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Energy Finance & Investment News in Ethiopia

Denmark to finance wind project in Ethiopia

Denmark to finance wind project in Ethiopia

🕔May 31, 2018

The Governments of Ethiopia and Denmark have signed a financing arrangement to support the 100 MW Assela wind farm, located on the edge of the Rift Valley, 150km north of the capital Addis Ababa.

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IPPToday #122: PPAs signed for US$4 billion geothermal projects in Ethiopia

IPPToday #122: PPAs signed for US$4 billion geothermal projects in Ethiopia

🕔Dec 22, 2017

Ethiopian Electric Power (EEP) has signed power purchase agreements (PPAs) with Corbetti Geothermal Power regarding two 500 MW geothermal projects in the Main Ethiopian Rift Valley that require a total investment of US$4 billion

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Ethiopia launches RFQ for 250 MW solar project

Ethiopia launches RFQ for 250 MW solar project

🕔Oct 11, 2017

The Ethiopian Electric Power (EEP) launched a Request for Pre-Qualification (RFQ) for the development of two solar photovoltaic projects totaling 250 MW.

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Chinese firm to develop wind farm in Ethiopia

Chinese firm to develop wind farm in Ethiopia

🕔Jun 29, 2016

Dongfang Electric Corporation Limited (DECL) has closed an agreement with Ethiopina Electric Power Utility (EEPU) for the development of a wind farm located 20 kilometers distance from Ethio-Djibouti border in Aisha area, Ethiopia.

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Black Rhino Group says Ethiopia-Djibouti fuel pipeline project is feasible

Black Rhino Group says Ethiopia-Djibouti fuel pipeline project is feasible

🕔Mar 10, 2016

Black Rhino Group, backed by Black Stone Group, has finally proposed to the Ethiopian government to build the 550 km multi-product pipeline from port access in Djibouti to central Ethiopia.

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Ethiopia to tender 300 MW of solar energy

Ethiopia to tender 300 MW of solar energy

🕔Jan 26, 2016

The Ministry of Water, Irrigation and Electricity (MoWIE) of Ethiopia has announced plans to select developers to generate 300 MW from solar energy through a tender process to see light in the next months.

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Black Rhino and MOGS Oil & Gas Services get greenlight for $1.55BN Horn of Africa Fuel Pipeline Project

Black Rhino and MOGS Oil & Gas Services get greenlight for $1.55BN Horn of Africa Fuel Pipeline Project

🕔Oct 5, 2015

Energy infrastructure companies Black Rhino and MOGS Oil & Gas Services (BRM), together with the Governments of Djibouti and Ethiopia today signed Framework Agreements for the construction of a 550km fuel pipeline system running through Djibouti and Ethiopia in The Horn of Africa.

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Ethiopia signs 500 MW Geothermal Power Project

Ethiopia signs 500 MW Geothermal Power Project

🕔Aug 10, 2015

Ethiopian Electric Power and Corbetti Geothermal Plc have signed Ethiopia’s first independent power purchase agreement for the 500 MW first phase of the Corbetti geothermal power project in Ethiopia.

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Several wind projects under development in Ethiopia

Several wind projects under development in Ethiopia

🕔Feb 20, 2015

According to the External Communications Director at Ethiopian Electric Power (EEP), Miskir Negash, Ethiopia is embarking on a green economy strategy, in which wind power is a key component.

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Blackstone backs Black Rhino to invest in African infrastructure and power development

Blackstone backs Black Rhino to invest in African infrastructure and power development

🕔Aug 4, 2014

Global asset management firm Blackstone announced that it has partnered with Black Rhino, an African infrastructure development company, to identify, develop, finance, construct and operate large-scale infrastructure projects across Sub-Saharan Africa with a focus on the energy sector, including power generation, transmission, fuel storage and pipelines.

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Standard Chartered more than doubles its commitment to Power Africa to $5 billion

Standard Chartered more than doubles its commitment to Power Africa to $5 billion

🕔Aug 1, 2014

Standard Chartered is more than doubling its commitment to ‘Power Africa’ by increasing its pledge from US$2 billion to US$5 billion, after reaching its initial commitment in 12 months.

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