Monday, July 27, 2015

Ethiopia:

Ethiopian Electric Power, Corbetti Geothermal Company Sign 500 MW PPA (Federal Government Communication Affairs Office of Ethiopia)

Ethiopian Electric Power and the Corbetti Geothermal Company have signed a Power Purchase Agreement for the first 500 MW.

The 1,000 MW Corbetti geothermal plant will be built in two stages within 8 to 10 years. Upon completion, it will be Africa’s largest geothermal facility.

The Corbetti Geothermal Power Project -- located 200 kilometers (124 miles) south of the capital Addis Ababa -- will be built in two phases, with the first 500 MW phase to be completed in 2018. The second phase is expected to be finished in 2021.