GEOTHERMAL DRILLING IN CORBETTI, ETHIOPIA Drilling officially started for Tulu Moye Geothermal Project St. Vincent Geothermal Project: Drilling Update

Latest news


Corbetti Geothermal PLC is developing a geothermal power project in the Corbetti caldera in Ethiopia. Reykjavik Geothermal (RG) along with Berkeley Energy (BE), are the principal participants in the project. Reykjavik Geothermal is pleased to announc... Read more

Drilling officially started for Tulu Moye Geothermal Project

Tulu Moye drillsite for Well GA-1
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 ... Read more

St. Vincent Geothermal Project: Drilling Update

Since the geothermal drilling in the Caribbean island of St. Vincent and the Grenadines kicked off in May 2019, two exploration wells have been drilled with the third currently in the active drilling phase. The aim of the project is to deliver 10 MW... Read more

First 50 MW of Tulu Moye geothermal project in Ethiopia targeted for 2022 completion

Mr. Darrell Boyd and Mrs. Rebecca Miano
The past months have been significant for Tulu Moye Geothermal (TMGO). Since the Kenyan company KenGen won the drilling contract for the first phase of the Tulu Moye geothermal project in June 2019, the contract has now been signed between the two co... Read more

Bloomberg: The $4.4 Billion Energy Plan for Ethiopia

A recent article published by Bloomberg on May 27, 2019 highlights the exciting future prospects of Reykjavik Geothermal in Ethiopia in an interview with Gunnar Orn Gunnarsson, CEO of the company. Reykjavik Geothermal, along with company shareholder... Read more

Press Release: St. Vincent Geothermal Project

Signing of Drilling Contract
St. Vincent Geothermal Company Limited (SVGCL) and Jardboranir hf. (Icelandic Drilling Company, IDC) have today, November 29th 2018, signed a drilling contract for drilling 4 wells in St. Vincent and the Grenadines. The contract was signed by Sigurd... Read more

The Reporter: Company Embarks on USD 2 bln Geothermal Project

Tullu Moye Geothermal Operations Private Limited Company has embarked on the development a 520 MW geothermal project in the Oromia Regional State with an outlay of two billion dollars.  The Tulu Moye Geothermal project is located in the Oromia Reg... Read more

GRMF for Eastern Africa: AUC Signing GRMF Grant Agreement with Reykjavik Geothermal in Ethiopia

On 10 April 2018, the AUC signed another GRMF Grant Contract for the Abaya surface study project of Reykjavik Geothermal in Ethiopia. The agreement was signed by the AUC Commissioner for Infrastructure and Energy, H.E. Dr Amani Abou-Zeid, and the Cou... Read more

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


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