The Geothermal Risk Mitigation Facility (GRMF) for East Africa has announced the results of the 3rd Application Round (AR) for funding.
Of the 18 projects represented in the pre-bidding workshop, 14 applications were submitted for GRMF financial support. These 14 applications (7 Surface Studies and 7 Drilling Programs) were submitted by ten (10) entities (6 public and 4 private) from seven - out of the eleven - GRMF countries (Comoros, Djibouti, Ethiopia, Kenya, Tanzania, Uganda and Rwanda).
GRMF announces that 7 projects qualified for grant award in the GRMF 3rd AR (2 Surface Studies and 5 Drilling Programs):
- Cluff Geothermal Ltd, Ethiopia - Fantale Drilling Programme
- L’Office Djiboutien de développement de l'Energie Géothermique ODDEG, Djibouti - Arta Surface Study
- Geothermal Development Company Ltd (GDC), Kenya - Paka Drilling Programme
- GDC, Kenya - Korosi Drilling Programme
- Cluff Geothermal Ltd, Ethiopia - Butajira Surface Study
- Bureau Géologique des Comores, Government of Comoros, Union of Comoros - Karthala Drilling Programme
- Energy Development Corporation Ltd, Rwanda - Kinigi Drilling Programme
The cumulative GRMF financial support – including potential continuation premium, for all qualified applications of the 3rd AR amounts to approximately USD 36.7 million.