NewEnergyNews: ICELAND GEOTHERMAL LOOKS TO ETHIOPIA

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    Friday, July 24, 2015

    ICELAND GEOTHERMAL LOOKS TO ETHIOPIA

    Ethiopia: Iceland Investors Keen to Engage in Geothermal Energy Dev't in Ethiopia

    19 July 2015 (The Ethiopia Herald via AllAfrica)

    “Minister for Foreign Affairs of Iceland said his government will support investors from Iceland to engage in the development of geothermal energy in Ethiopia…[Like Iceland, Ethiopia] has abundant geothermal energy potential…[Reykjavik Geothermal Ltd (RG), has] engaged in the development of geothermal energy in Ethiopia with 4 billion USD…[and expects to] generate 1, 000 MW…With its [recent history of a] durable peace and security, [Icelandic developers see Ethiopia as] conducive for investment…[C]ompanies from Israel and England are [also studying Ethiopian geothermal development]…” click here for more

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