Ethiopia and UAE's AMEA Power Sign $600 Million Wind Farm Agreement

Posted on :Wednesday , 6th December 2023

Ethiopia has signed an agreement with United Arab Emirates' AMEA Power for the construction of a 300 megawatt wind farm at a cost of USD 600 million, its finance ministry said on 1st December 2023.

The Horn-of-Africa nation is turning to renewable energy to boost electricity coverage, which stood at 50 percent of the population in 2020 according to the World Bank, leaving 60 . . .

Ethiopia Uses Wind Energy to Produce 404 Megawatts of Power

Posted on :Tuesday , 14th November 2023

Ethiopian Electric Power (EEP) announced that the country has generated 404 MW of electricity from wind power.

EEP Corporate Communications Director Moges Mekonen told EPA that the country has reached the total production of 404 MW electric power from Wind power.

He noted that many citizens are getting electricity from the wind power plants that have been b. . .

Ethiopia Gains USD 39.73 Million in a Month from Power Export to Kenya

Posted on :Friday , 21st April 2023

Ethiopia provided 58.01 percent of Kenya’s January import of electricity. The drought in Kenya forced the country to import a record 68.48 kilowatt-hours of power due to reduced local hydro-power generation. Ethiopia was able to gain USD 39.73 million from the export.

Kenya started importing power from Ethiopia in November last year after the 2 countries en. . .

ETHIOPIA: 4th Resource to Assess Geothermal Resources in Two Regions

Posted on :Monday , 9th January 2023

Canadian company 4th Resource has been awarded a licence by the Ethiopian authorities to conduct geothermal surveys in 2 regions. The planned studies will measure the intensity of the geothermal resource with a view to developing this renewable energy in Ethiopia.

Ethiopia wants to increase the share of geothermal energy in its energy mix. As part of this policy, the Ethiopia. . .

Ethiopia Starts Exporting Electricity to Kenya

Posted on :Tuesday , 13th December 2022

Ethiopia has started exporting electricity to neighbouring Kenya following a week of testing of a new transmission line, Ethiopian Electric Power said.

The $500 million line has capacity to transmit 2,000 MW of electricity, potentially earning Ethiopia as much as $100 million annually.

“Ethiopia has completed activities to ensure uninterr. . .