

Reykjavik Geothermal was one of the sponsors of the Arctic Circle Assembly held in Reykjavik, 15-18 October, 2015. The Arctic Circle is designed to increase participation in Arctic dialogue and strengthen the international focus on the future of the ... Read more

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