Reported last week, Kuwait has granted funding of $27 million to support the geothermal development program in Djibouti, Africa.
This was reported in a statement from the Djiboutian Geothermal
Energy Development Office (ODDEG). According to the statement, The
Kuwaiti Development Fund (FKD) will provide a $27 million loan for the
drilling of 10 wells (eight production boreholes and two re-injection
boreholes) and a geothermal power plant with a capacity of 15 MW by the
year 2021.
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