Ethiopia to Generate 300MW Solar Energy
October 29, 2014
By Neamin Ashenafi
The Ethiopian Electric Power headed by Engineer Azeb Asnake signed on Oct.14 a Memorandum of Understanding (MoU) with a US-based company Green Technology Africa Inc. (GTA) to generate 300 megawatts of solar energy.
The partnership signifies the collaboration of the government and the private sector which aims at supporting Ethiopia’s green development strategies with the underlined expectations and demands of the Growth and Transformation Plan (GTP), Dereje Mesfin, CEO GTA Inc, told The Reporter.
The CEO also told The Reporter that based on the signed MoU GTA had agreed to deliver 300 megawatts of solar generated photovoltaic system as a turnkey project in areas such as Dire Dawa, Kombolcha and Desse areas of the Amhara Regional State.
The proposal of the project was submitted to the Ministry of Water, Irrigation and Energy about a year ago and the generated 300 megawatts of solar power will be linked to the national grid.
The company has completed the pre-feasibility study to implement the project and the signing of the MoU will grant GTA the ability to start a full and complete feasibility study on specific region. The project is estimated to be worth USD 600 million and, according to the MoU, GTA is expected to set up shop in Ethiopia within the next six months.
Nkemnji Global Tech
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