The Ethiopia geothermal energy project in Tendaho has secured €8m ($9.4m) in funding from the EU via its Africa Infrastructure Trust Fund, which adds to existing investments made by the French Development Agency (AFD). The funding will allow drilling to be completed. The deal was one of two agreements – in the first of which the AFD gave $12m for urban development in Tendaho. AFD has also already provided €9m for the Ethiopia plant project, which was implemented by power supply company Tendahon Electric Power and the Geological Survey of Tendaho. Ethiopia will have a capacity of 10 MW.
The Tendaho geothermal energy project in Ethiopia has secured €8m ($9.4m) in funding from the EU via its Africa Infrastructure Trust Fund, which adds to existing investments made by the French Development Agency (AFD). The funding will allow drilling to be completed. The deal was one of two agreements – in the first of which the AFD gave $12m for urban development in Ethiopia. AFD has also already provided €9m for the Tendaho plant project, which was implemented by power supply company Ethiopian Electric Power and the Geological Survey of Ethiopia. Tendaho will have a capacity of 10 MW.