facebook
twitter
rss
account
search
search
 

Ethiopia embraces geothermal power

July 5, 2012 at 11:49 AM   |   Comments

ADDIS ABABA, Ethiopia, July 5 (UPI) -- The Ethiopian Geological Survey wants to increase the country's geothermal power generation.

EGS director Masresha Gebreselassie said Ethiopia is interested in generating 450 megawatts of electricity from geothermal power in Abaya, Alto, Fentale, Kerbito, Tendaho and Tulu Moye by 2019.

In early May Ethiopia received a $50 million grant from the Climate Investment Fund after Ethiopia's investment plan, submitted to the CIF's Scaling Up Renewable Energy Program for Low Income Countries, was approved by CIF committee members, the Ethiopian News Agency reported Wednesday.

The African Development Bank, as the implementing agency of the Climate Investment Fund, represented African interests at the meetings held in Washington.

Ethiopia's investment plan calls for the African Development Bank to offer investment and technical support to execute Phase II of the country's Aluto Langano geothermal and Assela Wind Farm projects. Under the terms of the CIF's Scaling Up Renewable Energy Program for Low Income Countries, the ADB is expected to inject $23 million in investment for the Aluto Langano and Assela projects.

Topics: Phase II
© 2012 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
Tesla could face sales ban in Michigan Tesla could face sales ban in Michigan
2
Early completion of refit of Italian aircraft carrier Early completion of refit of Italian aircraft carrier
3
Europe must drop the euro, Germany abandon mercantilism Europe must drop the euro, Germany abandon mercantilism
4
Russia doesn't fear Azeri gas, scholar says Russia doesn't fear Azeri gas, scholar says
5
British Reaper UAVs join the fight against Islamic State British Reaper UAVs join the fight against Islamic State
Trending News
Around the Web
x
Feedback