April 1st, 2021 in Podcast. Closed
New World Bank financing supports Ethiopia s goal of universal electricity access by 2025. (Photo: The World Bank Group headquarters building in Washington, D.C./Wikimedia)
Press Release
World Bank Group
ADDIS ABABA The World Bank approved a $500 million International Development Association (IDA) credit to support Ethiopia’s goal of achieving universal electricity access by 2025.
Over the past decade, the Government of Ethiopia has made encouraging progress on its electrification program and expanded the grid network coverage to nearly 60 percent of towns and villages. Despite this progress, Ethiopia has the third largest energy access deficit in Sub-Saharan Africa with more than half the population still without access to reliable electricity especially in deep-rural areas which are dependent on biomass and kerosene. The electricity deficit in Ethiopia continues to exacerbate the poverty situation, preventing far to
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Gulf Oil & Gas
- The company will deliver29 SG3.4-132 wind turbines to state-owned utility Ethiopian Electric Power (EEP) for the Assela project - The 100MW wind farm will help power over 400,000 Ethiopian households - The wind farm is set to be commissioned by Spring 2023, and will save more than 260,000tons of CO2 emissions per year
Siemens Gamesa has signed its first wind power project in Ethiopia with state-owned electricity company Ethiopian Electric Power (EEP),strengthening its leadership in Africa as the country begins to expand its green energy capacity to meet ambitious renewable targets.
The 100MW Assela wind farm will be located between the towns of Adama and Assela, approximately 150 km south of the capital, Addis Ababa, and will contributetoclean and affordable powerfor the country’s electricity grid.
Siemens Gamesa has signed its first wind power project in Ethiopia with state-owned electricity company Ethiopian Electric Power (EEP), strengthening its leadership in Africa as the country begins to expand its green energy capacity to meet ambitious renewable targets.