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Ethiopia Signs US$4b Geothermal Deal

AFRICANGLOBE - Ethiopia signed a US$4 billion deal Wednesday with American-Icelandic company Reykjavik Geothermal to develop a 1000-megawatt geothermal farm, officials said. When completed, the project to provide energy for both local consumption and export will be the largest source of foreign direct investment in Ethiopia.

Ethiopia Looks to Realise Its Geothermal Energy Potential

AFRICANGLOBE - Ethiopia, like its fellow Great Rift Valley countries, has enormous geothermal energy potential. However, the costs involved and the need for skilled expertise have, until now, been major obstacles. In late January, the Development Bank of Ethiopia announced that, over the next five months, it will offer an initial $20m to kickstart geothermal energy projects

Africa’s Largest Geothermal Power Plant Comissioned

AFRICANGLOBE - Kenyan President Mwai Kibaki on Monday unveiled the construction of one of the world's most ambitious geothermal energy power project that will help ensure adequate power supply in the country, while reducing the cost of electricity.

Kenya Full Steam Ahead to Sustainable Energy

There is clean energy in the ground in Kenya - a lot of it - and Kenya has already moved to start tapping the...