Energy – New Business Ethiopia

Ethiopia eyes selling electric power to Gulf countries

January 14, 2019January 14, 2019 newbusinessethiopia

The Ethiopian Government expressed its plan to sell electric power to Gulf Countries by signing and agreement to launch feasibility study on Saturday.

Bankable energy projects in Africa secure funding

January 10, 2019January 10, 2019 newbusinessethiopia

The African Development Bank Group (AfDB) has approved a $32.5 million equity investment, which will be directed towards bankable energy projects within Africa.

METEC fails to deliver Ethiopia’s 4.1 billion birr power project

December 31, 2018December 31, 2018 newbusinessethiopia

Four years after the construction of Ethiopia’s 4.1 billion birr (around $150 million) Melka Sedi thermal power generation plant began, only less than 30% of the total project is completed.

Ethiopia’s fourth wind power project in progress

December 31, 2018December 31, 2018 newbusinessethiopia

The Ethiopian Electric Power (EEP), the state agency in charge of building power projects and generating energy, is currently undertaking the construction of the country’s fourth wind power project.

The state of ongoing hydropower projects in Ethiopia

December 30, 2018December 30, 2018 newbusinessethiopia

By Andualem Sisay Gessesse – From wind to solar ad hydropower, the government of Ethiopia is currently undertaking several power projects. The Ethiopian Electric Power (EEP), which is the state agency in charge of the construction of energy projects in the country, is undertaking construction of four hydropower, two geothermal, one wind farm and one […]

Reducing risk for private investment in off-grid energy

December 26, 2018December 26, 2018 newbusinessethiopia

By Oliver Waissbein – In 2011 Rwanda was literally in the dark– 89 percent of the country, about 9.4 million people, didn’t have power. It was one of the lowest electrification rates in the world.