Market News | POWER & ENERGY ETHIOPIA 2026

Market News

  • Ethiopia signs $800 million geothermal power purchase agreement

    Posted on :Friday , 7th August 2020

    Ethiopia has recently signed a power purchase agreement worth $800 million with the developers of a 150 MW geothermal plant.

    The Horn-of-Africa nation, which is also the second most populated on the continent, has the second biggest electricity deficit in Africa according to the World Bank, with about two thirds of the population requiring a connection to the grid.

    Prime Minister . . .

  • The Electricity Initiative Touches 70 mln People

    Posted on :Tuesday , 3rd December 2019

    Power Africa, a five-year American presidential initiative introduced by former President Barack Obama, has actively created 15 million new electrical connections bringing electricity to 70 million people.

    The US government-led initiative that aims to double access to electricity in Sub-Saharan Africa was launched in 2013. It has a goal to add 30,000 megawatts of new power generation and. . .

  • Ethiopia to upgrade Gilgel Gibe II power plant

    Posted on :Monday , 2nd December 2019

    Ethiopia has announced plans to upgrade certain equipment at the Gilgel Gibe II hydroelectric power plant after a successful conference held in Berlin, the German capital. Voith Hydro East Africa, the subsidiary of the German company Voith Hydro, has been chosen by the Ethiopian authorities to undertake the major project.

     

    The contract was signed in Berlin by Seleshi Bekele, E. . .

  • Ethiopia Looks for Chinese Collaboration in energy sector

    Posted on :Friday , 8th November 2019

     Ethiopia is seeking to boost energy approach in the country, and it looks forward to more cooperation and involvement of Chinese companies that could acomplish the existing opportunities in the East African country, the Ethiopian State Minister of Water, Irrigation and Energy, Firehiwot Woldehana, noted.

    Speaking at the China-Africa Energy Cooperation Forum in Ethiopia's capital Ad. . .

  • Konar Energy is Ready to Explore Ethiopia Market At Power & Energy Ethiopia 2020

    Posted on :Friday , 10th January 2020

    Konar Energy is all set to venture into the Ethiopian market by stepping into the third edition of POWER & ENERGY Africa in Ethiopia, taking place at the Millennium Hall, Addis Ababa, from 24 - 26 February, 2020

    Konar Energy , established in 2013 with the slogan Temiz Clean energy for future generations' ; is a 100% subsidiary of. . .

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