RG has been active in a number of countries around the world.
In addition to pioneering the first geothermal developments in the United Arab Emirates in the Arabian Gulf, RG has for the last years prepared the development of one of the world’s largest geothermal resources in Southern Ethiopia. This massive resource is among the world’s largest geothermal sites. RG has acquired geothermal exploration licenses for promising concessions in Corbetti, Tulu Moye and Abaya regions where RG´s scientists have identified areas with temperatures up to 350°C. Reykjavik Geothermal and the Government of Ethiopia signed an agreement to develop as much as 1,000 megawatts in Ethiopia over the next 10 years.
Recently RG has completed series of geoscientific surveys in the Abaya area in Ethiopia, just north of Lake Abaya. The Abaya geothermal prospect is planned in Humbo Woreda, Wolayita Zone in the state of Southern Nations, Nationalities and Peoples Region (SNNPR). Environmental & Social Impact Assessment has been completed and ESIA has been submitted and approved by the Ministry of Water, Irrigation and Electricity. The ESIA includes Stakeholder Engagement Plan (SEP) and Resettlement Policy Framework (RPF).
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 announce this pre-qualification notice for geothermal drilling in the area of Corbetti in Ethiopia, to identify potential drilling contractors that are interested in participating in the Project.
Interested drilling contractors are invited to express their interest in making an integrated drilling contract with the Company for at least three geothermal exploration wells, and up to 26 productions wells. Additional information can be found in the below document.
Feedback will be provided to all firms that submit a Pre-Qualification.