East Africa: GRMF Pre-Qualifies 14 Geothermal Power Projects for Funding

Geothermal Funding Group Pre-qualifies $65M for East Africa Projects (Renewable Energy World)

The Geothermal Risk Mitigation Facility (GRMF) for East Africa recently said it has pre-qualified developers for $65 million in funding of 14 geothermal projects in Kenya, Ethiopia, Djibouti, Uganda, Tanzania, Rwanda and Comoros.

Of the 14 projects, seven are surface studies and seven are drilling programs. Five of the projects are located in Kenya, which currently has the largest share of installed geothermal capacity in Africa at 579 MW, according to the report Africa 2030: Roadmap for a Renewable Energy Future. The report, which was released by the International Renewable Energy Agency on Oct. 5., said that Africa currently has a total of 606 MW of installed capacity, and the total potential geothermal capacity in Africa is estimated to be 15 GW. The country’s geothermal potential is primarily located in East Africa along the Rift Valley.

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