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The Government of Ethiopia and Ethiopian Electric Power sign key agreements with Corbetti Geothermal plc. Press Release: The Government of Ethiopia signs

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The Government of Ethiopia and Ethiopian Electric Power sign key agreements with Corbetti Geothermal plc.

19 December 2017. Addis Ababa, Ethiopia: Corbetti Geothermal plc (Corbetti), the Government of the Federal Democratic Republic of Ethiopia (GoE) and Ethiopian Electric Power (EEP) today signed an implementation agreement (IA) and a power purchase agr... Read more

Press Release: The Government of Ethiopia signs Agreements on 500 Megawatt Project in Tulu Moye

December 19, 2017: The Government of Ethiopia, Ethiopian Electric Power and Tulu Moye Geothermal, a joint venture between Meridiam and Reykjavik Geothermal (RG) finalized the contracts for the 520 megawatt geothermal power project in Tulu Moye, today... Read more

PRESS RELEASE: Reykjavik Geothermal - Addis Ababa, December 19th 2017

Reykjavik Geothermal (RG) is pleased to announce the signing of final project documentation for the two landmark geothermal power projects in Ethiopia, Tulu Moye and Corbetti. At a joint signing ceremony in Addis Ababa today, Tulu Moye Geothermal si... Read more

UNECA - Green approach to closing Africa’s huge infrastructure gap has immense benefits

Addis Ababa, 23 October 2017 (ECA) - Following a green approach to closing Africa’s huge infrastructure gap can create public and private value with co-benefits across a diverse range of stakeholders and goals, says Linus Mofor, Senior Environmental ... Read more

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

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