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Geothermal Risk Mitigation Facility (GRMF)

Region
Eastern Africa
Sector
Energy
Scope
DG
Grant Amount
EUR 30,000,000
Total project cost
EUR 1,000,000,000
Status
Under disbursement
PFG Lead Financier
KfW

The Facility aims to attract public and private developers and to mobilise finance for the construction of at least four geothermal power plants (installed capacity of 300 MW) which will feed a clean and reliable energy into power grids in Eastern Africa. The Facility supports projects located in Eastern Africa in the countries that have signed the Addis Ababa resolution with the African Union Commission (AUC) on Geothermal Energy, namely: Burundi, Comores, Djibouti, DRC, Ethiopia, Eritrea, Kenya, Rwanda, Tanzania, Uganda and Zambia.

The EU-AITF grant is being used for the following:

- Financing (80%) of Surface studies to determine the optimal location of exploration wells at the most promising geothermal prospects.

- Financial support for drilling of exploration wells (40% for three boreholes) at the most promising geothermal prospects to assist developers secure finance for subsequent exploration or appraisal wells.

- Providing information regarding geothermal prospects in the region.

- Pre-application training workshops for developers.

- Support to AUC for management of the project.

The first call for proposal was launched in October 2012, the 5th Application round started in October 2017.

12/2017

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Release of the official Geothermal Risk Mitigation Facility (GRMF) Webpage and Announcement of Pre-application Information Workshop.

For more information, read the Flyer describing the project, the press release announcing the Pre-application Information Workshop and the agenda of the Pre-application Information Workshop.

The Geothermal Risk Mitigation Facility – Announcement of Pre-application Information Workshop for the Second Application Round

The Geothermal Risk Mitigation Facility, sponsored by the ITF, will extend its activities on substantially more countries in East Africa and will therefore soon open the second round of application. Please read the press release and invitation to a pre-application information workshop.

Press release - Signing ceremony of grant agreement for the geothermal risk mitigation facility

Press release - Launch of the Third Application Round for the Geothermal Risk Mitigation Facility

Press release - Signature of grant contract with Bureau Géologiquedes Comores (BGC)