Ethiopia and Kenya today secured a $5 million grant from the Geothermal Risk Mitigation Facility (GRMF) for Eastern Africa to help develop geothermal energy.
The GRMF, established by the African Union Commission (AUC), gave Kenya, $4.25 million to help develop 200 MW of geothermal energy in the Bogoria-Silali area.
The Kenyan state-owned Geothermal Development Company (GDC) had secured approval for three projects including the 300 MWe geothermal project at Suswa, the AUC Commissioner for Infrastructure, Elham Ibrahim said at the signing ceremony.
Ethiopia, also secured $976.872 to conduct a study at its Dofan and Cobetti areas in the northern region of the country, and it is set to sign another $5.6 million agreement with the same body in the next two weeks to develop 300 MW.
Ethiopia’s State Minister for Mines, Tewodros Egziabher, said his country had the prospects of generating 10,000 MW from geothermal energy from 22 identified potential areas.