Ethiopia Signed U.S. $4 Billion Agreement to Develop a 1,000MW, Geothermal Farm


[Ethiopia Government]The government of Ethiopia concluded a contractual agreement with Reykjavik Geothermal, an Icelandic energy company, to develop a geothermal farm with a production capacity of 1,000MW. The USD four billion agreement will generate electric energy for both domestic consumption and neighboring export markets.