At Addis Ababa’s request, Meridiam takes the heat off the Tulu Moye geothermal site
The infrastructure giant has lowered production targets at its future geothermal site, respecting local government wishes.
Someone shares this article with you
▪ At Addis Ababa’s request, Meridiam takes the heat off the Tulu Moye geothermal site
▪ The infrastructure giant has lowered production targets at its future geothermal site, respecting local government wishes.
▪ https://www.africabusinessplus.com/en/804005/a-la-demande-daddis-abeba-meridiam-reajuste-le-tir-sur-le-site-geothermique-tulu-moye/
Signed at the end of 2017, the first power purchase agreements were based on an initial capacity of 500 MW to be delivered by 2025. But fast-forward to 1 April this year and the newly signed agreements between Tulu Moye Geothermal Operations (TMGO), the joint venture operating the project, public company Ethiopian Electric Power and the Ethiopian government, see this figure reduced to 150 MW by 2025, with an initial phase aiming for 50 MW by 2023.
This article is for subscribers only. To read more, subscribe with a special offer.
You are connected to your Jeune Afrique account but your Africa Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.
Recommended articles
Renewable energies
20/12/2022 at 19h01, by Africa Business+
Tulu Moye 50 MW geothermal power plant in Ethiopia will cost $330 million
The total cost of the plant, developed by TMGO, will be confirmed once drilling to assess steam resources...
Renewable energies
24/10/2022 at 16h49, by Africa Business+
Meridiam replenishes its coffers for Ethiopian geothermal power plant
The energy project has been in the pipeline for several years and continues to attract funding despite...
Renewable energies
07/05/2021 at 17h21, by Africa Business+
Geothermal energy: EIB’s Werner Hoyer plans strong comeback in East Africa
After pulling out of a major Kenyan project in 2019, the institution is looking at new funding in the...
Energy
29/03/2021 at 16h50, by Africa Business+, updated 30/03/2021
Ethiopia: Thierry Déau of Meridiam and Icelandic partner secure guarantee for Tulu Moye
Through its joint venture, the two investors obtained a MIGA guarantee for their equity contributions...
Construction & Infrastructure
23/03/2020 at 15h29, by Gaëlle Arenson
Colas in line for construction work on the Transgabonaise highway (Arise/Meridiam)
Jeune Afrique Business+ has learned that the construction company owned by the Bouygues group has submitted...
Renewable energies
17/12/2019 at 17h31, by Africa Business+, updated 18/12/2019
Côte d’Ivoire: the team chosen by EDF, Meridiam and SIFCA to head their biomass-to-energy project
On 9 December, the three companies signed a 25-year concession agreement with the Côte d’Ivoire government...
Any questions ? contact us
Please get in touch with the Africa Business+ team if you require any further information.
Email us : customer.care@africabusinessplus.com
Add AB+ to your home screen
1. Click on at the bottom of your screen.
2. Click on to add AB+ on the home screen.
3. Enter the name of the shortcut and confirm.