Thursday, 05 July 2018

AFD-EU: € 8M geothermal project to support economic growth in Ethiopia

The French Development Agency (AFD) has approved a €8 million grant that will be directed towards the development of the Tendaho geothermal project in Ethiopia. The geothermal project is being implemented by Ethiopian Electric Power, in coordination with Geological Survey of Ethiopia. It is funded by the European Union, through the European Union Africa Infrastructure Trust Fund (EU-AITF). It aims to support Ethiopian economic growth by developing geothermal energy, a source that is reliable and low carbon, and thereby to improve its capacity for climate change adaptation. The activities will focus on developing a shallow reservoir in Tendaho in order to allow a sustainable exploitation with a capacity of an estimated 10MW, and on exploiting a deep reservoir by drilling wells at great depth.

Source: esi-africa