Iceland, Ethiopia:

Reykjavík Geothermal to Begin Drilling in Ethiopia (nazret.com)

Reykjavík Geothermal and the African Union will sign a USD 8 million (EUR 5.8 million, ISK 900 million) contract today allowing Reykjavík Geothermal to start drilling in the Ethiopian Rift Valley as part of two 500 MW power plants under construction as part of the Corbetti Geothermal Power Project. The energy produced by the power plants will be sold to the state electrical company Ethiopian Electric Power (EEP).

The contract will be signed by Dr Elham Mahmoud Ahmed from the African Union and Þorleifur Finnsson from Reykjavík Geothermal, visir.is reports.

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