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Support for Geothermal Development in Tendaho (Ethiopia)

Region
Eastern Africa
Sector
Energy
Scope
IG
Grant Amount
EUR 3,000,000
Total project cost
EUR 39,300,000
Status
Under disbursement
PFG Lead Financier
AFD

The main objective of the project is to support the economic development of Ethiopia through the development of geothermal, a clean and reliable renewable energy resource therefore enhancing Ethiopian resilience to climate change.

For the Tendaho field, the Government of Ethiopia has set two targets:

-the delineation and initial development of the shallow reservoir allowing in the short term exploitation of the shallow resource at the maximum sustainable capacity, presently estimated to be at least 10 MW;

-the exploration of the deep reservoir by the initial drilling of deep exploration wells. The Government of Ethiopia’s target is the development in the medium terms of at least 100 MW of generation capacity.

The EU-AITF Investment Grant will support the delineation of the shallow resource, and jump start the production of steam in the area.

12/2016

07/04/2015 - Press release: signature of Financing Agreement between AFD and Ethiopia